Wall Street dealers — until recently expecting US government debt auction sizes to resume growing next year — are going back to the drawing board after comments by Treasury Secretary Scott Bessent this week https://t.co/YYvyxbsUHp ...

If this continues, America goes de facto bankrupt and all tax revenue will go to paying interest on the national debt with nothing left for anything else.Wall Street Mav (@WallStreetMav):How did we arrive at a point in this country where 25% of all tax revenue goes to just paying the interest in $37 trillion in govt debt?Annually:US govt total reveneue = about $5 trillionUS govt interest on debt = about $1.2 trillionUS govt spending = about $7 trillion https://t.co/d0te2sZ7is ...

I started buy gold since last year uh which I never bought before and I'm I'm more worried about the US government debt. The the debt US government debt is just so high. Now the interest payment the interest payment is close to 20% of the US government income and that's that's alarming that and uh just last week last weekend Warren Buffy said that this is not sustainable and we all know it's not s it's not sustainable and uh the US government current is not sustainable and how long it will last we don't kno ...