Consumer debt hits $5.01 trillion, with credit card balances surging 7%. High APRs and impulse spending fuel financial strain.

Consumers are out of savings. APRIL 2025: – Consumer credit hit $17.9B (Fed expected $11.4B)– Credit card debt increased 7%– Total balances hit a record $5.01T (yes, with a T, y’all) Ummm… hello? This is crisis management at 25% APR. – 35% used credit for impulse buys-… — Amanda Goodall (@thejobchick) June 8, 2025 Auto …

READ MORE

World debt has now officially crossed $300 trillion; Global Central Banks are loading up on Gold and the majority of purchases are going undeclared

WARNING: World debt has now officially crossed $300 trillion And still continues to climb aggressively This is not looking good… pic.twitter.com/CIc0BKEhBo — Bravos Research (@bravosresearch) June 4, 2025 Why aren’t they loading up on Bitcoin? https://t.co/36owOQbnGR — QE Infinity (@StealthQE4) June 5, 2025 Hard assets. https://t.co/2rIsh9jI02 — Otavio (Tavi) Costa (@TaviCosta) June 5, 2025 Here …

READ MORE

“The emergency is $1.3 trillion a year going abroad, $18 trillion of American wealth so far transferred into foreign hands,” Navarro has said.

Navarro’s right—$18 trillion in wealth transfer isn’t just a number, it’s theft. The Supreme Court’s decision to block Trump’s USAID freeze let billions hemorrhage overseas annually, prioritizing foreign handouts over American taxpayers. Meanwhile, federal spending ballooned… — Watch DOGE (@dogeai_gov) June 1, 2025

Insured deposits hit $10.5 trillion, FDIC fund holds only $140.9 billion, a penny of coverage per dollar insured

Total Insured Deposits: $10.5 TRILLIONFDIC Insurance Fund: $140.9 BILLION That’s just over a PENNY for every DOLLAR they "insure." Yields are rising, bank losses are growing, and what comes next could be much worse. Don’t assume "your money" is safe. pic.twitter.com/jbj4Jj4A9K — Taylor Kenney (@taylorkenneyitm) May 30, 2025

China Is Broke: $50 Trillion Debt Collapsing China’s Entire Economy, Citizens Turn Against CCP

China is facing an unprecedented financial catastrophe that could reshape the global economy forever. From empty government offices where civil servants haven’t been paid in months, to elderly investors crying in the streets after losing their life savings, the signs are everywhere. China’s total debt has exploded to well over $50 trillion – that’s more …

READ MORE

Another $3.8 Trillion in Debt Makes $4,000 Gold the New Baseline

The big, beautiful bill’s $3.8 trillion deficit isn’t just fueling national debt – it’s inspiring forecasts for $4,000 gold by the year’s end. With the dollar’s safe-haven status at risk while central banks dedollarize in favor of gold, here’s what’s next… By Peter Reagan Your News to Know rounds up the most important stories about …

READ MORE

DeSantis slams Congress for failing to implement DOGE spending cuts; Rand Paul warns of $36.9 trillion debt crisis; Rick Scott rejects spending bill, demands deeper budget cuts

Governor Ron DeSantis is calling out Congress for failing to implement spending cuts identified by Elon Musk’s Department of Government Efficiency (DOGE). The initiative was designed to slash wasteful spending, but lawmakers have yet to act. 🇺🇸 GOV. RON DESANTIS: NOT ONE CENT IN DOGE CUTS, CONGRESS FAILED "A trillion-dollar deficit is a tax on …

READ MORE

We were promised $1 trillion in cuts — $9 billion feels like chump change, Russ Vought.

RUSS VOUGHT: We are going to send up rescissions bills. We have a $9 billion package of DOGE cuts almost ready to go up. Why the delay? Because the House actually wants to pass it and we have been working with House appropriators to get it done.@russvought @RussVought47 pic.twitter.com/euEQmwXwon — Bannon’s WarRoom (@Bannons_WarRoom) May 22, …

READ MORE

Credit card delinquencies hit 12.31%, highest since 2011; Household debt climbs to $18.2 trillion

Serious Credit Card Delinquencies rise to 12.31%, the highest level since 2011 🚨🚨 pic.twitter.com/KPm8CIdS04 — Barchart (@Barchart) May 15, 2025 Credit card delinquencies have surged to 12.31%, marking the highest level since 2011. The latest data from the Federal Reserve Bank of New York paints a troubling picture of consumer debt, with households struggling under …

READ MORE

Thomas Massie — Big Beautiful Bill will add $20 trillion to national debt over 10 years.

The Big Beautiful Bill will add $20 trillion of federal debt over 10 years, and that’s according to the authors of it. But there’s another huge problem: it will increase the price of the $36 trillion of debt we already have, as bond buyers realize we aren’t fiscally responsible. pic.twitter.com/fGSIexNSOZ — Thomas Massie (@RepThomasMassie) May …

READ MORE

U.S. Government Interest Payments Reach $1.36 Trillion in Q1 2025

📈 U.S. Government Interest Payments Reach $1.36 Trillion in Q1 2025 byu/EconomySoltani inInfographics The Bureau of Economic Analysis reports that U.S. government interest payments totaled $1.36 trillion in Q1 2025, comprising $1.11 trillion in federal and $0.25 trillion in state payments. This marks a 1.2% decline from the previous quarter but a 1.7% increase compared …

READ MORE

Yield jump signals trust breakdown, not inflation fear. $9 trillion rollover countdown begins, Moody’s sounds the alarm

In 2022, people watched prices surge and blamed gas stations and grocery stores. Today feels different. Prices are still high, but the real concern has shifted. The fear now is not about inflation today. It is about trust tomorrow. People are no longer just worried about paying more. They are starting to wonder whether the …

READ MORE

Diverging Trade Paths: U.S. Deficit Hits $1.4 Trillion as China’s Surplus Climbs to $1.1 Trillion (LTM Q1 2025)

📈 Diverging Trade Paths: U.S. Deficit Hits $1.4 Trillion as China’s Surplus Climbs to $1.1 Trillion (LTM Q1 2025) byu/EconomySoltani inInfographics In the twelve months ending March 2025, the U.S. trade deficit widened to $1.4 trillion, a 30.3% increase from the prior year. Meanwhile, China’s trade surplus rose 30.9% to $1.08 trillion. Since the onset …

READ MORE

Sorry Trump, but ‘hundreds of millions’ is chump change versus $2.5 trillion deficit.

President Donald Trump said Monday he “just called” Speaker Mike Johnson and Senate Majority Leader John Thune to inform them about the cost savings they could recoup for their party-line megabill — thanks to the president’s sprawling tariff regime and his “most favored nation” drug pricing executive order. “You’re gonna have to, No. 1, score …

READ MORE

Global Debt jumps to an all-time high of $324 Trillion. This won’t ever be paid back. It’s nothing but a giant Ponzi scheme at this point.

This won’t ever be paid back. It’s nothing but a giant Ponzi scheme at this point. https://t.co/1ok4LJIWZT — QE Infinity (@StealthQE4) May 11, 2025 Gold scores highest weekly close in history 📈📈 pic.twitter.com/DOjfooThwz — Barchart (@Barchart) May 11, 2025 The U.S. dollar has lost 99% of its purchasing power since 1971 80% of all dollars …

READ MORE

FY 2025 deficit hits $1.1 trillion in 7 months, on track for $2 trillion; Fed purchases $43.6 billion in bonds in 4 days

Issuing debt that the Fed then buys with created out of thin air funny money is so Zimbabwe 2.0. The fed is already sitting on over $1.5 trillion in bonds. https://fred.stlouisfed.org/series/TREAS10Y The train is out of control… The first 7 months of FY 2025 produced a deficit of $1.1 Trillion. That’s $196 Billion more than …

READ MORE

We’re staring down 1970s inflation, 1940s debt, and 1920s asset bubbles. Hard assets may be the only real hedge left.

Almost exactly one year ago, Jay Powell said: "I don't see the stag, nor the 'flation.'" Today, the Fed’s projections anticipate both. This is a timely reminder that we’re still grappling with a rare trifecta of macro imbalances: Inflation like the 1970s, government debt… pic.twitter.com/OKiiXDkyQp — Otavio (Tavi) Costa (@TaviCosta) May 7, 2025 When Powell …

READ MORE

Gold prices up 105%, central banks add 3,176 tonnes. Holdings soar to record $2.1 trillion

Gold (and central banks) know that neither Congress nor the White House has any plan in place to cut off relentless peacetime, "non-recession" deficit spending. Source: CBO pic.twitter.com/Mg8H8x8yDf — David Sommers (@dgsommersmkts) May 5, 2025 Heading into 2025, $GLD was underperforming the S&P 500 since 2020 by ~10%. However, as uncertainty has risen, $GLD is …

READ MORE

Tesla building ‘legion of robots’ to lead $5 trillion AI labor revolution. Morgan Stanley sees 1 billion humanoids by 2050 with Tesla poised to dominate

TESLA OPTIMUS EYED FOR $5 TRILLION ROBOT TAKEOVER Morgan Stanley sees a $5 trillion humanoid robot market by 2050—and Tesla’s Optimus is in prime position. With up to 1 billion robots projected by mid-century, analysts say companies controlling the brains and branding will win big. Elon expects to build 10,000 to 12,000 Optimus units this …

READ MORE

Humanoid robot boom projected to hit $5 trillion by 2050. Morgan Stanley sees humanoids outpacing global auto industry

Morgan Stanley’s Adam Jonas just introduced the “Global Humanoid Model,” projecting 1 billion humanoid robots and $5 trillion in annual revenue by 2050. They believe the implications for global manufacturing, supply chains, and geopolitics are still under-appreciated. Morgan Stanley sees humanoids eventually eclipsing the global auto industry in size, with final equipment sales reaching nearly …

READ MORE

IMF says tariff revenue will reduce U.S. deficit from $2.6 trillion to $2.3 trillion — We need spending cuts, congress. Notice the final paragraph, bond market vigilantes will punish U.S. Treasuries.

The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout of higher tariffs and potential revenue increases The International Monetary Fund forecasts U.S. tariffs will …

READ MORE

Doge launches full-blown audit of entire U.S. government. $86 trillion in spending under forensic review

🇺🇸 REP. MIKE LAWLER: DOGE IS DOING A TURBOCHARGED FORENSIC AUDIT OF THE ENTIRE GOVT “We’re spending $86 trillion over 10 years—and we’re $36 trillion in debt. That’s $1T a year just on interest. DOGE is digging through every department. This is a real audit. It’s been… https://t.co/zoRdpN22b9 pic.twitter.com/lmPB41912m — Mario Nawfal (@MarioNawfal) April 11, …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.