Brian on Nostr: The 1 year US Treasury is now above 5%. The growing interest expense as a percentage ...
The 1 year US Treasury is now above 5%. The growing interest expense as a percentage of the total government budget is going to be crippling. This is what a debt spiral looks like. Gonna have to print more to pay that higher coupon. Rinse & repeat.
Published at
2023-02-17 19:06:16Event JSON
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