$32.7

The US debt crisis has escalated to $32.7 trillion, with daily interest expenses exceeding $3 billion. The new debt ceiling bill unceasingly increases debt by 2025.

With the new debt ceiling bill, the limit is UNCAPPED until 2025. Estimates show $4 trillion in debt will be added by 2025 at this rate. Meanwhile, interest expense is rising with rates. This is unsustainable. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter …

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Listen To Multi-billionaires Like Jamie Dimon And Warren Buffett. Fitch Downgraded US Debt $32.7 Trillions, Interest Payment Of $1 Trillion, Jenet Yellen Set To Borrow Another $1.8 Trillions Until The End Of The Year After Already Borrowed $1 Trillion After Deb Ceiling Suspension In May.

by Hephaestus4 Japan is selling U.S. treasuries and buy back Yen to defend its currency. This is not good for the U.S. as we go into a “doom loop”. Rates will continue to rise on the long end of the curve, which makes borrowing costs go up…which means more borrowing …

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