...this is the 'bad' Goldman scenario!
Fed Rate-Hikes Will Add Trillions To National Debt
...projects interest payments will triple from nearly $400 billion in fiscal 2022 to $1.2 trillion in 2032. And it’s worse than that...
https://www.zerohedge.com/markets/fed-rate-hikes-will-add-trillions-national-debt
Poster Comment:
Those are net interest payments. The gross interest this year is over $550 billion. That $1.8 trillion in 2032 will wipe out the Social Security budget though maybe not. Clot shot is killing off elderly people around here.
