Renowned economist Peter Schiff has issued a stark warning regarding the trajectory of the United States’ financial health as the total federal debt has officially surged to a record $39.4 trillion. Commenting on the rising interest rates on the multi-trillion-dollar national debt, Schiff cautioned that the country is rapidly “nearing $40 trillion” in gross liabilities, a milestone that macro-analysts warn could arrive years ahead of initial projections. [...]