Browse Stacks: Government: Federal: interest expenditures.jpg (760×540)
interest expenditures.jpg (760×540)
As the following chart shows, US government Interest Payments are already rising rapidly, and just hit an all time high in Q1 2018.
Borrowing money to pay the interest on massive amounts of ever increasing debt that can never be repaid sounds like a great business plan to me!
That's why they invented defaults to 'balance' the books.
Good, Baywolf, 'cuz that's the whole premise of the Central Bank/Modern Monetary Theory paradigm. We all white rats . . .