The Debt Clock Just Hit $40 Trillion

Dear Reader,

THE DEBT CLOCK JUST HIT $40 TRILLION. I have been warning about this for 30 years. Nobody listened. Now it is here.

The government is spending $7.4 trillion this year. It is collecting $5.6 trillion. That is a $1.8 trillion hole. Every single year. And Congress just left for vacation.

Inside today's issue:

• The CBO just confirmed what I told you would happen. Debt hits 175% of GDP by 2056. The dollar is not dying. It is already dead.
• The Fed is frozen. Kevin Warsh talks tough on inflation at 3.4%. Gold is already telling you the truth: $4,430 and climbing.
• My rich dad had one rule: never hold paper when governments go broke. Here is what that looks like in 2026.
• Larry Benedict says the oil market is creating unusual opportunities right now.

PBS NewsHour called it a "milestone." I call it a crime scene.

The U.S. national debt crossed $40 trillion this week. That is roughly $120,000 for every man, woman, and child in America. Your share. Whether you voted for it or not.

Here is what they are NOT measuring: the speed.

1. $34 trillion: January 2024
2. $36 trillion: November 2024
3. $40 trillion: August 2026

Four trillion dollars in under two years. That is not a budget problem. That is a controlled demolition of the currency.

The CBO confirmed this month: debt is on track for 175% of GDP by 2056. Interest payments on that debt already crossed $1 trillion a year. For the first time in history, interest outpaces defense spending. Think about that. We spend more servicing the debt than protecting the country.

Kevin Warsh took over the Fed in May. He says he has "no tolerance" for inflation. Inflation is at 3.4%. The Fed just voted 9-3 to hold rates steady again.

"No tolerance." And yet rates sit at 3.5-3.75% while prices keep climbing. There is a word for that. It is not "price stability." It is cowardice.

But here is the number nobody in Washington is talking about. The one that tells you exactly where this ends. And what history says happens to people who are not holding the right assets when it does.

But first — our friend Porter Stansberry has been tracking something that connects directly to this story. Take a look:

SPONSORED: PORTER & CO

That number is $9 trillion.

Nine trillion dollars of U.S. government debt matures in 2026. Washington has to roll it over. Right now. In a market where 10-year Treasury yields just hit their highest level since 2007.

This is the cycle I have been studying for 50 years. Rome did not fall in a day. It fell when the cost of servicing the empire exceeded what the empire could collect.

I bought my first gold in the 1970s when Nixon closed the gold window. People called me crazy then too.

Gold is at $4,430 today. Up 31% from a year ago. The dollar is being measured against what it buys. It is losing that measurement every single day.

My rich dad said it simply: when governments go broke, they do not stop spending. They print. They inflate. They tax. In that order. We are in step two right now.

The escape hatch is the same as it has always been. Gold. Silver. Real assets. Things they cannot print. The S/I quadrant will see purchasing power destroyed. The B/I quadrant owns the hard assets that hold value when the paper burns.

Congress will not fix this. The Fed will not save you. The debt clock does not lie.

To your freedom,

Robert Kiyosaki

Author, Rich Dad Poor Dad

P.S. Why filled deals don't reopen (this one did)

I have spent my career in financial publishing, and I can count on one hand the times I have seen a filled private financing reopen.

This one did not, for one reason. The demand from our readers was overwhelming, and we personally asked.

Two months of paperwork later, ten million dollars is open at the same terms as the first window.

And let me answer the question the skeptics are asking, because I am one. This is not leftover inventory. The first window filled completely, with people still trying to get in. This is a new allocation, created by regulatory amendment. Same company. Same structure. Same terms.

CLAIM YOUR SHARE OF THE 136X GOLD MINER

One third the size of the first window. First-come, first-served. When it fills, it closes.

Chris Carroll

Publisher, Kiyosaki Research