Published Aug 23, 2026, 4:00 PM ET · Updated 3 months ago · 1 source

US faces unprecedented economic crisis due to national debt and rising interest rates

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Original Report

The US is heading towards an unprecedented economic crisis, evidenced by the national debt reaching $40 trillion and long-term interest rates surging to two-decade highs, which, combined with accelerating de-dollarization and 'major new cracks' in the US dollar, poses a severe threat to the dollar's future and the financial well-being of Americans.