America’s national debt has reached a record level!

The U.S. national debt has increased significantly in recent years, and the debt-to-GDP ratio has once again approached 100%. This ratio had also exceeded 100% after World War II. In the post-war years, economic growth and reduced government spending caused the debt ratio to decline, falling below 25% in the 1970s. However, after the 2008 financial crisis, increased government spending to support the economy contributed to a rise in the national debt. Extensive fiscal measures introduced during the COVID-19 pandemic in 2020 pushed the debt even higher. As a result, the debt-to-GDP ratio approached 100%. Rising debt is also increasing the U.S. government's interest expenses. This situation creates risks for both the U.S. economy and global financial markets. Therefore, investors are closely monitoring U.S. fiscal policy, the debt ceiling, and future borrowing plans.