US Braces for Refinancing Half its Debt in 2 Years as Interest Rates Surge to 5%

The US will need to refinance almost half of its national debt in less than 2 years. Let’s not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates.

See also Congress allegedly launders tax dollars to its friends, special interest groups, and lobbying groups, per Jamie Dimon.

The U.S. credit rating outlook was lowered from “stable” to “negative” this week by Moody’s Investors Services as another government shutdown looms.

See also Global government debt issuance hits record $504B, US interest costs explode to $17k per household

h/t theSilverVigilante