BREAKING: The US Treasury estimates net interest costs on federal debt will hit a record $890 billion in 2024.
— The Kobeissi Letter (@KobeissiLetter) June 17, 2024
This would be $331 billion higher than a year ago and almost double the amount from 2022.
To put this into perspective, net interest expenses will be ~3% of the ENTIRE… pic.twitter.com/D8lP1xKYkq
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LIE. Like all government stats. Try 1.3 Trillion.
Proverbs 22:7. KJV. Amazing how the bible proves itself over and over.
Weimar or Zimbabwe? That is the question. It’s been a long time coming. I was surprised at how long they could drag this out. It gets closer every day. And then, there are no days left.