U.S. Interest payment for government debts equals expenditures for National Defense in Q2, 2023
Interest Payment: $969 Billion
Military Spending: $970 Billion
The last rate hikes not even taken into account yet. 🎈🪡💥
If you're really quiet, you can already hear the money printer go brrr.
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I recommend listening to the classic stacksats.mp3 afterwards. Soothing stuff.
(stacksats.mp3)