Wednesday, May 29, 2024

In the #News #Politics #Economy

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― Mark Twain

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The Kegger Party Will Be Crashed

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Drunken anyone tends to spend until there's nothing left.  Washington DC has evolved into the biggest kegger party in modern history. The beginning of the end will see interest expense as a % of GDP above 6% (see Chart Interest Expense As A % of GDP). This series is discussed and tracked in the US Bond Report.  Keep tuned to it.

This is no longer a newsflash on Insights - it's going to get rough from 2024 to 2028. The invisible hand has called the cops, and no one can run because the kegs have been emptied.  Leave now, if you want to survive.

Chart:  Interest Expense As A % of GDP

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