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balajis
@balajis.eth
Interest payments are up 15X. Debt issuance passed COVID levels. Emergency bank loans are past 2008. Saudi Arabia just ended the petrodollar. And true debt is now estimated at $175T.
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balajis
@balajis.eth
Why are they borrowing as much money as COVID…but at 5% rates?
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TonyW 🎩
@tonyw
wen crash???
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Ako🎩ツ
@ako1988
You think this decision about petrodollar in Saudi Arabia , can effort to get Chinese yuan power up against dollar?
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Mads Christensen
@remsee
Sounds pretty sustainable imo
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GIG☀️
@gig
Meanwhile the Twitter account of the president of the United States of America constantly twisting these numbers Framing them as if the economy is doing good while making it worse Tbh just seeing the citizens as idiots, if I was from US I’d be offended It’s so over (USA affects the rest of the world too)
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Drew Marshall
@dank
Can we declare the banks terrorists and not pay them or ? We do it with everyone else we don’t like Maybe save money kek Great post
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Shazaf
@shazaf
Are you the same guy who lost money betting on bitcoin price?
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Siiri
@notapplesiiri
There will be no change to the above trajectory with the tools current economies have in their hands. Resolution to ongoing (trade) wars would ease defence spending to start unpacking the plot, but believe the opposite takes place as tension grows (while not driven by US, e.g. pdollar), US must hold onto some control (Suez) and tap into new politically placed growth (pick GHope maybe as China is active in Africa, not Panama).
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sap
@sap
Does interest payment mean they’re paying down debt? Or what the repayment amount is in theory?
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3robi
@3robi
How I have to read Balaji’s tweets…
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Rue🗽
@rue1776
Would be interested to see what percentage of total gov spending goes to interest payments compared to previous years
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Mahdi🎭
@avenger4050
+100 🔥 FIRE tip dispatched. Do check your balance.
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Sangita
@sangita33
concerning!
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