September 20, 2023

Super Ponzinomics

Diane Kimura

Bidenomics should be called Ponzinomics instead.

US Treasury interest servicing costs have started to rise dramatically… increasing by roughly $10 billion every month…

At current interest rates, we are heading towards $1 trillion per year… the beginning of a vicious debt interest spiral.

YTD 2023, taxpayers have spent $800 bil in interest payments on our debt.

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Posted by: Timothy Birdnow at 10:44 AM | No Comments | Add Comment
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