When You Owe $20 Trillion, It’s The Interest That’ll Kill You

from Daily Bail

[…] I’LL TAKE UNSUSTAINABLE FOR $200 ALEX

WATCH THIS IF YOU CARE ABOUT THE NATIONAL DEBT

1/4 Point Fed Rate Hike Added $50 Billion To Interest Cost Annually

The government’s VISA bill has gone up. Senator David Perdue breaks down the numbers.

The national debt is projected to hit $30 trillion in 2025. We currently pay close to $300 billion annually with record-low interest rates. At some point, unless we are actually Japan, rates have to rise. To be clear, we are talking about paying interest on money we have already borrowed.

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