GSI Banner
  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • My Account
  • Sign In
  • Join Now

  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • Contact

© 2026 Grey Swan Investment Fraternity

  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Do Not Sell or Share My Personal Information
  • Whitelist Us
Ripple Effect

America’s Just 12.3% of the Problem

Loading ...Addison Wiggin

June 27, 2025 • 2 minute, 5 second read


debtglobal debtGreat ResetUS debt

America’s Just 12.3% of the Problem

Last week, the total debt in the U.S. topped $37 trillion.

Of course, that debt doesn’t include what’s owed on transfer programs – think Social Security and Medicare. The real numbers without the accounting gimmickry are far worse.

But the U.S. isn’t alone. Surging debt levels are a global issue. Total world debt has topped $300 trillion:

Turn Your Images On

Total debt has been soaring at an unsustainable rate for nearly 30 years.

That makes America’s debt look piddling by comparison – a mere 12.3% of the total. It’s a global crisis waiting to happen.

But that’s not the issue as the Senate debates the “big, beautiful bill” ahead of the 4th of July holiday weekend.

After a spike during the pandemic,  U.S. debt-to-GDP ratio is still over 120% – and climbing again.

Historically, no country that crossed the 130%  debt-to-GDP ratio has been able to survive long enough to “grow its way out” of a debt crisis.

Therein lies the tension. The Trump Reset formula requires an extension of his first-term tax cuts, low and fair tariffs… and low interest rates.

It’s a tall order. And why he’s pushing to get economic growth on the table before the mid-term elections in November 2026. (To understand it all, we’ve prepared this research: Trump’s Great Reset).

~ Addison

The Next 9/11 Won’t Come from a Plane…

Turn On Your Images.

America is facing its greatest war threat in more than 80-years. But the next 9/11 won’t come from a plane. It’ll come from something that could wipe the entire continental U.S off the map. That’s why President Trump is secretly fast-tracking this top-secret $2.5 trillion defense initiative. It will make America untouchable. And could create generational wealth for early investors. Click here now to find out how.

P.S.: High debt is a feature of “fiat” money systems. Money printing leads to higher inflation and more money printing. Which, in turn, creates more inflation.

You get the idea. It’s a doom loop.

As you know, that’s why we like gold. Gold holds its intrinsic value in the face of inflation. You can read our report on gold’s historic rise here.

That said, with the stock market back to all-time highs and many headline fears disappearing, gold is likely to take a breather this summer… and give you a chance to buy in at a discount. Keep an eye out.

As always, your reader feedback is welcome: feedback@greyswanfraternity.com (We read all emails. Thanks in advance for your contribution.)


Debt, Demographics and the Great Race

May 15, 2026 • Addison Wiggin

Trump’s global reset tour stop in Beijing gives us a chance to step back and examine the big picture amid heightened geopolitical tensions…

Debt, Demographics and the Great Race
Treasury Bond Yields Hit 2007 Highs

May 15, 2026 • Addison Wiggin

The risk/reward equation around earnings season has shifted sharply, as downside reactions now vastly upside from positive surprises…

Treasury Bond Yields Hit 2007 Highs
XI, Warsh, Clarity, Tether and Gold

May 14, 2026 • Addison Wiggin

Xi Jinping rolled out the pageantry in Beijing, but beneath the ceremony the same hard-edged U.S.-China negotiations remain unresolved.

XI, Warsh, Clarity, Tether and Gold
Dollar 2.0 Is About to Go Into Overdrive

May 14, 2026 • Andrew Packer

The shift toward blockchain-based finance could create faster, cheaper and always-open global markets for trading tokenized assets.

Dollar 2.0 Is About to Go Into Overdrive