But it’s even worse than that. The US has to rollover about 9 trillion of debt in 2025. Someone has to buy these bonds and if Japan or China are reluctant, it likely means higher interest rates to be offered in order to secure the sale.
Wow, I am rarely corrected that things are even worse from an economic standpoint than I asses they are… I am so very used to being called a hysterical paranoid doomsday fetishist.
But it’s even worse than that. The US has to rollover about 9 trillion of debt in 2025. Someone has to buy these bonds and if Japan or China are reluctant, it likely means higher interest rates to be offered in order to secure the sale.
https://finbold.com/9-trillion-of-us-debt-will-mature-in-2025-should-investors-be-worried/
Wow, I am rarely corrected that things are even worse from an economic standpoint than I asses they are… I am so very used to being called a hysterical paranoid doomsday fetishist.
9 trillion rolling over in 2025 huh?
Hwoahboy, we are fucking screwed.
… Good luck.