EU Sees Progress Toward US Trade Deal With 15% Tariffs
Jim Cramer has a harsh response to soaring debt originally appeared on TheStreet.
With U.S. national debt surpassing $38 trillion, market commentators and policymakers are responding to the rising fiscal burden.
CNBC host Jim Cramer said on air that some investors are buying Bitcoin \\"as a hedge\\" against increasing debt, pointing to his concerns about what I call the decline in the long-term fiscal health of the country for younger people.
\\"I don't want that debt. I'm worried about my kids,\\" Cramer stated during a segment on CNBC on July 23.
WATCH: Jim Cramer says he’s worried about $38T in US debt and suggests buying #Bitcoin as a hedge.#JimCramer #Hedge #USDebt $BTC pic.twitter.com/P6RwXutX2I
— Roundtable Network (@RTB_io) July 23, 2025
The comments are also being made amid a climb in U.S. Treasury yields that has shown how investors are feeling anxiety over inflation and the kind of spending from government the U.S. will experience.
As some in markets look toward digital assets as alternative stores of value, others are considering certain economic policy levers intended to stimulate productivity and investment.
The Trump administration has been talking a lot about the One Big Beautiful Bill Act (OBBBA), a big tax and spending law that lets businesses fully deduct capital expenses (CAPEX) that happened before January 2017.
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As per Fox News, Senior officials and Treasury Secretary Scott Bessent say that the provision has led to a rise in corporate investment. The Treasury Department says that capital spending went up by 16.6% in the first half of 2025. In the second quarter, the production of business equipment rose 11%, following a 23% rise in the first quarter.
The government states that this policy aligns with its tariff and trade strategy to bring manufacturing back to the U.S. and help raise wages. Officials say that this combination could help lessen the effects of long-term debt by boosting productivity and investment in the country.
At the same time, more and more investors are adding digital assets to their portfolios to spread out their risk. It is worth noting that Cramer has frequently expressed skepticism about Bitcoin in the past.
Since early 2025, Cramer has changed his stance. For example, in early 2024, Cramer said it was \\"unlikely that Bitcoin finds its footing,\\" which was a bad prediction that was quickly forgotten when BTC rose more than 150% after that.
Jim Cramer has a harsh response to soaring debt first appeared on TheStreet on Jul 23, 2025
This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared.