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U.S. President Donald Trump walks on the South Lawn after landing at the White House on January 4, 2026, in Washington, D.C.
EconomyNational debt is already killing the American Dream, says top economist—and it might push the U.S. into an outright depression
By Eleanor PringleJanuary 18, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon warns $38 trillion national debt is going to ‘bite’: ‘You can’t just keep borrowing money endlessly’
By Eleanor PringleJanuary 14, 2026
U.S. President Donald Trump
EconomyTreasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
President Donald Trump listens as first lady Melania Trump speaks at a signing ceremony for the "Fostering the Future" executive order in the East Room of the White House on November 13, 2025 in Washington, DC.
EconomyNational debt crisis will be averted by governments ‘mobilizing and encouraging’ private wealth to fill budget holes, says UBS
By Eleanor PringleNovember 29, 2025
Ray Dalio on stage with Fortune's Diane Brady at Fortune Global Forum this year.
InvestingI chatted to Ray Dalio’s AI doppelgänger: It claims there’s a 75% chance the AI bubble bursts in 2026, isn’t so worried about national debt—and wouldn’t say which stocks to avoid
By Eleanor PringleNovember 24, 2025
Barry Eichengreen
Personal FinanceYour political polarization is the reason for our $38 trillion national debt, top economist says: ‘it’s deeply debilitating’ for ‘consensus and stability and productive policy results’
By Eva RoytburgNovember 13, 2025
David Solomon, chief executive officer of Goldman Sachs Group
EconomyGoldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis
By Eleanor PringleNovember 3, 2025
U.S. President Donald Trump
EconomyGovernments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS
By Eleanor PringleOctober 29, 2025
U.S. President Donald Trump speaks to members of the press as he departs the White House for Joint Base Andrews on October 24, 2025 in Washington, DC.
North AmericaThe U.S. is joining Europe’s debt club—Trump’s ‘Big Beautiful Bill’ could fuel $38 trillion tab, bigger than Italy or Greece by GDP share
By Eva RoytburgOctober 28, 2025
President Donald Trump attends a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025
EconomyWhy is Washington acting like the U.S. is in a recession?
By Eleanor PringleOctober 27, 2025
Trump
EconomyBudget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’
By Eleanor Pringle and Nick LichtenbergOctober 23, 2025
Ray Dalio, founder of Bridgewater Associates
EconomyRay Dalio says investors should take heed of the 1970s and increase their gold holdings
By Eleanor PringleOctober 8, 2025
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon says Trump’s efficiency drive isn’t enough to avert debt crisis: ‘Like most problems, it’s better to deal with it than let it happen’
By Eleanor PringleSeptember 23, 2025
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center on April 23, 2025 in New York City.
EconomyRay Dalio says the world is running out of interest in buying U.S. debt—but America is unable to cut back its spending
By Eleanor PringleSeptember 19, 2025
Citadel CEO Ken Griffin
EconomyKen Griffin lays down the law on why Trump needs to back off the Fed, saying his meddling could prompt a national debt crisis
By Eleanor PringleSeptember 8, 2025
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The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combinedplaceholder alt text
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