Government Debt Hits Record $35 Trillion, But Here's Why You Shouldn't Panic
A shocking new report reveals that total government debt across major economies has surpassed $35 trillion for the first time in history, sparking widespread panic on social media. Viral posts claim this means immediate economic collapse, but experts say the real story is more nuanced. While the debt figure is real, central banks have quietly started restructuring repayment terms, effectively freezing interest rates for the next decade. This means the immediate threat of default is off the table, though long-term inflation risks remain real. The viral rumors about imminent hyperinflation are fake—for now.