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It's no secret that the U.S. has been facing a national debt crisis, and President Trump has been laying a framework to tackle it. Trump wasted no time launching tariffs as soon as February 1st. Last week, April 2, marked 'Liberation Day,' when President Trump announced a 10% minimum tariff to apply to goods from all countries.
In facing challenges both inside and outside its control, the MAGA administration has promised tough decisions like these — which might be contributing to short-term turbulence — are a necessary medicine to heal the long-term financial health of the country, but that doesn't mean people aren't feeling "side effects" in the meantime.
In response to his tariff policies, the President said:
"Will there be some pain? Yes, maybe (and maybe not!). But we will make America great again, and it will all be worth the price that must be paid."
Additionally, Elon Musk has been leading DOGE in finding waste and making the necessary cuts. He previously warned:
"We have to reduce spending to live within our means... And, you know, that necessarily involves some temporary hardship, but it will ensure long-term [American] prosperity." - Elon Musk
This warning may be justified: The U.S. national debt reached a record $36 trillion in 2024... and Uncle Sam's yearly interest payments have now exceeded $1 trillion alone.
See why millions of Americans are turning to physical gold and silver to help protect their accounts.
And while the country can't go "bankrupt" like individuals or companies can, dangerous debt like this could force continued money printing, inflation increase, and (even more) dollar weakening. Clearly, this is a threat to Americans' savings accounts everywhere.
So the question remains: Are we really just on borrowed time? How quickly can decades of overspending and money printing be undone and their consequences reversed?
— Find out how everyday investors are diversifying with gold & silver to help protect their savings accounts (in any economy) — Click HERE to claim your FREE guide now
The Dow and S&P 500 recorded their biggest one-day losses since June 2020 on April 3, 2025. Many experts have been signalling recession warnings; could this just be the beginning? It seems there are too many factors at play, and no one knows what is coming next.
It is essential to supply yourself with education that provides insights on factors that impact your financial future.
That's why we are sharing our FREE informational guides with you today.
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