US debt is nearing 40 trillion

DavidB's Avatar
DavidB · in Economic Roundtable
2 comments 240 readers
DavidB's Avatar
#1

www.usdebtclock.org

Shows that US debt is nearing 40 trillion. It is at 39.8 trillion. Is this sustainable? How long do you think it can continue?

MoneyMan's Avatar
#2

Keep in mind the true debt is over 300 trillion. Due to accounting tricks unfunded liabilities are not considered debt even though the government has promised them and are required to pay them. They will pay it numerically someday but not in the same value.

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DavidB's Avatar
#3

On Aug 6, 2026, MoneyMan said:

Keep in mind the true debt is over 300 trillion. Due to accounting tricks unfunded liabilities are not considered debt even though the government has promised them and are required to pay them. They will pay it numerically someday but not in the same value.

Really?? That's something I did not know.

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