The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense

  • The US’s mountain of debt has become a cause of concern for investors this year.
  • The government is likely to spend more on interest payments than on defense over the next five years, per Capital Group.
  • The ballooning debt burden could eventually chip away at the demand for Treasury bonds, according to the investment manager.”

https://finance.yahoo.com/news/us-debt-mountain-growing-fast-193006391.html

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