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• GGraham Stephan [YouTube]2026-10-13Video✓ Read

  “America’s Debt Spiral Is Going To Implode Within 3 Years” - Ray Dalio’s Final Warning

  Take your personal data back with Incogni! Use code GRAHAM at the link below and get 60% off an annual plan: https://incogni.com/graham | Add me on Instagram: GPStephan FOLLOW MY INVESTMENTS / STOCKS HERE: https://getblossom.onelink.me/SOfu/grahamstephan START BUILDING WEALTH WITH MY FREE NEWSLETTER: https://grahamstephan.substack.com THE U.S. DEBT SPIRAL The United States now owes more than $40 trillion, and the total is still rising by billions of dollars every day. The bigger problem is not just the debt itself, but the growing amount of interest the government has to pay as older, cheaper debt gets refinanced at much higher rates. WHY INTEREST COSTS MATTER For years, the government was able to borrow enormous amounts of money at extremely low rates. Now, with borrowing costs at their highest levels in decades, that strategy is becoming much more expensive. The CBO projects federal interest costs could reach roughly $2.1 trillion per year by 2036. WHO KEEPS BUYING U.S. DEBT? The government funds its deficits by issuing Treasury bonds. That system works as long as investors are willing to keep buying them at reasonable rates. If buyers begin demanding 5%, 6%, or more to lend the government money, interest expenses increase even faster. FOREIGN BUYERS ARE PULLING BACK Countries such as China and Japan have historically been major holders of U.S. Treasuries. Some foreign holdings have recently declined, raising concerns about who will absorb the enormous amount of new debt the United States needs to issue. THE SUPPLY OF DEBT IS EXPLODING At the same time demand is being questioned, Treasury supply continues to rise. The government is running massive deficits, while corporations and AI companies are also borrowing huge amounts of money. All of them are competing for the same pool of capital. INFLATION MAKES THE PROBLEM WORSE Inflation remains above the Federal Reserve’s target, which makes investors less willing to lock money into long term bonds at lower yie

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