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France Is Burning (America Could Be Next)

ITM Trading's Photo
by ITM Trading
Thursday, Oct 22, 2026 - 18:00


France is burning. America is its sleeping twin.

The US runs a bigger deficit (6.2% vs. 5.4%) and hotter inflation (3.7% vs. 3.4%) than the country currently setting fire to its own streets. Total debt sits at 122% of GDP, the highest since 1946, when we at least had a world war to blame it on. Meanwhile, roughly a third of America’s “booming” growth is AI spending with no proven return (but the headlines assure us everything is fine). Central banks just logged their biggest gold haul in nearly two years. They’re also bringing their bars back home.

So why are we spending like we’re in a crisis if there isn’t one?

Follow Taylor Kenney on X. https://x.com/taylorkenneyitm

About ITM Trading:
ITM Trading has spent nearly 30 years helping clients prepare for monetary resets, inflation, and systemic risk using physical gold and silver. We focus on education, historical context, and strategies designed to protect wealth when trust in the system breaks down.

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
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