Bloomberg: "U.S. Government Interest Payments Just Exceeded Belgium's Output"

[Roswell Crash Survivor]

U.S. government interest payments surpassed total economic output from Belgium in the fiscal year ending Sept. 30, underscoring the growing burden of America’s debt load amid wider budget deficits and climbing borrowing costs.

SOURCE: http://www.bloomberg.com/news/artic...erest-payments-just-exceeded-belgium-s-output

The Federal Reserve has already signaled it will raise the Overnight Rate by at least 4 times in 2019.

 

[Ipv6Ready]

Per capita debt of USA is about the same as Belgium though.

Which worries you more?
China $US 5.1 trillion in debt, per capita about $7k, average wage $10k
USA $US 20 trillion in debt, per capita about $61k, average wage $47k
Japan $US 10 trillion in debt, per capita $90k, average wage $27k

 

[SilverDJ]

Per capita debt of USA is about the same as Belgium though.

Which worries you more?
China $US 5.1 trillion in debt, per capita about $7k, average wage $10k
USA $US 20 trillion in debt, per capita about $61k, average wage $47k
Japan $US 10 trillion in debt, per capita $90k, average wage $27k

Australia $US 0.580 trillion in debt, per capita $24.8k average, average wage $45.8k

 

[Ipv6Ready]

Australia $US 0.580 trillion in debt, per capita $24.8k average, average wage $45.8k

Though media goes on and on about debt, the numbers are excellent