Two months ago, we said that the US fiscal endgame was fast approaching in part thanks to soaring Federal debt, which today jumped by $275 billion in ONE DAY to a record $33.44 trillion, and on pace to increase by $1 trillion in 1 month...
... but more importantly, as a result of exponentially rising interest expense, which due to the highest interest rates in 40 years and America's legendary out-of-control deficit spending, also known as BidenomicsTM...