America's mounting national debt is setting up a painful reality for younger generations. The borrowing trajectory we're on right now? It's locking in higher interest rates, dragging down economic growth, and keeping wage growth stuck in neutral. That's not just fiscal policy talk—it's reshaping the investment landscape and fundamentally changing the wealth dynamics across age groups. When you layer rising rates onto slower growth, you get tighter purchasing power for an entire generation. For anyone thinking about long-term asset allocation, whether it's traditional markets or alternatives, this macro backdrop matters more than most realize.