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Peter Mallouk: U.S. national debt continues to rise regardless of political party

Peter Mallouk: U.S. national debt continues to rise regardless of political party
U.S. national debt keeps rising higher

Peter Mallouk draws attention to the relentless growth of the U.S. national debt, suggesting that it keeps rising no matter which political party is in power.

He points out that both parties seem to agree on passing the financial burden to future generations, with the next milestone being $40 trillion.

Mallouk has previously noted that living modestly does not always indicate lower wealth, cautioning that outward appearances can mislead on true financial status in a recent observation. He has also argued that daily financial choices have a greater effect on long-term wealth than market events such as crashes, according to a separate commentary. These comments follow his ongoing focus on fiscal responsibility and personal finance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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