Since March 1st alone, the relentless march of debt has reached unprecedented heights, with the US piling on a staggering $10 billion in debt per day. The numbers are dizzying: $417 million every hour, $6.9 million every minute, and a jaw-dropping $115,740 every second.
But the madness doesn't stop there. As interest rate cuts become increasingly improbable, the specter of spiraling interest expenses looms large on the horizon. Analysts warn that we could be staring down the barrel of a $1.7 trillion annual interest expense within the span of a single year—a figure that boggles the mind and strains the limits of comprehension.
Poster Comment:
$1.7 trillion a year is $4,657.53 million dollars a day. All is a tax on stupidity because if we had Lincoln's non-interest bearing Greenbacks, there would be no national debt.