The debt wall is not the deficit. It is the #rollover.

captjack 🏴‍☠️✨💜

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hex

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nevent

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Kind-1 (TextNote)

2026-08-27T07:34:43Z

The debt wall is not the deficit. It is the #rollover.

Over the last 12 months 🇺🇸Treasury sold $32.3T of marketable paper.

$29.9T of that was simply replacing old paper that matured - only $2.4T was new.

That is the wall: $2.7T of auctions every month, ~93% of those auctions just rolling over to keep things in place.

Three complete years of actual (Aug–Jul windows):

• ’23–’24: $27.7T gross · $2.16T net · 92% rollover • ’24–’25: $29.8T gross · $1.56T net · 95% rollover • ’25–’26: $32.3T gross · $2.40T net · 93% rollover

It is playground of local / international banking / institutions (not retail)

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  "content": "The debt wall is not the deficit. It is the #rollover.\n\nOver the last 12 months 🇺🇸Treasury sold $32.3T of marketable paper.\n\n$29.9T of that was simply replacing old paper that matured - only $2.4T was new.\n\nThat is the wall: $2.7T of auctions every month, ~93% of those auctions just rolling over to keep things in place.\n\nThree complete years of actual (Aug–Jul windows):\n\n•  ’23–’24: $27.7T gross · $2.16T net · 92% rollover\n•  ’24–’25: $29.8T gross · $1.56T net · 95% rollover\n•  ’25–’26: $32.3T gross · $2.40T net · 93% rollover\n\nIt is playground of local / international banking / institutions (not retail)",
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