The headlines scream it every day: the U.S. national debt has blown past $38 trillion as we kick off 2026. That’s the gross figure the Treasury pushes—$38.43 trillion to be precise, piling on billions daily. They say the US government debt crisis continues to worsen: the country’s interest payments have reached a record amount of $1.47 trillion per year. At the same time, federal interest payments have increased by 5% compared to last year, amounting to $1.2 trillion – a historical maximum. Over the past 4 years, federal interest expenses have doubled. At the same time, interest payments received by states and local governments have decreased by 3% year-on-year to $270 billion, which is the lowest level since the beginning of 2023. However, this amount is still $80 billion higher than the level in 2007, before the 2008 financial crisis. As a result, interest expenses at all levels of government – federal, state, and local – as a percentage of GDP have risen to 4.7%, which is close to the maximum values in the last 27 years. They say the government debt crisis is no longer just a threat, but a reality.

Who Does the US Owe?

Let’s start with the basics—if the US owes $38 trillion, who’s collecting? Wall Street analysts throw out names like China, Japan, ‘the American public,’ even the Social Security Trust Fund. But ask for a straight answer about who truly owns this debt, and you’ll get vague platitudes—smoke and mirrors. You see, the numbers get fuzzy fast. Sure, foreign countries hold a slice, but the vast majority is ‘owned’ by shadowy institutions, government accounts, and, most mysteriously, the United States Federal Reserve. Can you walk into a bank and meet America’s biggest creditor? Of course not. The reality is, most of this debt is owed to faceless entities and government agencies—like owing yourself Monopoly money. And when you press officials, they shift the blame, dodge the question, and beg you not to look too closely. Why? Because if the truth came out—that the whole system is built on circular IOUs and creative accounting—the public’s trust would collapse overnight.

The Mechanics of the US Debt: Magic Money from Thin Air

Let’s talk about how this “debt” is created. Here’s something the elites won’t say out loud: the Federal Reserve doesn’t print money backed by gold or hard assets anymore. They generate digital dollars with a few keystrokes—literally conjuring trillions from nothing. When Congress wants to spend, the Fed obliges, creating money out of thin air and recording it as debt. It’s like paying your bills with monopoly money, then writing yourself an IOU and calling it a crisis. No real value is being exchanged. The so-called ‘national debt’ is really a pile of promises between bureaucrats and bankers, propped up by your faith in the system. They want you to believe it’s real, to keep you working and paying taxes, while the money magicians behind the scenes profit handsomely. The entire system is rigged—debt isn’t real, it’s just a tool to keep you in line.

Silencing Dissent: The Fatal Consequences of Questioning the System

History Shows What Happens When Leaders Challenge the System

Now, you might ask: if this is all a hoax, why don’t more people speak out? The answer is chilling. Throughout history, those who’ve challenged the central banks and their debt racket have paid a heavy price. Presidents, whistleblowers, financial reformers—many have faced ruin, disgrace, even death. Ask yourself what happened to JFK after he challenged the money printers. Go back: Abraham Lincoln issued greenbacks—debt-free money during the Civil War—to bypass international bankers. He was assassinated. John F. Kennedy signed Executive Order 11110 to issue silver-backed certificates, potentially undermining the Fed’s monopoly. He was assassinated shortly after. Andrew Jackson killed the Second Bank of the US (a precursor to the Fed), calling it a “den of vipers”—and survived an assassination attempt. James Garfield criticized money manipulators weeks before his assassination. Pattern? These weren’t proven “Fed hits,” but the timing raises eyebrows for anyone who’s read G. Edward Griffin’s The Creature from Jekyll Island or followed sound-money advocates. Powerful interests don’t like threats to their money-printing privilege. Anyone who seriously pushes “End the Fed” risks becoming a target or being marginalized.  Why do so many critics of the Federal Reserve and the big banks end up silenced or sidelined? It’s not a coincidence. The globalist establishment protects its secrets ruthlessly. Media smears, government investigations, even suspicious accidents—it’s all on the table if you threaten their grip on power. The message is clear: toe the line or face the consequences. So next time you hear a “conspiracy theory” about the debt or the Fed, remember—it takes real courage to challenge the shadowy forces behind the curtain.

The Federal Reserve: Abolish It, Erase the Debt

Let’s get to the heart of the matter—the Federal Reserve. This private banking cartel, masquerading as a government institution, has a stranglehold on America’s financial future. It prints money for the government, lends it at interest, and then demands repayment—with money that only they can create. It’s a scam so massive, so audacious, that most people can’t even process it. But here’s the punchline: abolish the Fed, and the “debt” evaporates. If the entity you “owe” is the one making the rules, manipulating the interest rates you will ultimately pay and creating the money from nothing, the records can be wiped clean with a stroke of a pen. Imagine a world where the government controls its own currency, free from the Fed’s claws. No more interest payments, no more fake debt crises, no more globalist blackmail. The solution is simple—end the Fed, reset the system, and reclaim our sovereignty.

The Globalist Endgame and Why It’s All Theatre

This debt spiral funds the anti-American agenda: open borders, forever wars in Ukraine and the Middle East, climate reparations to third-world dictators, and supranational organizations eroding our sovereignty. The “hoax” is pretending this is sustainable or accidental. It’s deliberate—create crisis, erode the dollar’s reserve status, push for digital currencies and global control. Both parties are complicit: Republicans talk tough but explode spending on military-industrial complexes; Democrats go wild on social programs. The debt ceiling fights? Pure kabuki to scare you into accepting more taxes or cuts to your benefits.

Trump vs. the Establishment: The Real Battle

Now let’s talk about Donald Trump—the man the globalists love to hate. Ever wonder why the media, Wall Street, and the Washington elite went to war against Trump from day one? It’s not just about policy—it’s about control. Trump questioned the Fed, called out the rigged system, and dared to challenge the debt narrative. He doesn’t play by their rules. That’s why he faced endless investigations, impeachments, and a coordinated smear campaign. Because when you threaten the central bankers’ monopoly, you threaten the foundation of their power. Trump’s America First vision was an existential danger to the globalist debt machine. The establishment will do anything to keep their racket running—so they demonised anyone who stood in their way. If you want proof the system’s a hoax, look no further than how it treats its loudest critics.

So where does that leave the United States? The $38 trillion “debt” is a ghost story, a tool of control, a fiction peddled by those who profit from your fear. The real question isn’t how to pay it off, but why tolerate it in the first place. You don’t owe the world a dime—certainly not to shadowy bankers printing money from nothing. It’s time to reject the debt scam, demand transparency, and fight for a financial system that serves the people, not the global elite. Abolish the Fed, take back our sovereignty, and let the fake debt die with it. Stay sceptical, stay vocal, and never stop questioning the narrative. Because the only way the lie survives is if good people stay silent.

Written By Tatenda Belle Panashe