‘There will be a reckoning’: Goldman Sachs CEO says US debt will blow past $40T. How to shockproof your assets

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• Current U.S. debt levels are not sustainable and will eventually bite because you cannot keep borrowing money endlessly

  80% confidence

• Central banks are acquiring gold as a diversifier and it is prudent for individual investors to do the same

  80% confidence

• Aggressive fiscal stimulus has become embedded in democratic economies and cannot be easily withdrawn

  80% confidence

• US debt has grown from $7 trillion to $38 trillion since the financial crisis and will grow into the low $40 trillions through refinancing alone

  80% confidence

• The One Big Beautiful Act Bill will add over $5.5 trillion to the national debt by 2034

  80% confidence

• America is heading toward a debt death spiral where the government must borrow simply to pay interest

  80% confidence

• The US debt level is not sustainable and will eventually have negative consequences

  80% confidence

• Gold can easily rise to $10,000 per ounce in the current environment

  80% confidence

• America is heading toward a debt death spiral where government must borrow to pay interest

  80% confidence

• The One Big Beautiful Act Bill will add over $5.5 trillion to the national debt by 2034

  80% confidence

• Investors typically don't hold enough gold and should allocate 10-15% of their portfolio to gold as a diversifier

  80% confidence

• Without stronger economic growth, a painful fiscal reckoning will follow; the path out is a growth path

  80% confidence

• There is likely to be a 10-20% drawdown in equity markets sometime in the next 12-24 months

  80% confidence

• Fiscal stimulus has become embedded in democratic economies and cannot be easily withdrawn

  80% confidence

• U.S. debt has grown from $7 trillion to $38 trillion since the financial crisis and will grow into the low $40 trillions through debt refinancing alone

  80% confidence

• If foreign buyers of U.S. debt hesitate, the U.S. could see low inflation but elevated interest rates due to high deficits

  80% confidence

• US national debt over $38 trillion is rising and could erode confidence in US markets; foreign buyer hesitation could cause low inflation but elevated interest rates

  80% confidence

• Gold can easily rise to $10,000 per ounce in the current environment

  80% confidence

• If debt keeps growing, financing will shift from foreign buyers to Americans, crowding out investment and slowing growth

  80% confidence

• $100 in 2025 buys what $12.05 did in 1970, illustrating severe long-term dollar purchasing power erosion

  80% confidence

• Central banks are acquiring gold as a diversifier; individual investors should consider allocating 10-15% of portfolios to gold

  80% confidence

• Investors typically do not hold adequate gold in their portfolios; gold is an effective diversifier when bad times come

  80% confidence

• Without stronger economic growth, the U.S. will face a reckoning and the path out is a growth path

  80% confidence

• The U.S. will not default outright; instead the central bank will print money to buy debt, causing currency depreciation

  80% confidence

• There will likely be a 10-20% drawdown in equity markets sometime in the next 12 to 24 months

  80% confidence

• Growing debt will crowd out foreign buyers, shift the financing burden to Americans, crowd out investment, and slow growth

  80% confidence

• There will not be an outright default; the central bank will print money to buy debt, causing currency depreciation

  80% confidence

Cited in these Via News reports

• U.S. spending bill risks $5.5 trillion debt surge, threatens Social Security by 2032 amid global fiscal pressures →
• US Debt to Surge $5.5 Trillion by 2034 as Social Security Faces 2032 Insolvency →
• US Social Security Insolvency Date Moves to 2032 as $5.5tn Debt Bill Strains Federal Reserve →