America's massive $28 trillion debt threatens its global power, echoing past empires like Rome, Spain, France, and Britain, which crumbled under similar financial strains.

America is sailing into dangerous waters of debt, with the government racking up trillions in borrowed money while the public and politicians seem strangely unfazed. Both President Biden and former President Trump have overseen massive increases in the national debt, yet there’s little concern from voters or clarity from Washington on how to reverse course. Historian Niall Ferguson warns that past empires crumbled under similar financial strain, with debt spiraling so high that interest payments now exceed what’s spent on defense. Despite this, the U.S. hasn’t hit a crisis point—yet. The question remains whether America can steer back from the brink, as it did briefly in the 1990s, or if its spending spree will lead to a reckoning that diminishes its global stature.

America is sailing into uncharted territ...