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.
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.
(lower right)
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.
That’s a $30+ trillion increase in a couple months.
Prepare, the fed collapse is near. 6-12 months.
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.