It's hard to believe that this is news that would lead stocks to rally to a fresh new all-time record high, but it has. The Wall St Journal today has an article with the below headline:
The Wall St Journal says that, "U.S. government debt is on track to exceed the size of the
economy for the 12 months ended Sept. 30, a milestone not hit since
World War II." The US is taking on a staggering amount of debt this year, and the total is more than the entire amount of GDP for the year! This is a calamity in the making!
