Cartoon author: Ma Hongliang (Photo copyrighted by People's Daily Online, please do not reprint without authorization.) According to data from the U.S. Department of the Treasury website, as of July 26, the U.S. federal government debt has reached 35.001 trillion U.S. dollars, ex

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Cartoon author: Ma Hongliang (Photo copyrighted by People's Daily Online, please do not reprint without authorization.) According to data from the U.S. Department of the Treasury website, as of July 26, the U.S. federal government debt has reached 35.001 trillion U.S. dollars, ex - Lujuba

Comic author: Ma Hongliang (Photo copyrighted by People's Daily Online, please do not reprint without authorization.)

According to data from the U.S. Department of the Treasury website, as of July 26, the U.S. federal government debt has reached 35.001 trillion U.S. dollars, exceeding 35 trillion U.S. dollars. mark.

In fact, in January 2023, the debt of the US federal government has reached the legal debt ceiling of US$31.4 trillion. As the U.S. government's debt piles up, the per capita debt of U.S. citizens is also rising. Today, the average debt per American exceeds $100,000.

The rampant growth of U.S. debt not only endangers its long-term economic growth potential, but also seriously drags down global economic development. The ever-increasing U.S. debt is like a "ticking time bomb", laying hidden dangers for the global economy.

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