🇺🇸 THE U.S. NATIONAL DEBT IS NOW OVER $40 TRILLION ➡️ THIS IS WHY #BITCOIN EXISTS 🟠 The U.S. national debt has officially crossed $40 trillion for the first time last week. Treasury data shows public debt outstanding reached roughly $40.05 trillion, rising by about one-third in less than five years. This becomes the real macro story: ➡️ The government is borrowing more. ➡️ Interest costs are rising. ➡️ Deficits remain historically large. ➡️ Washington is now approaching the $41.1 trillion statutory debt ceiling In other words 👉 This is the debt spiral Bitcoiners have been warning about. The value of the U.S. dollar has significantly decreased in the post-COVID years, and the amount of debt the nation accrues looks more and more like a hockey stick with each presidential term that goes by. ❌ More debt creates more interest expense ❌ More interest expense creates more deficits ❌ More deficits create more borrowing ❌ More borrowing puts more pressure on the system That is the “d...