Content
@
0 reply
0 recast
0 reaction
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.
14 replies
17 recasts
122 reactions
balajis
@balajis.eth
Why are they borrowing as much money as COVID…but at 5% rates?
1 reply
0 recast
12 reactions
TonyW 🎩
@tonyw
wen crash???
0 reply
0 recast
1 reaction
Ako
@ako1988
You think this decision about petrodollar in Saudi Arabia , can effort to get Chinese yuan power up against dollar?
1 reply
0 recast
1 reaction
Mads Christensen
@remsee
Sounds pretty sustainable imo
0 reply
0 recast
0 reaction
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)
0 reply
0 recast
2 reactions
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
0 reply
0 recast
1 reaction
Shazaf
@shazaf
Are you the same guy who lost money betting on bitcoin price?
0 reply
0 recast
0 reaction
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).
0 reply
0 recast
0 reaction
sap
@sap
Does interest payment mean they’re paying down debt? Or what the repayment amount is in theory?
0 reply
0 recast
0 reaction
3robi
@3robi
How I have to read Balaji’s tweets…
1 reply
0 recast
0 reaction
Rue🗽
@rue1776
Would be interested to see what percentage of total gov spending goes to interest payments compared to previous years
0 reply
0 recast
0 reaction
Sangita
@sangita33
concerning!
0 reply
0 recast
0 reaction
Mahdi🎭
@avenger4050
+100 🔥 FIRE tip dispatched. Do check your balance.
0 reply
0 recast
0 reaction
