Wall Street Silver

@WallStreetSilv ↗

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Last Checked Dec. 19, 2022

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Fri Dec 16 14:11:14 +0000 2022

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Wall Street Silver @WallStreetSilv

If the Fed takes rates to 5% and leaves them there long term (3 years) the bulk of the national debt rolls over in that time frame. $1.2 trillion to $1.5 trillion in annual interest paid on the debt. The economy gets crushed with tax revenue dropping. Annual deficits explode. — PolitiTweet.org

Posted Dec. 16, 2022

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Wall Street Silver @WallStreetSilv

2021: The U.S. spent one third of its tax revenue on its military The interest on the debt portion was $392 billion in 2021. That is skyrocketing now to nearly $1 trillion in 2023 and likely higher in 2024. 🔥🔥🔥 This is why the Fed will be forced to pivot & lower rates. https://t.co/MrlJdoPiMy — PolitiTweet.org

Posted Dec. 16, 2022

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Wall Street Silver @WallStreetSilv

Tax revenue dropping by ~$500 billion due to higher rates and recession. Interest on debt increasing by ~$1 trillion per year. It is easy to predict $3+ trillion annual deficits and national debt above $50 trillion in a few years. Debt death cycle 🔥 — PolitiTweet.org

Posted Dec. 16, 2022