US Fiscal & Macro Deterioration: Debt, Commodities & Inflation
US national debt has doubled to $40.4T in 10 years as spending outpaces revenue, commodity prices are surging, and global central banks are seen as behind the curve on inflation.
What we know
An account on X published the 10-year fiscal scorecard: federal spending +92%, revenue +65%, national debt $19.8T → $40.4T. Commodity prices over the past year are sharply higher: heating oil +127%, Brent crude +80%, gasoline +79%. Central banks globally are assessed to be behind the curve with more rate hikes expected. Notable asset drawdowns: ETH -52%, DOGE -90%, Trump Coin -98% from all-time highs.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.