Global Debt Hits Record $37.7 Trillion, Trump Pushes Spending Cuts

[nihalsari]

The Institute of International Finance says global debt surged to $337.7 trillion in Q2 2025. Former President Trump signed the “Big Beautiful Bill Act” in July, aimed at cutting $1.6 trillion in spending, but U.S. debt still jumped above $37 trillion. Tesla CEO Elon Musk briefly advised the Department of Government Efficiency, helping save $214 billion before his departure.

[Abdul Khan]

That debt figure is staggering. Global economies are clearly running on borrowed time.

[Nahid Hossen]

Spending cuts may slow short-term growth, but without them the debt bubble could burst.

[Rimon Khan]

$214 billion

[Couturier]

Those numbers are wild It’s crazy how global debt keeps ballooning despite all the “cost-cutting” measures. Feels like the world’s economy is running on borrowed time

[Swipe]

Insane debt levels Every quarter it feels like we’re setting new records. At some point, the compounding interest alone becomes its own economic threat

[JanEmil]

They can just print $337.7 trillion USD and get it solved

[alex10]

That number is insane. The global economy is really on thin ice right now.

[Abdul Khan]

If spending cuts actually happen, it might shake markets for months.

[Pitchfork_IS_power]

Crazy how debt just keeps climbing no matter what policies are in place At this pace, interest payments alone could become the next global crisis trigger.

[Rimon Khan]

337.3 $trilion