US federal government debt now higher than annual GDP–could this be consistent with a prophesied curse and a destruction prophecy?


Charles Ponzi in 1920 (Wikipedia)

COGwriter

The USA continues to increase its official debt. So much so it exceed it annual GDP:

US National Debt Exceeds Size of Economy for 1st Time Since End of World War II – Reports

1 May 2026

The US national debt exceeded the size of the country’s economy at the end of March for the first time since the end of World War II, Fox Business reported, citing data released by the Bureau of Economic Analysis.
The Bureau reportedly estimated on Thursday that the national debt held by public amounted to $31.27 trillion as of March 31. GDP at that time was estimated at $31.22 trillion, meaning the US national debt exceeded 100% of the country’s economy. Last time such a situation was observed in 1946, when the percentage of public debt to GDP was 106%, the report read. On Thursday, Fitch Ratings suggested that US national debt, under its baseline scenario, would exceed 120% of GDP no later than 2027. The US public debt-to-GDP ratio was 116.6% in 2025, will reach 119.3% this year, and will increase to 122.2% in 2027, the agency estimated. https://sputnikglobe.com/20260501/us-national-debt-exceeds-size-of-economy-for-1st-time-since-end-of-world-war-ii–reports-1124071645.html

Notice also the following:

US national debt is now bigger than the economy for first time since World War II

Lawmakers urged to ‘stop the bleeding’ and put the country on a more sustainable fiscal path

1 May 2026

The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed.

Figures released by the Bureau of Economic Analysis Thursday place the total debt held by the American public at $31.27 trillion as of March 31.

Meanwhile, the country’s nominal gross domestic product was estimated at $31.22 trillion, meaning the national debt as a percentage of GDP stands at 100.2 percent, putting it on course to challenge the historic 106 percent recorded in 1946 during demobilization. …

The U.S. government is currently spending $1.33 for every dollar it collects in revenue and is facing a budget deficit projected at $1.9 trillion this year, according to The Wall Street Journal.

However, President Donald Trump has continued to insist that all is well, responding to Thursday’s mixed first-quarter economic outlook from the Commerce Department by saying: “More people are working right now than at any time in the history of our country.

Sadly, the debt continues to rise.

That is not unexpected–and is consistent with various prophecies.

In my January 2025 free eBook, Unintended Consequences and Donald Trump’s Presidency, I warned:

Official USA debt will rise in Donald Trump’s second term in office. (p. 37)

While many see no real problem with debt, and actually think it is highly beneficial, consider the following:

October 23, 2025

Debt is the lifeblood of empire — until it becomes the disease. https://dailyreckoning.com/america-is-starting-to-look-like-her-mother/

Debt will end in disaster for the USA.

In 2021, Asia Times reported the following:

The great federal-debt Ponzi scheme

July 5, 2021

As long as the Fed is willing (and the market allows it) to buy arbitrarily large amounts of government debt, the price of US government debt is whatever the Fed says it is. It’s like the pump part of a pump-and-dump scheme in the stock market, except without the benefit of an exit strategy.

This Ponzi game can continue until inflation rises to the point where investors flee the Treasury market, yields soar and the economy falls back into recession. If the Fed and Treasury are willing to stake the credit of the United States of America on this game, it can last for a while. No matter how big a player you are, though, no one will take your marker at the craps table forever.

Without exaggeration, the US federal debt market is the most manipulated market of importance in the world at this writing. …

I examined seven important categories of “core” inflation (leaving aside energy and food prices): shelter, medical care, new cars, used cars, durable goods, nondurable goods, and urban transportation. The “breadth” index is simply the number of those indices where inflation is two standard deviations above the twenty-year mean, and the present score is six out of seven. The “surprise” index is the average of the standard deviation of each component relative to the mean: on average, year-on-year inflation of these components is four standard deviations above the mean. In other words, we have the highest and broadest-based inflation in twenty years.

There’s nothing transitory about this. On the contrary, inflation will get worse, as the bubble in home prices feeds into consumer inflation. The median US home price at sale rose 23% year-on-year as of May, according to the National Association of Realtors. https://asiatimes.com/2021/07/the-great-federal-debt-ponzi-scheme/

Yes, despite its size and impact on the world economy, the USA cannot continue to indefinitely do what it has been doing regarding debt and financial manipulation.

As of 29 April 2026, the amount of official federal USA debt is now $38,952,075,248,701.65. And, yes, inflation has gotten worse since that 2021 article came out.

As far as being a ‘Ponzi’ scheme by the US Treasury, here is information about Charles Ponzi:

Charles Ponzi (/ˈpɒnzi/, Italian: [ˈpontsi]; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 15, 1949) was an Italian swindler and con artist in the U.S. and Canada. His aliases include Charles Ponci, Carlo, and Charles P. Bianchi.[1] Born and raised in Italy, he became known in the early 1920s as a swindler in North America for his money-making scheme. He promised clients a 50% profit within 45 days or 100% profit within 90 days, by buying discounted postal reply coupons in other countries and redeeming them at face value in the U.S. as a form of arbitrage.[1]:1[2] In reality, Ponzi was paying earlier investors using the investments of later investors. While this type of fraudulent investment scheme was not originally invented by Ponzi, it became so identified with him that it now is referred to as a “Ponzi scheme.” His scheme ran for over a year before it collapsed, costing his “investors” $20 million (inflation adjusted to $250 million as of 2020). (Charles Ponzi. Wikipedia, accessed 07/05/21)

Basically, a Ponzi scheme is to pretend something is more valuable than it is in order to con others to support it financially.

The US Social Security Administration has long been a classic Ponzi scheme as it was based on the assumption that there would be enough others to keep it going. Notice:

Surplus vs. shortfall

Since the 1980s, the money coming in had been more than enough to cover Social Security’s expenses. That changed in 2021, when a long-predicted event occurred: The tide turned, and Social Security expenses exceeded income by about $41 billion. To close the gap, the trustees began tapping the pool of reserve funds (which is finite).

Given that the shortfall is projected to continue—i.e., expenses will keep outpacing income if there’s no intervention—the $2.8 trillion surplus, held in Treasury bonds, will be spent by about 2033. … Starting about 2033, if nothing is done, Social Security will only be able to pay about 79% of benefits. https://www.britannica.com/money/will-social-security-run-out accessed 05/01/26

With Treasury manipulation and military power, along with corruption in international governments, the USA has been able to pull this off for Social Security as well as other federal spending a lot longer than Charles Ponzi could.

The massive debt of the USA was prophesied over 2400 years ago.

And the time will come, according to Bible prophecy, when the nations of the world will no longer accept the pledges (US Treasury Bills and Notes) of the indebted one:

2 Then the Lord answered me and said:

“Write the vision
And make it plain on tablets,
That he may run who reads it.
3 For the vision is yet for an appointed time;
But at the end it will speak, and it will not lie.
Though it tarries, wait for it;
Because it will surely come,
It will not tarry. (Habakkuk 2:2-3)

6 “Will not all these take up a proverb against him,
And a taunting riddle against him, and say,
‘Woe to him who increases
What is not his — how long?
And to him who loads himself with many pledges’?
7 Will not your creditors rise up suddenly?
Will they not awaken who oppress you?
And you will become their booty.
8 Because you have plundered many nations,
All the remnant of the people shall plunder you,
Because of men’s blood
And the violence of the land and the city,
And of all who dwell in it. (Habakkuk 2:6-8).

Please pay attention to the fact that that above is a prophecy for the appointed time of the end–essentially the time of the Great Tribulation (Matthew 24:21). The USA has been accumulating pledges in the form of US Treasury bonds and notes, and is the most indebted nation of all time. It is descendants of Israel, like the USA, that are prophesied to have debt issues with foreigners if they turn from God’s laws (cf. Deuteronomy 28:43-44)–that is consistent with Habakkuk 2:6-8. The above prophecy is NOT a reference to the nation calling itself Israel as it has nothing compared to USA debt.

Notice that the prophecy in Habakkuk says what will happen is so bad, that people should run who read it. That is, they should seriously consider what this means and take the appropriate steps.

Foreign creditors will rise up.

In 2026, the Continuing Church of God put out this sermon on its ContinuingCOG channel:

1:16:45

Habakkuk: Faith, USA’s End, & Jesus’ Return

In this sermon video, Dr. Thiel goes over each and every verse of the Book of Habakkuk. He also quotes other supportive verses in the Old and New Testaments, certain Church of God writings, and even the Dead Sea Scroll’s ‘Commentary on Habakkuk.’ He spends time on the background of Habakkuk, how to live by faith, and prophetic matters. He explains why he believes that Habakkuk 2:2-8 is related to the coming destruction of the USA by creditors, why that is not a reference to the end of end-time Chaldean /Babylon, and that Habakkuk 2:9-17 is referring to peoples and a different time period than the earlier portion of the chapter (which relates to the beginning of the appointed time of the end). Scriptures related to the destruction of the European ‘daughter of Babylon’ by a Russian-led, Asian multi-national force, as well as the return of Jesus are cited.

Here is a link to the sermon: Habakkuk: Faith, USA’s End, & Jesus’ Return.

The Bible clearly warns that an indebted people will be destroyed by people whose language that they do not understand, and that the destruction will be fairly total:

43 The alien who is among you shall rise higher and higher above you, and you shall come down lower and lower. 44 He shall lend to you, but you shall not lend to him; he shall be the head, and you shall be the tail. 45 Moreover all these curses shall come upon you and pursue and overtake you, until you are destroyed…47 “Because you did not serve the LORD your God with joy and gladness of heart, for the abundance of everything, 48 therefore you shall serve your enemies, whom the LORD will send against you, in hunger, in thirst, in nakedness, and in need of everything; and He will put a yoke of iron on your neck until He has destroyed you. 49 The LORD will bring a nation against you from afar, from the end of the earth, as swift as the eagle flies, a nation whose language you will not understand, 50 a nation of fierce countenance, which does not respect the elderly nor show favor to the young. 51 And they shall eat the increase of your livestock and the produce of your land, until you are destroyed; they shall not leave you grain or new wine or oil, or the increase of your cattle or the offspring of your flocks, until they have destroyed you. 52 They shall besiege you at all your gates until your high and fortified walls, in which you trust, come down throughout all your land; and they shall besiege you at all your gates throughout all your land which the LORD your God has given you (Deuteronomy 28:43-45,47-52).

7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)

13 And the Lord said, “Because they have forsaken My law which I set before them, and have not obeyed My voice, nor walked according to it, 14 but they have walked according to the dictates of their own hearts…16 I will scatter them also among the Gentiles, whom neither they nor their fathers have known. And I will send a sword after them until I have consumed them.” (Jeremiah 9:13,14a,16)

12 One-third of you shall die of the pestilence, and be consumed with famine in your midst; and one-third shall fall by the sword all around you; and I will scatter another third to all the winds, and I will draw out a sword after them. (Ezekiel 5:12)

Most will not believe, but that was expected:

6 “Don’t say such things,” the people respond. “Don’t prophesy like that. Such disasters will never come our way!” (Micah 2:6, New Living Translation)

16 … You say, ‘Do not prophesy against Israel, And do not spout against the house of Isaac.’ (Amos 7:16)

People will not want to hear! See also Preparing for the ‘Short Work’ and The Famine of the Word.

In my January 2025 free eBook, Unintended Consequences and Donald Trump’s Presidency, I warned:

Like many politicians, Donald Trump does not meet the following:

21 Moreover you shall select from all the people able men, such as fear God, men of truth, hating covetousness; (Exodus 18:21)

3 The God of Israel said, The Rock of Israel spoke to me: ‘He who rules over men must be just, Ruling in the fear of God. (2 Samuel 23:3)

This does not bode well for the USA

Furthermore, the Bible warns against the type of moral decline that is occurring in the USA:

12 Therefore thus says the Holy One of Israel:  “Because you despise this word, And trust in oppression and perversity, And rely on them,  13 Therefore this iniquity shall be to you Like a breach ready to fall, A bulge in a high wall, Whose breaking comes suddenly, in an instant. (Isaiah 30:12-13)

But how can this happen to the USA?  It will likely happen with a combination of events. Notice:

5 “Moreover the multitude of your foes Shall be like fine dust, And the multitude of the terrible ones Like chaff that passes away; Yes, it shall be in an instant, suddenly. 6 You will be punished by the Lord of hosts With thunder and earthquake and great noise, With storm and tempest And the flame of devouring fire. (Isaiah 29:5-6)

The debt situation of the USA is putting it at risk of being unable to recover should it be hit by weather problems, terrorist acts, war, riots, solar flares, severe earthquakes, civil unrest, devastation of its genetically-modified food supplies, food shortages, and/or various pestilences–. A combination of these events would lead to an intensity of “sorrows” such as Jesus discussed in Matthew 24:4-8, leading up to the time of the Great Tribulation. Political issues, climate change, trade policies, communication’s deals, and other events are pushing the USA into a more weakened state that will someday encourage its takeover. Disasters, especially if there is an ElectroMagnetic Pulse (EMP) attack or a severe solar flare storm, devastating hurricane (s) something like a massive volcanic eruption and/or massive earthquake could be part of a so-called “perfect storm” of events that could set up the U.S.A. for destruction.

Consider the devastation of New Orleans by Hurricane Katrina, the 2025 fires in Southern California. Multiply that by other disasters. The U.S.A. is at risk. Notice, also, the following related to Dr. Michio Kaku’s assessment of Yellowstone:

Scientists assure us that one day the absolutely massive Yellowstone supervolcano will once again experience a Category 8 eruption, and if it happened today it would “literally tear the guts out of the United States of America” … “Instead of having 50 states of the Union, we would have 30 states of the Union.” [i]

A ‘perfect storm’ of disasters, internal strife, and misplaced confidences will make the U.S.A. a nation that can be defeated.

[i] Snyder M. As Yellowstone Awakens, Dr. Michio Kaku Warns That It Could “Literally Tear The Guts Out Of The United States Of America”. Economic Collapse Blog, February 2019

The ‘Ponzi’ scheme that the USA has been pulling off will not go on forever–even though politicians act like it can.

Watch also the following:

14:44 

And the Debt Goes On…

Here is a link to our video: And the Debt Goes On…

Furthermore, the Bible is clear that the USA will be taken over (cf. Daniel 11:39) and debt will be a factor per Habakkuk 2:6-8.

Do not believe in Ponzi schemes.

The USA will ultimately not recover from its debt, despite many things appearing to be “normal.”

Some items of possibly related interest may include:

The End of US Dollar Dominance Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan.
Unintended Consequences and Donald Trump’s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?  Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen? This is a free eBook.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin? A related sermon is also available: The Bible, the USA, and the King of the West.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? Do you really know what will happen to Europe and the English-speaking peoples? What about the peoples of Africa, Asia, South America, and the islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNALost tribes, prophecies, and identifications11 Tribes, 144,000, and MultitudesIsrael, Jeremiah, Tea Tephi, and British RoyaltyGentile European BeastRoyal Succession, Samaria, and PropheciesAsia, Islands, Latin America, Africa, and Armageddon;  When Will the End of the Age Come?;  Rise of the Prophesied King of the NorthChristian Persecution from the BeastWWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.