Debt is snowballing, while wealth is concentrating in the hands of a few. This is not only a contradiction in the US economy but also a reflection of the true state of its political ecosystem.

As an analyst who has been observing global financial markets, I increasingly feel that the US is陷入 a vicious fiscal cycle. The government’s coffers are empty, debt is piling up, while Wall Street’s capital giants are疯狂积累财富.

Behind this裂痕, essentially, are the accumulated弊端 of the US political and economic system. Today, let’s take a look at the underlying logic of the US fiscal dilemma.

**How deep is the debt black hole?**

Looking directly at the numbers: the total US government debt has surpassed $37 trillion. The key point is that this number is still狂奔——increasing by $1 trillion every 100 days on average. In other words, each American is born owing about $100,000 in debt.

Even more令人心碎 is that interest payments on national debt have become the government’s largest single expenditure, nearing $1 trillion annually, surpassing military spending. Imagine a family whose monthly income just covers interest payments, while the principal keeps growing—this is the current situation of the US government.

Faced with this situation, the US government has not chosen to开源节流, but instead keeps printing money and borrowing. After the pandemic, the Federal Reserve adopted a "zero interest rate + unlimited quantitative easing" combo, passing four large-scale spending bills totaling $6.3 trillion in two years—such frequency is unprecedented in history.

**What is the result of such "drinking poison to quench thirst"?**

It has directly triggered the most severe inflation in forty years. Ordinary people's purchasing power is being silently eroded, while those with assets—wealthy individuals—see their wealth gap widening as stock and real estate prices soar.

This logic has profound implications for the crypto market—imbalances in the traditional financial system are driving more people to seek alternative assets.