Interest expense on US Federal debt is now at a record $3 billion PER DAY. (This is TRIPLE the amount paid 10 years ago and has DOUBLED in just 2.5 years) September 6, 2024 9:33 pm
Hey Big Spender! US Gov’t Pays $3 BILLION In Interest Per Day (Federal Unfunded Liabilities At $219 Trillion While Total US Assets At $213 Trillion) September 3, 2024 8:29 pm
Americans are tapped out and interest rates are high. The only surprise is that the pullback took so long. August 21, 2024 9:48 pm
BOJ Research Notes Indicate Interest Rate Hike Is Still on Table – Bloomberg… Yen Carry Trade Unwind Has Just Started? August 21, 2024 11:19 am
Economic Vertigo! US Interest Payments Expected To Keep Rising Under Marxist Harris (And Why The Fed MUST Try To Lower Interest Rates) August 21, 2024 10:24 am
Interest rate cut alone won’t solve the housing crisis, says Moody’s economist. August 14, 2024 2:17 pm
IMF warns persistent inflation may lead to prolonged high interest rates, escalating global fiscal and financial risks. August 14, 2024 11:48 am
Inflation falls to 2.9%, lower than expectations. Consumer price growth has slowed to its lowest levels in the post-pandemic period. The first interest rate cuts since 2020 should come in September. August 14, 2024 12:08 pmAugust 14, 2024 11:36 am
Compounding interest is defeating the US military & compounding interest is undefeated v. hegemons. August 8, 2024 12:51 pm
Not only did existing home sales continue to collapse with lower interest rates, they’re now collapsing FASTER August 7, 2024 2:08 pm
Biden/Harrisnomics In One Chart! Treasury Interest Outlays Exceed Entire Defense Outlays (Medicare And Social Security Lead Government Outlays) August 2, 2024 7:38 am
An interest rate cut right now won’t save them. There’s a lag effect in both directions. A hard landing is baked in. Americans worry more now than during the Great Recession July 25, 2024 12:00 pm
Interest on U.S. debt to hit $1.14 trillion, consuming 76% of income taxes this year. July 22, 2024 1:45 pm
US Spent A Record $140 Billion On Debt Interest In June. On a 12 month basis, that is on pace for over $1.6 trillion July 11, 2024 9:07 pm
Record U.S. household debt, rising credit card delinquencies, and highest non-mortgage interest payments since 2008. July 10, 2024 9:51 amJuly 10, 2024 9:19 am
June 2024 marked the first time in 44 months that no global central bank hiked interest rates. July 8, 2024 6:18 pm
US government spending soared to $6.5 trillion in May; deficit hits $1.7 trillion—6.2% of GDP. Interest payments absorb 57% of revenues July 7, 2024 9:34 pm
Toronto police fail to arrest naked men at ‘Pride Parade’ because it wasn’t in the public’s ‘interest’ – Depravity July 5, 2024 9:58 am
With courts blocking Biden’s student loan plans to cancel debt, the Feds have paused payments and interest. July 2, 2024 2:37 pm
Overleveraged debt crisis looms, defaults imminent as high interest rates persist. July 1, 2024 11:17 pm
Soaring interest on $1.06 trillion debt, rising rates, uncontrolled spending—economic catastrophe looms. June 14, 2024 9:14 pm