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  1. calmbeforestorm
    6,976 Posts.
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    28/06/24
    17:10
    Post #: 74525545
    Just noticed this chart on USA Fed government interest payments on its debt - Q1 24- $1tr, projected - Q1 25- reduction of 1.5% in interest rates - $1.2tr or at current interest rates ie no change Q1 25 - $1.7tr. Revenue is only circa $4.5tr maybe a bit more. While the figures are from what looks like a reliable source I have not validated the projected figures.

    If the Fed does not cuts interest the US debt is going to kill the budget.

    https://hotcopper.com.au/data/attachments/6276/6276501-db8d0625cd70acc6a27f0da7ef8f9f87.jpg


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