WilliamL Posted March 31 Group: Royal Member Followers: 10 Topic Count: 99 Topics Per Day: 0.03 Content Count: 5,125 Content Per Day: 1.48 Reputation: 2,556 Days Won: 4 Joined: 11/06/2014 Status: Offline Birthday: 09/01/1950 Share Posted March 31 " Happy Easter! I mean Happy TRADITIONAL Easter, not a Biden weird trans celebration. " Biden and Congress (Schumer, Johnson, McConnell, etc) spend and borrow like its cottage cheese. " After hitting $1 trillion in late 2023, interest expense on US debt rose to a record $1.1 trillion in late March, and ii) while US debt is now rising at a pace of $1 trillion every 3 months, US interest expense is rising at a just as torrid $100 billion every 4 months (this interval will also shrink to three months very soon). " https://confoundedinterest.net/2024/03/31/happy-easter-us-interest-to-hit-1-6-trillion-by-year-end-making-it-the-largest-us-government-outlay-endless-wars-and-exploding-entitlements-now-over-214-trillion/ Link to comment Share on other sites More sharing options...
FJK Posted March 31 Group: Royal Member Followers: 0 Topic Count: 43 Topics Per Day: 0.10 Content Count: 3,349 Content Per Day: 7.81 Reputation: 1,305 Days Won: 1 Joined: 03/01/2023 Status: Offline Share Posted March 31 Not a problem, we can just borrow some money to pay the interest so that it doesn't interfere with our current spending plans. Link to comment Share on other sites More sharing options...
NConly Posted March 31 Group: Diamond Member Followers: 5 Topic Count: 16 Topics Per Day: 0.03 Content Count: 1,335 Content Per Day: 2.79 Reputation: 614 Days Won: 0 Joined: 01/11/2023 Status: Offline Share Posted March 31 15 minutes ago, FJK said: Not a problem, we can just borrow some money to pay the interest so that it doesn't interfere with our current spending plans. Anyone ever who is loaning this money to us. How long til they own us? Link to comment Share on other sites More sharing options...
WilliamL Posted April 4 Group: Royal Member Followers: 10 Topic Count: 99 Topics Per Day: 0.03 Content Count: 5,125 Content Per Day: 1.48 Reputation: 2,556 Days Won: 4 Joined: 11/06/2014 Status: Offline Birthday: 09/01/1950 Author Share Posted April 4 On 3/31/2024 at 3:43 PM, FJK said: Not a problem, we can just borrow some money to pay the interest so that it doesn't interfere with our current spending plans. And then we can borrow some money to pay the interest on the money we borrowed to pay the other interest. Magic! Link to comment Share on other sites More sharing options...
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