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America is facing a debt crisis that liberal politicians refuse to address. Bond yields are skyrocketing across the globe as investors lose faith in government spending. The 30-year Treasury yield is nearly at 5 percent, the highest we’ve seen all year.
This isn’t just happening here at home. Countries like Britain and France are seeing their borrowing costs explode too. British bonds hit their highest levels since 1998, while French debt costs haven’t been this bad since 2009.
Smart money is running scared from government bonds and pouring into gold instead. Gold just hit a record high of over $3,500 an ounce. When investors choose shiny metal over government promises, you know we’re in trouble.
The problem is simple math that any working family understands. These governments are spending way more money than they bring in. They keep borrowing and borrowing while their economies can’t grow fast enough to pay the bills.
For years, economists have warned about this day coming. Countries have been living beyond their means like spoiled teenagers with daddy’s credit card. Now the bill is coming due and taxpayers will foot the cost.
This mess didn’t happen overnight. Decades of big government spending and socialist policies created this disaster. Politicians promised free everything while sticking future generations with the tab.
Hard-working Americans who balance their own budgets are about to pay the price. Higher borrowing costs mean higher mortgage rates, credit card rates, and business loans. Your family budget just got harder to manage.
The only solution is what conservatives have preached for years. Cut spending, shrink government, and stop the endless borrowing spree. America needs leaders who understand that government should live within its means, not politicians who think money grows on trees.
