Washington: The United States is heading into a financial moment unlike any seen in the last 100 years. The country’s debt load keeps rising to record levels. It has already exceeded $38 trillion in 2025. The International Monetary Fund (IMF) has warned that America is now moving toward a position that once triggered global concern for other advanced economies.

According to IMF projections, US general government gross debt will hit 143.4% of GDP by 2035, up from 123% in 2024. That level will exceed Italy’s 137% and Greece’s 130%, two countries long seen as symbols of high public debt.

Economists say this shift is likely to bring a major change in the global financial balance.

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The United States is spending more money each year while revenue growth rem

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