A Debt Spiral and US Financial Collapse in the 2030s

 Read:  https://www.nextbigfuture.com/2025/02/a-debt-spiral-and-us-financial-collapse-in-the-2030s.html

The U.S. national debt is currently $37 trillion, and it’s growing at a rate of $1 trillion every 100 days. This translates to an annual increase of approximately $3.65 trillion (since there are about 365 days in a year, and $1 trillion every 100 days equals 3.65 increments per year). If this pace continues unchecked, the debt could reach insane levels:

In 5 years [2030]: $37 trillion + (5 × $3.65 trillion) = $55.25 trillion
In 10 years [2035]: $37 trillion + (10 × $3.65 trillion) = $73.5 trillion
In 20 years [2045]: $37 trillion + (20 × $3.65 trillion) = $110 trillion

Conclusion: High Risk by the mid-2030s and pretty certain doom by 2045

USSR-style Collapse: Not imminent, but a debt crisis could emerge in 10–20 years (2034–2044) if the debt grows unchecked at $1 trillion every 100 days, reaching $73.5–$110 trillion. A sudden collapse is less likely than a prolonged struggle.

Hyperinflation and Interest Rate/Inflation Spiral: Could begin within 10 years (by 2034) if debt servicing costs spiral and confidence in the dollar weakens, with hyperinflation possible soon after.

Loss of Reserve Currency Status: A gradual shift to Bitcoin, the Euro, or the Yuan might occur over 20–30 years (2044–2054), though a faster transition by 2030 is possible if a crisis accelerates.

Comment:  The author seems to think that the increase in debt is linear, whereas actually it will be like compounding interest.  I am forecasting a $110 trillion debt to the public level (which is less than the total national debt) in 2045 as well.

Could we just adjust to the higher debt level in 2045, which is about 3 times the current level?  After all, what was it 20 years ago in 2005?  About $8 trillion.  So it has increased more than 4.5 times since then.