National Debt and Debt Ceiling Increases | Chart of the Week
According to Ray Dalio, when debt assets and liabilities grow at a faster rate than income, it eventually becomes impractical to satisfy lender-creditors by offering them a sufficiently high inflation-adjusted interest rate, without burdening borrower-debtors with excessively high debt service costs.
Sources: whitehouse.gov; fred.stlouisfed.org; Yhcarts; BMG Group Inc.