The US debt spiral is underway. Markets just haven’t priced it in yet
Monday, 7 July 2025 ()
With the passage of Donald Trump’s “One Big Beautiful Bill Act” (OBBBA), the US has chosen to pile more debt onto an already overloaded balance sheet. The federal debt now stands at $37 trillion. Interest payments will soon exceed $1 trillion per year. That’s more than the entire US defense budget. Yet bond markets remain […]
|
||||
|
|
||||
You Might Like |
||||
