by ?U.S. Interest payment is now equal to Defense spendingAnd 30% of the debt has to be refinanced in the next 12 months at todays higher rates!!Hang on! ? pic.twitter.com/stDRMEkpSm— Mark Moss (@1MarkMoss) May 11, 2023 And Fed’s IOR policy (now at over 5% annual) providing B/mo. of additional Capital to Depository system leading to a recent all time high in Depository system Residual:Hard to imagine how the Art degree brain could see any of this as debilitating…. ?
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U.S. Interest payment is now equal to Defense spending
And 30% of the debt has to be refinanced in the next 12 months at todays higher rates!!
Hang on! ? pic.twitter.com/stDRMEkpSm
— Mark Moss (@1MarkMoss) May 11, 2023
And Fed’s IOR policy (now at over 5% annual) providing $14B/mo. of additional Capital to Depository system leading to a recent all time high in Depository system Residual:
Hard to imagine how the Art degree brain could see any of this as debilitating…. ?