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> plus a little bit in interest. That "little bit" in interest adds up to $1 Trillion per year. > The lie being pushed by politicians is that the debt is some
by marcusverus 3y ago
> plus a little bit in interest.
That "little bit" in interest adds up to $1 Trillion per year.
> The lie being pushed by politicians is that the debt is something to worry about.
The annual cost of servicing our debt is currently >20% of federal revenues. What happens when it's >50%? What happens when it's >100%?