The USA's High Speed Train is " The Debt Train ". This high speed train is increasing velocity & momentum at an exponential rate 
with it seems no plan to apply any Braking in the foreseeable future. If anything, Trump has his foot on the pedal & it's pressed hard to the floor.
I write this with a note of jest, but in reality this is no laughing matter for the general Public & the worlds Financial System. A system that is now so Globally interlocked that a breakdown in any part of this Global Interconnected Network could/will probably grind the system to a sudden crashing seizure.
The Treasury, under Yellen & now under Bessent, has been refinancing & issuing massive amounts of new short term debt. They were/are doing this hoping that interest rates, especially long term rates, will fall significantly, so that they can refinance the USA's massive amount of due debt ( given figure is $9 TRILLION in the next 12 months ) out to longer terms thus easing some pressure.
Forecast estimates are saying that if the current interest rates remain as they are, then the interest payment on the US debt for year 2026-2027 could be at or exceeding $2 TRILLION. The current year interest payment is estimated to be over $1.1 TRILLION. So an acceleration from $1.1 TRILLION to $2 TRILLION in interest payment is staggering. Plus, if the level of interest rates remains elevate, then this High Speed Train
will whistle past the $2 Trillion mark & accelerate even further in coming years.
Remember, this is just the interest payment. There is not the slightest talk of any payment of the principle. the most astonishing part is the the $1.1 TRILLION & coming $2 TRILLION is unfunded, so will have to be further borrowed from the Debt Market, accelerating the Debt Train even faster.
It's unforeseen if there is a curve approaching, a break in the track, a bridge that has collapsed or some other event. The point I'm making is that if/when a infamous " Black Swan " event crosses the path of this accelerating High Speed Debt Train, the outcome will be disastrous, maybe even
This crash will affect everyone to some degree.
My Rant for today - I feel better now
with it seems no plan to apply any Braking in the foreseeable future. If anything, Trump has his foot on the pedal & it's pressed hard to the floor.I write this with a note of jest, but in reality this is no laughing matter for the general Public & the worlds Financial System. A system that is now so Globally interlocked that a breakdown in any part of this Global Interconnected Network could/will probably grind the system to a sudden crashing seizure.
The Treasury, under Yellen & now under Bessent, has been refinancing & issuing massive amounts of new short term debt. They were/are doing this hoping that interest rates, especially long term rates, will fall significantly, so that they can refinance the USA's massive amount of due debt ( given figure is $9 TRILLION in the next 12 months ) out to longer terms thus easing some pressure.
Forecast estimates are saying that if the current interest rates remain as they are, then the interest payment on the US debt for year 2026-2027 could be at or exceeding $2 TRILLION. The current year interest payment is estimated to be over $1.1 TRILLION. So an acceleration from $1.1 TRILLION to $2 TRILLION in interest payment is staggering. Plus, if the level of interest rates remains elevate, then this High Speed Train
will whistle past the $2 Trillion mark & accelerate even further in coming years.Remember, this is just the interest payment. There is not the slightest talk of any payment of the principle.
the most astonishing part is the the $1.1 TRILLION & coming $2 TRILLION is unfunded, so will have to be further borrowed from the Debt Market, accelerating the Debt Train even faster.It's unforeseen if there is a curve approaching, a break in the track, a bridge that has collapsed or some other event. The point I'm making is that if/when a infamous " Black Swan " event crosses the path of this accelerating High Speed Debt Train, the outcome will be disastrous, maybe even
Apocalyptic - prepare accordingly.
Those that have made preparations with some real/sound money, ( Gold/Silver other real/hard assets ) even if only a modest amount, will at least have a better chance of surviving the crash, than those that only have fiat paper/plastic notes in hand & debt chained to their necks This crash will affect everyone to some degree.My Rant for today - I feel better now