U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues

https://www.nytimes.com/2026/08/19/business/economy/us-debt-40-trillion.html

30 points · 3 comments · view on lemmy.world

3 Comments

Redditor_in_Exile@sopuli.xyz · 4 pts · 25d (1 reply)

We must sacrifice 40 Elons into the volcano.

Then we can borrow more.

phoenixz@lemmy.ca · 2 pts · 25d

Then you don't need to borrow anymore

minorkeys@sh.itjust.works · 1 pts · 25d

What does the nation's debt matter to the wealthy when the wealth of all the assets are in their hands?