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But we saved everything 🙂.
Ben Carlson, industry influencer, outlines the dramatic increase in U.S. government debt from $16 billion in 1930 to $39 trillion today. His summary traces the growth at decade intervals, with particularly large jumps seen in each recent decade.
Carlson raises the question of why a significant government debt crisis has not yet occurred, inviting further discussion about the sustainability of this rising debt.
Carlson has previously described unprecedented stock market behavior and high government debt to GDP in a recent analysis. He also noted the combined market capitalization of Nvidia, Google, Microsoft, and Apple approaching $17 trillion in a separate report. His commentary tracks both debt levels and the rise of dominant market players.