RawDiary

US Debt Crisis Looms – Cash Could Run Out by July

Analysis warns Congress must act to avert a national default as the US debt reaches $36 trillion. Financial markets are on edge amid growing concerns over fiscal mismanagement and potential economic collapse. The crisis casts a long shadow over government spending, investor confidence, and global financial stability.

24 Hours US markets surge as investors react to tariff easing rumors while congressional infighting stalls policy. Trump defies gag orders, launching personal attacks and demanding removals of distorted portraits. Overseas, US-Russia talks spark hopes for a ceasefire, and Israel strikes Hamas leaders in Gaza. Border authorities now use phone data in immigration checks. South Korea faces political upheaval and wildfires erupt across the Carolinas. Meanwhile, bitcoin booms, 23andMe files for bankruptcy, and scientists warn of NIH funding cuts. Analysts caution that failure by Congress could trigger an unprecedented US debt default by July.

Number 36T - US National Debt at Risk

Quote ‘If Congress fails, economic collapse is inevitable’ — Analyst