Eurasia Review on Nostr: nostr:note1wdlqqk06j7dnpzuv2txq5pkxeax3f23my77xz6dekrwzq58trmyqz2wlym

quoting note1wdl…wlym

Interest on US National Debt Surpasses Defense Spending: The Growing Burden of Debt
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#7b8e26cc ver:1.18

The US national debt has surpassed defense spending, reaching over $34 trillion. Interest on the debt is now the largest category of spending, diverting funds from essential services. The debt burden can erode investor confidence and lead to higher borrowing costs. Responsible management and international cooperation are crucial to address the challenges. The government's decision to borrow money at interest worsens the problem. Radical solutions like issuing trillion-dollar coins or implementing a financial transaction tax may be necessary. The US faces a mounting debt crisis, with the deficit projected to reach $1.9 trillion. The reliance on short-term debt and inflation control efforts pose challenges. Spending more on debt service than defense is unsustainable. Investing in great companies and diversifying with precious metals can mitigate risks. Stay informed and identify moneymaking opportunities. #NationalDebt #DebtCrisis #EconomicStability #FiscalPolicy #InvestmentStrategies...

#newstr #UsNationalDebt #DefenseSpending #InterestRates #BidenAdministration #MedicareBenefits #ShorttermBorrowing #InvestorConfidence #AlternativeProposals #PreciousMetals #MarketTrends

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