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Debt servicing is now more than 16% of our spending and growing. I hope all that stuff we bought with $36T was worth it!
by declan_roberts 1y ago
Debt servicing is now more than 16% of our spending and growing.
I hope all that stuff we bought with $36T was worth it!
- JumpCrisscross 1y ago> hope all that stuff we bought with $36T was worth it No need for past tense. We’re currently in the most intense—the biggest, most beautiful, one might say—phase of deficit accumulation in American history.
- declan_roberts 1y agoThankfully we're getting all this cool stuff. You know like... actually what are we getting?
- tomrod 1y agoMore debt!
- cco 1y agoA sizeable chunk, probably around half, of what we bought with that $36T was net worth for people like Bezos and the Kochs.