Just a few weeks after we first reported that as a result of collapsing government tax receipts…
… and the resulting explosive surge in the US budget deficit, better known as “Bidenomics”, interest on US debt was projected to hit an unprecedented $1 trillion in just a few months, surpassing US defense outlays, and set to rise exponentially now that the US has crossed the Minsky moment and entered the endgame phase…
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https://www.zerohedge.com/markets/hartnett-us-debt-rise-52-billion-every-day-next-10-years
