The Kobeissi Letter
The Kobeissi Letter|Aug 19, 2026 16:54
What stops this train? The US government is now spending $3.8 billion on interest PER DAY. By 2028, estimates show that the US will spend ~$5 billion per day on interest, more than any other category. To put this into perspective, the US now spends $3.1 billion per day on Medicare and $2.5 billion per day on defense. When the cost of your debt becomes your biggest outlay, you know something is broken. Intervention by the US Treasury is only a short-term "solution."(The Kobeissi Letter)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads