Words & Numbers

Episode 381: $1 Trillion in Interest

Informações:

Synopsis

The annual gross interest on the debt exceeded $1 trillion for the first time in history. Years ago, we warned that the combination of on-going deficits and inevitably higher interest rates would give us exactly what we have now. Foolishness of the Week: 08:16 Main episode: 09:31 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://en.wikipedia.org/wiki/Jared_Bernstein https://youtu.be/p5qTFd6PJ0k?si=iB2LjscjaCQW4nk3&t=216 https://x.com/walterolson/status/1792007573463261516/photo/1 Foolishness of the Week https://www.live5news.com/2024/05/17/man-is-moving-his-entire-house-12-feet-comply-with-zoning-rules/ Topic of the Week https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/ Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stor