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Xinhua Commentary: U.S. debt monster spirals out of control

NAMPA / Xinhua
2026-08-20
BEIJING, Aug. 20 (Xinhua) -- The gigantic U.S. federal debt has officially surpassed 40 trillion U.S. dollars on Thursday, reaching another historic high. The milestone is more than a staggering number. It is a warning about a fiscal problem that Washington has spent decades postponing. The buildup of U.S. debt resembles Frankenstein's monster -- a creation of its own making that has grown beyond its creator's control. Borrowing, once a tempor......
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WINDHOEK, 19 August 2026 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp speaking at the Iziko Museum in Cape Town, South Africa during the handing over of the remains of former Robben Island prisoners in partnership with the South African Department of Sport, Arts and Culture. (Photo: Contributed) NAMPA

WINDHOEK, 19 August 2026 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp speaking at the Iziko Museum in Cape Town, South Africa during the handing over of the remains of former Robben Island prisoners in partnership with the South African Department of Sport, Arts and Culture. (Photo: Contributed) NAMPA

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steenkamp

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OKAHANDJA, 18 July 2015 - Chief Tjinaani Maharero of the Maharero Traditional Authority and head of the Otjika-Tjamuaha Royal House. (Photo: Contributed) NAMPA.

OKAHANDJA, 18 July 2015 - Chief Tjinaani Maharero of the Maharero Traditional Authority and head of the Otjika-Tjamuaha Royal House. (Photo: Contributed) NAMPA.

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WINDHOEK, 18 August 2026 - First Gentleman Lieutenant General Epaphras Denga Ndaitwah on Tuesday launched the DEN Impact Foundation, an initiative aimed at implementing targeted programs to tackle the escalating social, educational, and mental health issues affecting boys. (Pho: Contributed) NAMPA.

WINDHOEK, 18 August 2026 - First Gentleman Lieutenant General Epaphras Denga Ndaitwah on Tuesday launched the DEN Impact Foundation, an initiative aimed at implementing targeted programs to tackle the escalating social, educational, and mental health issues affecting boys. (Pho: Contributed) NAMPA.

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WINDHOEK, 18 August 2026 - Prime Minister Elijah Ngurare speaking at the launch of DEN Impact Foundation on Tuesday in Windhoek. (Photo: Contributed) NAMPA.

WINDHOEK, 18 August 2026 - Prime Minister Elijah Ngurare speaking at the launch of DEN Impact Foundation on Tuesday in Windhoek. (Photo: Contributed) NAMPA.

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/KHOICHAS, 14 August 2026 - Namibia’s independence was a collective victory. The southern regions of Hardap and ||Karas were central to the struggle, anchored by local churches that risked everything to shelter PLAN fighters and educate the future leaders of our nation. (Photo by: Uakutura Kambaekua) NAMPA.

/KHOICHAS, 14 August 2026 - Namibia’s independence was a collective victory. The southern regions of Hardap and ||Karas were central to the struggle, anchored by local churches that risked everything to shelter PLAN fighters and educate the future leaders of our nation. (Photo by: Uakutura Kambaekua) NAMPA.

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HOACHANAS, 12 August 2026 - Historian and liberation struggle icon Markus Kooper, in collaboration with the Hoachanas community, has established a community library to preserve the history of the southern region, including the Red Clan history and past freedom struggle events. (Photo by: Uakutura Kambaekua) NAMPA.

HOACHANAS, 12 August 2026 - Historian and liberation struggle icon Markus Kooper, in collaboration with the Hoachanas community, has established a community library to preserve the history of the southern region, including the Red Clan history and past freedom struggle events. (Photo by: Uakutura Kambaekua) NAMPA.

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GIBEON, 13 August 2026 - The African Methodist Episcopal Private Community School (AMEPS) in Gibeon was a significant community-operated institution founded by the AME Church and local leaders, including Hendrik Witbooi, during the fight for freedom. It ceased operations and was integrated into the state school system in 2007. (Photo by: Uakutura Kambaekua) NAMPA.

GIBEON, 13 August 2026 - The African Methodist Episcopal Private Community School (AMEPS) in Gibeon was a significant community-operated institution founded by the AME Church and local leaders, including Hendrik Witbooi, during the fight for freedom. It ceased operations and was integrated into the state school system in 2007. (Photo by: Uakutura Kambaekua) NAMPA.

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