Interest on the federal debt alone will approach $1 trillion this year and could double by the mid-2030s
Quote
Sources
Coinbase CEO fears Bitcoin replaces dollar if US debt grows as Elon Musk calls for firing of 215 Republicans
Referenced by
The U.S. debt-to-GDP ratio reaching 122%, combined with rapidly increasing interest payments and looming fiscal deadlines, is intensifying pressure on the government’s financial stability
Crypto news
Claim
