Elon Musk declares ‘financial emergency’: What’s behind the $35 trillion ‘time bomb’ US is said to be facing

Elon Musk warns of a “financial emergency” as U.S. government interest payments now surpass $1 trillion annually, exceeding the Defense Department budget. With the national debt at $35.7 trillion, analysts predict it could reach $36 trillion by year’s end, prompting a shift to assets like Bitcoin and gold.