It is now over $39 trillion.
We are less than ten days from the ten-year anniversary of Trump's campaign promise to eliminate the national debt within eight years.
It has instead roughly doubled.
It appears Trump has also given up on his campaign promise of "No New Wars.”
We are on the verge of escalating tensions in the Middle East to levels not seen since Operation Iraqi Freedom.
With the Pentagon requesting an additional $200 billion for operations in Iran on top of a $1.5 trillion defense budget, the fiscal floodgates are being thrown wide open.
Maybe even more alarming than the debt total itself is the new cost of carrying it.
Net interest on the national debt is projected to exceed one trillion dollars in fiscal year 2026.
That's nearly triple the $345 billion we paid in 2020 prior to COVID.
Over the next thirty years, the government is projected to spend nearly one hundred trillion dollars on interest alone.
And of course nothing balloons the debt and creates new money like war.
In WWI, US money supply went up 117%. In WWII, up 200%.
The avalanche is coming as nine in ten Americans now say this debt is directly driving up their cost of living.
And while gold stole the show in 2025, since the outbreak of the Iran conflict, the market has made a choice. Gold is down 16%; Bitcoin is up 11%.
People fleeing the Middle East are liquidating their gold as it's too heavy and too hard to move.
Instead they're buying Bitcoin.
The debt was already exploding. Now we have a conflict on the precipice of erupting into a much larger war.
Bitcoin's resilience tells you everything about what this asset is and what it's becoming.
You might want to get some, before it catches on.
