#US #fiscal state is everyone's issue
"US #debt now stands at $36tril, or 124% of GDP.. #America is no longer part of the elite group of ultra-safe #borrowers: countries like Germany, Switzerland & Singapore.. In 2024, #interest payments reached $881bil, making them one of the largest components of US #federalbudget, even surpassing #spending on #defence & #Medicare.. #Trump & congressional #Republicans cld unleash widespread #financial #instability"
Do the perps care?
https://www.bangkokpost.com/opinion/opinion/3036075/us-fiscal-state-is-everyones-issue
