Part 1/7:
National Debt and Governance: A Cause for Concern
The alarming trajectory of the national debt in recent times has become a focal point for many economists and policymakers alike. Reports indicate that the U.S. is adding a staggering trillion dollars to its national debt every 100 days—a figure that is projected to worsen, potentially reaching a trillion-dollar increment every 90 days or even less. Such a pace presents a serious risk of entering a hyperinflationary spiral, akin to countries like Argentina or Brazil. This fast-growing debt, now outpacing even the defense budget, raises questions about the sustainability of government spending in the long term.