BREAKING: Total US debt has officially crossed above 37 trillion for the first time in history. This puts total US debt up +780 billion since the debt ceiling was raised following the signing of the "One Big Beautiful Bill Act" into law on July 4th. This equates to an average rise of a whopping +22 billion per day. Last week alone, the government sold 724 billion in Treasuries through 10 auctions. The US debt crisis is worse than ever.(The Kobeissi Letter)