Many do not understand the implications of US debt service costs rising.
— The Kobeissi Letter (@KobeissiLetter) September 27, 2023
For nearly 20 years, it was effectively free for the US to issue debt as debt service costs were ~1.5%.
Now, debt service costs have doubled to 3% and will rise toward 5% as rates skyrocket.
To put this… pic.twitter.com/H2aMHMaT1v
Combative headlines for 11/3
https://www.dropsitenews.com/p/us-iran-qeshm-gaza-israel-rafah-aid-turkey-somalia-shabaab?utm_source=post-email-title&am...