September 20, 2023
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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