According to CoinMeta, a Financial Times reporter Robin Wigglesworth warned that the US debt crisis may have already begun and is unfolding slowly, rather than through a sudden collapse of the bond market. He pointed out that the cost of servicing US debt reached a record $1.1 trillion in fiscal year 2026, and currently, the US national debt crisis is eroding the budget rather than forcing default. Wigglesworth believes that the US may be in the early stages of a chronic debt crisis, although his level of concern about this crisis is lower than that of most people.