ITM Trading: US Debt Hits WWII Levels as your Cost of Living Keeps Climbing

In today’s rapidly shifting global economy, staying informed about macroeconomic trends is essential for long-term financial stability. Recent data highlights a significant milestone for the United States: the national debt has officially surpassed the size of the entire national economy for the first time since the era of World War II. With a national debt exceeding $31 trillion and a total federal debt burden that reaching even higher levels relative to GDP, financial experts and credit rating agencies are closely monitoring the sustainability of these figures.  As interest costs on this debt rise, many are beginning to discuss what this…