With the United States’ national debt now topping $40 trillion, Peter and Charlie discuss how we got here, whether we can grow our way out of it, what an actual debt crisis would look like and more. Plus, get their take on whether a U.S. debt crisis is a signal or just noise.
The $40 Trillion Question
Published on August 27, 2026
Charlie Bilello
Chief Market Strategist
Chief Market Strategist
Peter Mallouk
President & CEO
President & CEO
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