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Mike Shedlock, author / blogger at MishTalk, highlights that U.S. debt has once again surpassed 100 percent of GDP.
He points out that some headlines incorrectly state this is the first occurrence since World War II and questions whether the current debt trajectory is unstoppable.
Shedlock recently commented on upward pressure on interest rates and a potential tilt toward Federal Reserve hikes as markets react to U.S. economic data. He has also challenged claims about the likelihood of global de-dollarization, citing a lack of mathematical support. These earlier observations add context to his ongoing scrutiny of U.S. fiscal metrics.