TKL: That would be a staggering $34 TRILLION, or 148%, increase since 2020. This comes as total US federal debt has officially exceeded $36 trillion for the first time in history. Since the debt ceiling crisis “ended” in June 2023, total US debt is up a shocking $4 TRILLION. In other words, the US has added an average of $235 billion in debt every month, or $8 billion a day, since June 2023. Debt crisis is an understatement. submitted by /u/XGramatik |
OUCH! The S&P 500’s market capitalization to world GDP ratio officially hits a new all time high of 46%. The US market has never been bigger.
Over the last 15 years, this ratio has QUADRUPLED. This percentage is now even higher than the 39% recorded at