Group 1 - The U.S. national debt has reached a historic milestone of $37 trillion, equivalent to 127% of its GDP, with a rapid increase of $3 trillion from January 2024 to August 2025 [1] - The debt growth rate has accelerated, with the time taken to increase from $34 trillion to $35 trillion being 7 months, from $35 trillion to $36 trillion only 3 months, and from $36 trillion to $37 trillion approximately 9 months [1] - If the current pace continues, the U.S. debt could exceed $50 trillion by 2030, leading to a per capita debt of $108,000 [1] Group 2 - The Trump administration has implemented measures to alleviate debt pressure, including a $4.5 trillion tax cut plan expected to increase debt by $4.1 trillion over the next decade, criticized as a "poisonous remedy" [3] - Tariffs on China have been raised to 125%, with additional tariffs on allies, aiming to generate $1.3 trillion for the government, but studies show that 92% of tariff costs are passed on to U.S. consumers [3] - A new "Department of Government Efficiency" was established to streamline agencies, resulting in the layoff of 154,000 federal employees, but actual savings amounted to only $5 billion, less than 1% of total expenditures [3] Group 3 - Interest payments on the national debt have surpassed $1 trillion in 2025, accounting for 17% of federal spending, exceeding military expenditures for the first time [5] - The debt ceiling has been raised over 100 times since 1917, with a recent increase of $5 trillion after reaching the limit of $36.1 trillion in January 2025, indicating a decline in fiscal discipline [5] Group 4 - Rising interest rates and inflation are increasing household burdens, with mortgage and auto loan rates climbing alongside U.S. Treasury yields, leading to decreased wages and heightened inflation [7] - Global confidence in U.S. debt is waning, with countries like China and Switzerland reducing their holdings, resulting in a drop in foreign ownership from 50% in 2015 to 25% currently [7] - Moody's downgraded the U.S. sovereign credit rating in May 2025, marking the third downgrade by an international agency [7] Group 5 - The U.S. debt-to-GDP ratio has reached 127%, significantly exceeding the international warning threshold of 60%, posing risks not only to the U.S. economy but also to global financial stability [9] - A significant portion of the $37 trillion debt, approximately $29.64 trillion, is public debt issued to domestic and foreign investors, transferring repayment pressure globally [9] - The U.S. has been accused of weaponizing its financial power, as seen in actions against Russian assets and threats to tax U.S. debt holders, accelerating the trend of "de-dollarization" [9]
37万亿！美国国债猛涨 特朗普快守不住了！美元霸权何时崩塌？
Sou Hu Cai Jing·2025-09-03 12:50