Network States

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.

Why are they borrowing as much money as COVID…but at 5% rates?

Why did emergency loans to banks in 2023 dwarf those made during the 2008 financial crisis?

Why did the US government admit a few months ago that its true debt wasn’t $34T, but more like $175T when all liabilities were taken into account?

Why did the US government admit a few months ago that its true debt wasn’t $34T, but more like $175T when all liabilities were taken into account? https://x.com/balajis/status/1773438433714933941?s=46

Why do the Houthis still control the Red Sea, despite months of effort from the US Navy and ~20 coalition partners?

Why did Saudi Arabia cancel the 50 year petrodollar agreement, and what are the consequences for the dollar?

Why did Saudi Arabia cancel the 50 year petrodollar agreement, and what are the consequences for the dollar? https://www.atlanticcouncil.org/blogs/econographics/is-the-end-of-the-petrodollar-near/

Why did emergency loans to banks in 2023 dwarf those made during the 2008 financial crisis? https://x.com/balajis/status/1789397994241929494?s=46