Top cryptocurrencies by market cap:

Bitcoin - $1.57 trillion
Ethereum - $384 billion
Tether - $123 billion
Solana - $96 billion
BNB - $91 billion
USD Coin - $37 billion
Dogecoin - $36 billion

📊 The U.S. National Debt Reaches $35 Trillion
The U.S. national debt has soared to a new milestone of $35 trillion, just halfway into 2024. This rapid increase, adding $1 trillion since January alone, has pushed the debt-to-GDP ratio to 98%. The International Monetary Fund projects that this ratio could exceed 140% by 2032 under current policies.

Despite the looming threat to U.S. fiscal sustainability, both Republican and Democratic parties show little political incentive to address the rapid pace of borrowing. This graphic, based on figures from the U.S. Department of the Treasury’s Fiscal Data website, highlights the ballooning national debt.

A New Milestone is Reached
Today, the U.S. national debt equals the combined GDP of China, Japan, Germany, India, and the United Kingdom.

Since 2020, the U.S. has added $11.8 trillion to its national debt, making up more than one-third of the current total. For perspective:

2024 YTD: $35.0T
2024: $34.0T
2023: $31.4T
2022: $29.6T
2021: $27.7T
2020: $23.2T
2019: $22.0T
2018: $20.5T
2017: $20.0T
2016: $18.9T
2015: $18.1T
2014: $17.2T
2013: $16.4T
2012: $15.2T
2011: $14.0T
2010: $12.3T
2009: $10.7T
2008: $9.2T
2007: $8.7T
2006: $8.2T
2005: $7.6T
2004: $7.0T
2003: $6.4T
2002: $5.9T
2001: $5.7T
2000: $5.8T
1999: $5.6T
1998: $5.5T
1997: $5.3T
1996: $5.0T
1995: $4.8T
1994: $4.5T
1993: $4.2T

Rising Interest Costs:
In 2024, interest costs on the national debt are forecast to reach 17% of federal spending, making it the fastest-growing expense. These costs are expected to increase further as higher interest rates drive up the cost of new borrowing.

Image: Visual Capitalist
#usdebt #nationaldebt #fiscalpolicy #economictrends #governmentspending #debtcrisis #economicoutlook #financialdata

Top Websites Ranking 2024
The digital landscape is constantly evolving, and 2024 has brought some interesting changes to the list of top websites. Here’s a look at the most visited and influential websites of the year:

1. Google - www.google.com
The go-to search engine for billions, Google continues to dominate the internet with its vast array of services, including search, email, maps, and more.

2. YouTube - www.youtube.com
As the leading platform for video content, YouTube remains a favorite for entertainment, education, and everything in between.

3. Facebook - www.facebook.com
Despite increasing competition, Facebook continues to be a top choice for social networking and connecting with friends and family.

4. Twitter - www.twitter.com
Now X, this platform continues to be a major hub for real-time news, discussions, and trends.

5. Instagram - [a][a]www.instagram.com%5B%2Fa%5D[/a]
Instagram’s focus on visual content keeps it popular among users who love sharing photos and stories.

6. Amazon - www.amazon.com
The leading e-commerce platform, Amazon is the go-to site for online shopping, offering everything from books to electronics.

7. Wikipedia - www.wikipedia.org
As the largest and most popular general reference site, Wikipedia remains a crucial resource for information on virtually any topic.

8. TikTok - www.tiktok.com
With its short-form video content, TikTok continues to captivate a global audience, particularly among younger users.

9. LinkedIn - www.linkedin.com
The premier professional networking site, LinkedIn is essential for job seekers, employers, and anyone looking to expand their professional connections.

10. Reddit - www.reddit.com
Reddit’s vast array of communities and discussions make it a key destination for those looking to dive deep into specific topics.

11. Netflix - www.netflix.com
The leading streaming service, Netflix offers a vast library of movies, TV shows, and original content.

12. Yahoo - www.yahoo.com
Yahoo remains relevant with its array of services including news, email, and finance.

13. WhatsApp - www.whatsapp.com
As a leading messaging app, WhatsApp is essential for communication in many parts of the world.

14. Baidu - www.baidu.com
China’s dominant search engine, Baidu, is a crucial player in the Chinese internet market.

15. Microsoft - www.microsoft.com
Microsoft’s range of services, from software to cloud solutions, keeps it at the forefront of the tech industry.

16. Instagram - www.instagram.com
A photo and video-sharing social networking service, Instagram has made its mark with a strong focus on visual storytelling and influencer culture.

17. Pinterest - www.pinterest.com
A visual discovery engine for finding ideas like recipes, home and style inspiration, and more.

18. Tencent QQ - www.qq.com
One of the biggest social platforms in China, QQ offers services including instant messaging, games, music, and shopping.

19. Taobao - www.taobao.com
A major online shopping website in China, known for its wide variety of products and user-friendly shopping experience.

20. Sina Weibo - www.weibo.com
Often referred to as China’s Twitter, Weibo is a microblogging site that combines social media and news features.

21. Yandex - www.yandex.com
Russia’s largest search engine, Yandex also offers a variety of other services, including email, maps, and cloud storage.

22. Snapchat - www.snapchat.com
Popular for its disappearing messages and creative photo and video filters, Snapchat continues to be a favorite among younger audiences.

23. Alibaba - www.alibaba.com
A leading platform for global wholesale trade, connecting buyers with suppliers around the world.

24. Zoom - www.zoom.us
The go-to service for video conferencing and virtual meetings, essential for remote work and online learning.

25. Twitch - www.twitch.tv
The premier live streaming platform for gamers, also featuring streams on various topics including music, art, and lifestyle.

These rankings reflect the websites that have captured the most attention and engagement in 2024. Whether you're looking for information, entertainment, or connection, these sites have proven to be the top destinations on the web.