Diane Kimura

The shocking statistic is that governments worldwide will spend $2 trillion annually on net interest payments in 2023.

This will drag the global economies' GDP growth as $2 tril will not be spent on roads, infrastructure, new projects, or social services for Americans.

Add to that, the hundreds of billions of bonds will mature and will be refinanced at higher rates.

Posted by: Timothy Birdnow at 10:48 AM | No Comments | Add Comment
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