I never understood why we are in so much debt and that interest is crazy...

The annual interest cost of the U.S. public debt has reached $1.1 trillion, and since the interest is paid with more borrowed money, it keeps rising. Currently, the U.S. pays $3 billion in interest every morning. This also means that interest payments are now the largest item in the U.S. budget.
The Balance of Great Powers in the World is Changing
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Bilal Arslan
Dr. Gabriella Korosi
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Sep 9, 2024
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I never understood why we are in so much debt and that interest is crazy...
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Written by Dr. Gabriella Korosi
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·2.3K Following
"HI" Writer, Author,Publisher,creator of connections, spreading positivity. Health/spirituality/positivity/joy/caring/public health/nursing. Building Community.
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