April 03, 2024

Surging Cost of US Government Debt

Buckle up, this is going to be a rough ride. Since the panic of 2020, the cost of US debt has risen dramatically. The cost in interest alone by the end of 2024 will top 1.1 trillion dollars. This will be about a quarter of all US government income. And then, in 2025 this will get worse. Things will get so bad, so swiftly, a large proportion of US government income will go in interest only. This will result in the complete collapse of the US economy. 

Have a look at the following video, the figures are there in black and white, with a nice graph:


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