Annual Interest On The US National Debt Exceeds 1 Trillion Dollars

Sharing is Caring!

This amounts to a doubling of interest costs over the past 19 months, according to Bloomberg. It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022.

https://www.breitbart.com/economy/2023/11/07/bloomberg-u-s-debt-interest-bill-soars-past-1-trillion-a-year/

This is based on the current book debt of $33+ trillion. It doesn’t reflect the $211+ trillion in unfunded liabilities.

See also  The bond markets in Japan, UK, and EU are not discounting higher growth—rather, they’re reflecting caution and risk aversion. Retesting the 45-year-old channel could lead to Japan selling dollars, triggering capital outflow from US equities.

(lower right)


https://www.usdebtclock.org/#

Make no mistake, this is the final stage of the FED going bankrupt.

Just about 2 months ago, the unfunded liabilities was $180+ trillion. Now it’s over $211+ trillion.

See also  US debt balloons by $1 trillion every 100 days; "Bidenomics" stokes inflation. Gold shows bullish breakout; $2,790 level key for further upside.

That’s a $30+ trillion increase in a couple months.

Prepare, the fed collapse is near. 6-12 months.

https://broward.ghost.io/2023/08/10/1-6-trillion/

How i estimated it.

There’s also $1 trillion in new borrowing, separate
from interest payments so we should see a $3 trillion
deficit in 2025.


235 views