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  1. M. GrĂ©goire (mpjgregoire@mastodon.club)'s status on Tuesday, 19-Feb-2019 09:45:01 EST M. Grégoire M. GrĂ©goire

    "Although the United States benefits from ludicrously cheap interest rates on its treasury bills, in 2019 it will spend $383 billion just to service its debt. By 2023, interest payments are expected to be larger even than the U.S. defence budget. Even now, $383 billion dwarfs the entire federal budget of Canada."

    The utterly unbelievable scale of U.S. debt right now | National Post
    https://nationalpost.com/news/the-utterly-unbelievable-scale-of-u-s-debt-right-now

    #WhatCouldGoWrong #debt

    In conversation Tuesday, 19-Feb-2019 09:45:01 EST from mastodon.club permalink

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      The utterly unbelievable scale of U.S. debt right now
      By Tristin Hopper from National Post
      The debt accumulated under Donald Trump would be enough to cover the inflation-adjusted cost of U.S. involvement in the Second World War
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