US Debt Hits $38.8 Trillion—and It's Getting Worse
55sThe staggering $38.8 trillion debt figure plus the simple explanation of borrowing and printing money is instantly shareable.
▶ Play Clip"Delivers a real warning with concrete debt and bond market data, but the Patreon pitch and opinion-heavy segments dilute it."
Brian discusses the accelerating US debt crisis, explaining that federal debt has reached $38.8 trillion and is on track to hit $39 trillion within weeks. He breaks down the government's structural overspending, rising interest costs, and the bond market's warning signals, arguing that the debt poses the biggest national security risk.
Federal debt stands at $38.8 trillion, directly from the US Treasury website, and is expected to reach $39 trillion within weeks.
The government spends more than it receives, borrows the difference, and prints money to repay debts, causing inflation, lower living standards, and wider wealth gaps.
In fiscal year 2026 so far, the US government collected $1.78 trillion but spent $2.48 trillion, a deficit of $700 billion.
Both parties overspend regardless of who is in the White House — Obama increased debt over Bush, Trump over Obama, Biden over Trump, and current Trump over Biden.
The reported 2025 deficit of $1.78 trillion was lower than 2024's $1.83 trillion, but it ignores illegal tariff revenue being refunded, making the true 2025 deficit worse.
The Supreme Court ruled tariffs illegal and ordered refunds to about 2,200 companies, estimated at $166–182 billion, to be processed within days, not years.
Interest on the debt has increased every year since 2020 and continues in 2026, despite Fed rate cuts, because the total debt keeps growing.
Government interest payments are expected to accelerate sharply through 2036 as debt accumulates.
Estimates of $58–64 trillion debt in 10 years are likely wrong because Social Security is on pace to go insolvent in 7 years, not 10–20.
Leaders focus on foreign conflicts like Iran and Ecuador while ignoring the fiscal rot, which Brian calls the biggest national security risk.
Bonds experienced their biggest sell-off when the war started, contrary to the belief that investors rush to bonds during crises; foreign holders see US will never repay.
The stock market is not the financial universe's center — the bond market is, and it will suffer this year as part of a long process.
Higher borrowing costs for the US government will consume a bigger share of taxes, and the world is buying gold instead of Treasuries because gold cannot be printed.
In a broad sell-off, institutions sell even good assets like gold to cover losses, but the long-term trajectory for gold remains upward.
The US is trapped in a cycle of overspending, borrowing, and money printing that is inflating away living standards and eroding global confidence in Treasuries. Brian urges viewers to protect themselves with hard assets like gold and join his Patreon for exclusive financial content.
What is the current total US federal debt according to the US Treasury?
$38.8 trillion.
00:14
In fiscal year 2026 (so far), how much has the US government collected versus spent?
Collected $1.78 trillion and spent $2.48 trillion, a $700 billion deficit.
01:08
What was the officially reported deficit in fiscal 2024 vs 2025?
$1.83 trillion in 2024 and $1.78 trillion in 2025.
02:31
Why does the narrator argue the 2025 deficit was actually worse than 2024?
Because the illegally collected tariff money (~$166–182 billion) is being refunded, making the real deficit higher.
02:45
What did the Supreme Court rule regarding the tariffs?
The tariffs are illegal and must be refunded within days, not years.
02:45
How many companies are expected to receive tariff refunds?
Approximately 2,200 companies.
03:29
What is the timeline for Social Security insolvency according to the video?
7 years.
05:24
What happens to bond prices and interest rates when investors sell off bonds?
Bond prices fall and interest rates rise due to their inverse relationship.
06:41
Why did bonds sell off when the war started instead of rising as safe havens?
Foreign holders realized the US will never repay its debt and are accelerating de-dollarization.
06:54
Why isn't gold spiking during the broad market selloff?
Institutions sell even good assets like gold to cover losses, but the long-term trajectory is up.
08:28
Debt crosses $38.8 trillion
Provides a concrete baseline for understanding the scale of the fiscal crisis.
00:01Supreme Court tariff ruling
Reveals how accounting tricks can hide the true deficit and forces immediate fiscal correction.
02:45Social Security insolvency in 7 years
Reframes the crisis timeline and makes most long-term debt projections look optimistic.
05:10Bond market safe-haven narrative broken
Highlights a structural shift in global confidence toward US debt.
06:28Gold as alternative reserve asset
Explains real-world demand for gold as a hedge against fiat currency erosion.
08:01[00:01] status update on the US debt crisis. We've been distracted by all these current events, but we can't ignore this because the situation's been actually getting worse and accelerating. The federal government's debt now stands at
[00:14] 38.8 trillion dollars, and this is coming directly from the US Treasury's website. And I'm telling you that in a matter of weeks, we're going to be at 39 Okay. Why is this happening?
[00:28] Why is the government pushing our country into a dangerous amount of debt? simply because the federal government spends more money than they have coming in. It's as easy as that. Okay. Now, how do you spend more money
[00:41] Okay. Now, how do you spend more money than you have or you have coming in? And the answer is easy. They borrow money. They borrow the difference. And then they print money to pay back their debts, which is of course
[00:54] inflationary and lowers the quality of living for everyday Americans. It widens the wealth gap. There's more income disparity. Okay. How bad is the situation right now? Let's take a look at fiscal year 2026.
[01:08] And you have to remember that this is fiscal year 2026, not calendar year 2026. But here are the updated figures. So far in 2026, the US government has collected 1.78 trillion dollars. Now, let me show you how much the government
[01:22] has been spending. They've collected 1.78 trillion dollars and they've spent 2.48 trillion dollars. So they've spent 700 billion more than they've collected so far in fiscal year 2026. Now, let me show you this. Here
[01:37] are the annual deficits. Okay. It's very important to understand this. It doesn't matter if you are a Republican or a Democrat, because whoever's in the White House, Republican or Democrat, they are both overspending.
[01:51] other. Obama spent more than Bush. Trump spent more than Obama. Biden spent more than Trump. And Trump is spending more than
[02:03] If you take a look at this chart, it shows you how much deeper into debt our country goes into each and every year. And it just accumulates, and it accumulates, and it accumulates, and that's how we get into $38.8 trillion of
[02:16] debt. But, you may say, "Brian, like what are you talking about? Look at fiscal year 2025, the deficit, the overspending went down by President Trump compared to Biden in 2024." In 2024, the deficit was $1.83 trillion.
[02:31] In 2024, the deficit was $1.83 trillion. In 2025, it was at $1.78 trillion. However, you have to remember, the government illegally collected all that tariff money in 2025. So, if you take that into consideration,
[02:45] because that's being refunded back, the deficit was worse in 2025 compared to 2024. All right, check this out. The Supreme Court ruled that the tariffs are illegal. So, the government needs to give that money back, right?
[03:00] administration was arguing that they should be given a few years to refund the tariff money back. Okay, why a few years? Obviously, so the Trump administration could just kick that can down the road
[03:15] and make that problem the problem of the next president's. And of course, President Trump doesn't want the financials to look bad under his term. But, that idea was rejected. The refunds need to be processed in a matter of
[03:29] days, not years. The government will be refunding approximately 2,200 companies refunding approximately 2,200 companies an estimated $166 billion to $182 And the bulk of that money was coming from fiscal year 2025.
[03:44] That means that the deficit for 2025 truly looked more like this. So, yes, it was worse than 2024. It was actually noticeably worse than 2024. And now you deeper into a mountain of debts and on that debts, they have to pay interest
[04:01] and that's not looking good either. Every year since 2020, the amount of interest that the government's paying has increased and 2026 is looking no And you have to understand that it's worse than it appears because you have
[04:15] to remember that the Federal Reserve has been cutting interest rates and much of the government's debts is in short-term T-bills and still the interest expense is higher due to simply having more debts.
[04:28] Now, I want to show you this. Here's the expectation of how much interest that the US government will be paying in the years ahead and this goes up until 2036. the acceleration. If you think it's bad right now, you just wait a few years.
[04:44] Okay, so why is the government's interest payments expected to shoot up And well, I'll just tell you that it's actually straightforward. It's because we're at 39 trillion dollars of debts, right?
[04:56] Every year the government spends trillions more than they have coming in and they make up the difference by borrowing more money. And that debt accumulates and with a greater amount of debts comes greater interest payments.
[05:10] All these estimates that are being thrown around there, you know, oh, the government's going to be in 58 trillion dollars in debts in 10 years or maybe it's going to be 64 trillion. In my opinion, they are wrong.
[05:24] The reason why I'm saying that is because Social Security is on pace to go insolvent in 7 years. It's not 10 years, it's not 15 or 20, no, 7 years
[05:36] insolvency. And guess what? Nobody, Trump, nobody in Congress, nobody's doing anything about it. Instead, we are occupied with special military operations in other
[05:49] countries rather than fixing our problems here at home. I mean, we are we're fixated on Iran, and we should be, but did you know that right now we are attacking Ecuador? Listen, we're getting all this
[06:02] American propaganda from the governments that oh, this is a security risk, that's a security risk. In my opinion, it's the unsustainable debts, the government's overspending and corruption in DC that is the biggest
[06:15] national security risk for us as Americans. It's the rot from within that's going to take our country down. started in the bond markets. Now, you may think
[06:28] that bonds are a safe haven. Like that's what we've been programmed to believe, and that's what we're taught. And when war breaks out, investors are going to rush into bonds causing the price of bonds to go up, and interest
[06:41] rates will come down because they have an inverse relationship. And if interest rates on bonds go down, then the US government can borrow money happen. Bonds locked their biggest sell-off when
[06:54] the war started. Okay, why did this happen? It's because the writing's on the wall. Besides the rising inflationary and stagflationary risk, all the all the other countries, they they they
[07:07] balance our books. They know that we're never going to pay the debt back, and That's the truth. And listen, it's not like the war triggered this. So sure, the war may be accelerating
[07:21] de-dollarization, which is a process, it's not an event, situation because I'm guessing that the majority of Americans have no idea what's going on in the financial markets or how this all works.
[07:34] Basically, most Americans are living in ignorance. They're living in bliss, but that world is crashing down, and it's going to reset. stock market is not the center of the financial universe. It's the bond
[07:48] markets. And the bond market's going to suffer this year. It's going to suffer And it's just going to get worse and worse. But again, it's a process. It's not an event. Meaning that Okay, so what's all this going to mean?
[08:01] become more expensive for the US government to borrow money. And that means that a higher percentage of our taxes will go towards paying the interest on our national debt. Okay, so if the world is not rushing
[08:15] towards US Treasury bonds, then what are they buying instead? They are buying gold. Why? Because governments and central banks cannot print gold. Okay, then why is the price of gold not
[08:28] spiking up right now? It's because what I covered in my It's because what I covered in my original gold video back last year. I said that if we enter into a broad market sell-off, then
[08:40] Okay, so that's what we're in right now. Then stocks are going to go down, bonds are going to go down, crypto's going to go down. Then people and institutions, they're going to sell anything and everything to cover their losses and
[08:52] They're going to sell their bad assets. They're going to sell their good assets, which includes gold. Because they need the money. Like, what can they do? But it's not like the price of gold has been crashing. So, this is a
[09:05] Sure, we're off the highs, but the trajectory's still up. Especially with the ongoing debt crisis and the ever-growing need to print more money. Basically, currency in the basement. So, to me, this is just
[09:21] This is just a no-brainer. Being in gold is just a no-brainer. Unless you truly learn how to balance their budget, the central banks will stop printing money, and confidence is going to return back to fiat currencies, which has never
[09:35] happened in the history of mankind. Okay, listen. If you're interested in protecting yourself and your family financially through all of this disaster of a situation and dedollarization, I'm
[09:47] telling you, please come join us on our Patreon site. I'm going to leave a link I give exclusive financial content over there. You can see what I'm doing with community, and we just opened up our chat room.
[10:01] each other. Thank you so much, and we should have a very nice day. Take and we should have a very nice day. Take care.
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