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REVEALED: Best Investment During Inflation

The United States Treasury is facing a major issue that needs to be addressed urgently. If it is not addressed soon, it could result in a severe economic crash that would be detrimental not only to the US but to the global economy as well. Lyn Alden, a renowned financial analyst, has been sounding the alarm bells about this issue and is urging the Treasury to take swift action.

The issue in question is the massive increase in the US national debt. In 2020 alone, the US added $3.3 trillion to its national debt, bringing the total to approximately $28 trillion. This level of debt is unsustainable, and if it continues to increase at this rate, it could have disastrous consequences for the US economy.

Alden points out that the US Treasury has been able to manage this debt so far due to historically low-interest rates. However, she warns that this situation is not sustainable, and the Treasury needs to take urgent action to address the issue of the national debt. She suggests that the Treasury needs to take the following steps:

1. Implement austerity measures: The Treasury needs to cut back on government spending to reduce the deficit. This could involve cutting back on programs that are not essential and reducing the size of the government.

2. Increase revenue: The Treasury could increase revenue by raising taxes, implementing new taxes, or reducing tax breaks for corporations and the wealthy.

3. Address entitlement programs: The Treasury needs to address the issue of entitlement programs such as Social Security and Medicare, which are expected to become insolvent in the near future. This could involve increasing the retirement age, reducing benefits, or finding new ways to finance these programs.

4. Address the issue of the US dollar’s role as the global reserve currency: The US dollar’s status as the global reserve currency has allowed the US to borrow at low-interest rates. However, this status is not guaranteed, and other countries like China and Russia are seeking to challenge the US dollar’s dominance. The Treasury needs to address this issue to ensure that the US continues to enjoy favorable borrowing rates.

In conclusion, the US Treasury needs to take swift action to address the issue of the national debt. If it fails to do so, the consequences could be severe, and the US economy could experience a significant crash. Lyn Alden’s warnings should not be ignored, and the Treasury must act now to prevent a crisis.