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Twisted Eagle
? ?? ? Annualized interest expense on US Federal debt is nearing $1.1 TRILLION.

To put this in perspective, 2023 defense spending was $821 billion.

This means the US is on track to spend 34% MORE on interest expense than defense spending.

In 2023, the US government produced $4.4 trillion in revenue.

This means that 25% of receipts in the entire 2023 are equivalent to our annual interest expense.

If it looks like interest expense is moving in a straight line higher, that’s because it is.

Rising rates and falling tax revenue are both occurring at the same time.

What’s the game plan here? https://t.me/FuryRoad_Inte...
3 months ago

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