US government debt expected to hit $50 trillion in 2029!

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Debt is certainly important. And the debt that a nation accrues is also mighty important! We’ve been following the increasing debt of our beloved nation, the United States of America, since at least 2019──our debt is now $40.067 TRILLION and is increasing exponentially! Notice this from MSN ──

The US national debt is about to reach $40 trillion milestone — and it’s likely to hit $50 trillion soon

In the coming days the U.S. national debt is set to breach $40 trillion for the first time.

Soberingly, Bank of America’s chief equity strategist, Michael Hartnett. predicts that the next milestone, $50 trillion, will be reached in July 2029.

(https://www.msn.com/en-us/money/economy/ar-AA2a79gF).

Well, the $40 TRILLION mark was struck last Wednesday! It is currently, at the time of this writing, $40,067,740,303,766.

Also, notice this from the INTERNATIONAL MAN by Nick Giambruno ──

Debt can topple even the most powerful empires.

Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline.

The typical pattern in these examples of collapsing empires is:

Stage #1: Empires achieve success and become overconfident.

Stage #2: Overconfidence leads to extravagant spending on luxuries and wars.

Stage #3: Empires finance this lavish spending by going into debt.

Stage #4: The debt grows to an unsustainable level and creates a crushing burden.

Stage #5: Empires finance the debt through taxation and currency debasement.

Stage #6: The populace bears the brunt of debt repayment as empires raise taxes and debase the currency—to the maximum extent—until it causes internal instability.

Stage #7: Empires cannot finance their militaries because of their debt burden. This is usually the tipping point.

Stage #8: Underfunded militaries plus internal instability make empires vulnerable to foreign invasion, domestic revolution, civil war, and other existential dangers.

Stage #9: The empire collapses.

(https://internationalman.com/articles/the-looming-debt-crisis-is-america-following-the-path-of-collapsed-empires/).

Of these 9 example stages, what stage do you think the U.S. is at? Sadly, our debt continues to rise. And this should not come as any surprise──because it is consistent with several of our LORD God’s biblical prophecies.

The United States of America’s massive debt will aid in her demise──mentioned in Stage #8 above.

There is coming a time, according to the LORD God’s living prophecies, when the nations of the world will no longer accept the pledges (i.e., US Treasury Bills & Notes) of the indebted one ──

“Then the LORD answered me and said:

‘Write the vision And make it plain on tablets, That he may run who reads it. 3) For the vision is yet FOR AN APPOINTED TIME; But at the end it will speak, And it will not lie. Though it tarries, wait for it; Because it will surely come. It will not tarry. …

6) Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his──how long? And to him who loads himself with many pledges’?

7) Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8) Because you have plundered many nations, And the remnant of the people shall plunder you, Because of men’s blood And the violence of the land and the city, And of all who dwell in it.’” – Habakkuk 2:2-3, 6-8.

The Prophet Habakkuk likely put this to pen between 610 and 605 BC, after Nineveh fell and before Babylon’s first siege of Jerusalem, speaking from Judah’s troubled streets. Here in Chapter 2, the LORD answers his complaint, urging him to write his vision clearly and deliver a FIVE “Woe” oracle against greed, violence, drunkenness and idolatry, with the glorious words, “But the just shall live by his faith” ── urging us to trust in the LORD God’s ultimate judgment. This prophecy is aimed at the people of JUDAH and JERUSALEM, warning them about, originally, the coming Babylonian siege and their ultimate imprisonment.

However, we should pay close attention to the fact that the above prophecy is a prophecy for “AN APPOINTED TIME”! Essentially for the prophesied ‘great tribulation’ spoken of by our Lord Jesus Christ (Matthew 24:15-22). Now, the United States of America has been accumulating “pledges” in the form of US Treasury bonds & notes and is THE MOST INDEBTED NATION IN WORLD HISTORY! Far exceeding any other country’s dollar amount. By raw dollars, it dwarfs China, Japan, the UK, and France combined! The US is a descendant of ISRAEL.

The LORD God tells us that it will be so terrible that people should run who reads it. In other words, they should seriously take heed and take appropriate steps.

Foreign creditors are going to rise up! Many foreign creditors have actually reduced their holdings of US debt ──

August 19, 2026

Foreign Buying of US Treasuries Just Fell 88% in a Single Month

If you were to head to Bloomberg, CNBC, or Yahoo Finance this morning and see virtually all green across the board in US markets, you wouldn’t think it’s a sad day for America.

And yet, despite stocks being up and investors positively effervescent, it is indeed a sad day, because today marks the first real capitulation by the Treasury Department.

Stocks are up because the Treasury Department announced this morning that it will double repurchases of long-dated government bonds. If that sounds boring and mundane, it’s not.

For the past several weeks, Treasury yields have been skyrocketing. Our readers won’t be surprised by this— we’ve been predicting this and telling the story for quite some time.

In short, the bond market is rapidly losing confidence in America. And that’s especially true for foreign governments and central banks. …

At peak (in 2011), foreigners owned nearly half of all marketable US Treasury bonds. Fifteen years later they hold less than a third, and that proportion is sliding quickly.

Earlier this week the Treasury Department reported that foreigners continue to trim their holdings of US government bonds. In fact, so far this year, foreigners have only purchased 7% of net US debt issuance. In June, their purchases of Treasury bonds and notes fell 88% in a single month, and once you add in the Treasury bills they sold, foreigners were net SELLERS of US government debt.

(https://www.schiffsovereign.com/trends/foreign-buying-of-us-treasuries-just-fell-88-in-a-single-month-155645/).

Now, despite this sell-off, which shows less confidence in the finances of the US, many foreigners and foreign governments are parking much of their money in the US stock market──so there is a lot owed to foreigners. Yet, the US debt will worsen consistent with this prophecy given to the Prophet Habakkuk for “AN APPOINTED TIME.”

God’s living word clearly warns that an indebted people will be destroyed by people whose language they do not understand ──

“’ The [foreigner] who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44) He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45) Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed, because you DID NOT obey the voice of the LORD your God, to keep His commandments and His statutes which He commanded you.’ …

47) ‘Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48) therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you.

49) The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50) a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51) And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you.’

52) ‘They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you.’” – Deuteronomy 28:43-45, 47-52.

Sadly, most people will not believe, but what once was, will be again (Ecclesiastes 1:9).

But how can this happen to the strong and mighty United States of America? The Prophet Habakkuk’s dire “Woe to him who increases What is not his──how long?” echoes TODAY’s rising US debt, a form of unjust gain that the LORD God says will face judgment.

A full US dollar collapse would trigger severe economic turmoil──hyperinflation and soaring prices. Notice Stage #6 above! But, of course, experts tell us that an outright foreign invasion is unlikely. We must note: A foreign invasion has already occurred when the Biden Administration allowed some 8–10 million “foreigners” at the border during “Crooked Joe's” term through 2024.

Rising debt can squeeze defense budgets, forcing cuts to programs such as shipbuilding and military modernization and weaponry. Interest payments already eat up about 0.87 cents of every defense dollar, limiting future upgrades. 1

With our tremendously high debt, we must consider such travesties and devastations such as the August 2005 Hurricane Katrina, which caused some estimated $125 billion (Adjusted for today’s estimated inflation, $129 billion in 2005 is about $195.5 billion now)! Or what about the devastating January 2025 Southern California wildfires──with an economic impact of … According to JPMorgan Chase estimates published on January 9, the insured losses from the fires were projected to exceed $20 billion! 2

With such high debt, the United States of America is at grave risk!

Sadly, the US will ultimately not recover from her increasing debt, despite many people saying otherwise. □

1 Rivers, H., The Defense Spending Tsunami Nobody Can Afford to Ignore, AInvest, 16 Aug 2026.

2 Wikipedia contributors. "January 2025 Southern California wildfires." Wikipedia, The Free Encyclopedia, 21 Aug. 2026. Web. 24 Aug. 2026.