U.S. debt is so massive, interest costs alone are now $3 billion a day

https://fortune.com/2024/09/07/us-debt-crisis-daily-interest-expense-3-billion-fed-rate-cuts/

by FUSeekMe69

1 comment
  1. Having high debt is fine as long as GDP grows with it. When you start to getting worried is when the debt to GDP ratio starts expanding. The US D/GDP ratio jumped during Covid because of all the money printing and stimulus bills, but has actually decreased by about 8% since the Covid high.

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