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US Debt Explodes to $37 Trillion
A compiled the timeline for the last 10 trillion dollars added to the U.S. national debt, I wanted to share some perspective on just how fast this debt is growing. By the next bitcoin halving this will be closed to 47T Debt (USD) Date Reached Days Since Previous Level $26T June 10, 2020 — $27T October 1, 2020 113 days $28T June 1, 2021 243 days $29T November 15, 2021 167 days $30T February 1, 2022 78 days $31T October 4, 2022 245 days $32T June 16, 2023 255 days $33T September 18, 2023 94 days $34T May 20, 2024 (estimated) 245 days $35T September 10, 2024 (estimated) 113 days $36T February 5, 2025 (estimated) 148 days $37T June 1, 2025 (estimated) 116 days From 27T to 37T Average time per trillion added: ~136 days (~4.5 months) Fastest jump: $32T → $33T in just 94 days Total time to add $10T: ~1,359 days (~3 years y 8 months) ----------------------------------------------------------- From 17T to 27T Average time per trillion added: ~176 days (~5.8 months) Fastest jump: $25T → $26T in just 36 days Total time to add $10T: ~1,755 days (~4 years y 10 months) ----------------------------------------------------------- From 7T to 17T Average time per trillion added: ~285 days (~9.4 months) Fastest jump: $13T → $14T in ~185 days (~6 months) Total time to add $10T: ~2,850 days (~7 years y 9 months) ----------------------------------------------------------- From 0.7T to 7T Average time per trillion added: ~1,605 days (~4.4 years) Fastest jump: $5T → $6T in ~730 days (~2 years) Total time to add ~$6.3T: ~10,109 days (~28 years y 1 months) submitted by /u/Jaiiden [link] [comments]
A compiled the timeline for the last 10 trillion dollars added to the U.S. national debt, I wanted to share some perspective on just how fast this debt is growing. By the next bitcoin halving this will be closed to 47T
| Debt (USD) | Date Reached | Days Since Previous Level |
|---|---|---|
| $26T | June 10, 2020 | — |
| $27T | October 1, 2020 | 113 days |
| $28T | June 1, 2021 | 243 days |
| $29T | November 15, 2021 | 167 days |
| $30T | February 1, 2022 | 78 days |
| $31T | October 4, 2022 | 245 days |
| $32T | June 16, 2023 | 255 days |
| $33T | September 18, 2023 | 94 days |
| $34T | May 20, 2024 (estimated) | 245 days |
| $35T | September 10, 2024 (estimated) | 113 days |
| $36T | February 5, 2025 (estimated) | 148 days |
| $37T | June 1, 2025 (estimated) | 116 days |
From 27T to 37T
Average time per trillion added: ~136 days (~4.5 months)
Fastest jump: $32T → $33T in just 94 days
Total time to add $10T: ~1,359 days (~3 years y 8 months)
-----------------------------------------------------------
From 17T to 27T
Average time per trillion added: ~176 days (~5.8 months)
Fastest jump: $25T → $26T in just 36 days
Total time to add $10T: ~1,755 days (~4 years y 10 months)
-----------------------------------------------------------
From 7T to 17T
Average time per trillion added: ~285 days (~9.4 months)
Fastest jump: $13T → $14T in ~185 days (~6 months)
Total time to add $10T: ~2,850 days (~7 years y 9 months)
-----------------------------------------------------------
From 0.7T to 7T
Average time per trillion added: ~1,605 days (~4.4 years)
Fastest jump: $5T → $6T in ~730 days (~2 years)
Total time to add ~$6.3T: ~10,109 days (~28 years y 1 months)
[link] [comments]
