As the USA is currently adding 1 trillion dollars of debt every 100 days[1], having currently a debt rate of around 125% of the GDP with 870 billion dollars as annual interest payments (more than the big military budget) while the total tax revenue of the USA is just slightly growing and is at around 5.5 trillion for 2025.
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Can the Rest of the Western World avoid major…
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As the USA is currently adding 1 trillion dollars of debt every 100 days[1], having currently a debt rate of around 125% of the GDP with 870 billion dollars as annual interest payments (more than the big military budget) while the total tax revenue of the USA is just slightly growing and is at around 5.5 trillion for 2025.