humblebitcoiner on Nostr: The interest expense to service outstanding debt will soon exceed $1 trillion in the ...
The interest expense to service outstanding debt will soon exceed $1 trillion in the US.
To put this into context: $1 trillion is greater than the $767 billion spent on defense in 2022, and more than double the $475 billion spent on interest expense during the same year.
Published at
2023-05-02 11:55:46Event JSON
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"content": "The interest expense to service outstanding debt will soon exceed $1 trillion in the US. \n\nTo put this into context: $1 trillion is greater than the $767 billion spent on defense in 2022, and more than double the $475 billion spent on interest expense during the same year.",
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