🚨 U.S. DEBT CRISIS ALERT 💸
Total debt: $38T and rising
Fed recently cut rates by 25bps, but President Trump demands deeper cuts
Reason: Interest costs are skyrocketing → $1.4T annual payments by 2025, surpassing military spending
Impact of a 1% cut: Could save ~$400B
⚠️ Debate:
Critics: Risks inflation, asset bubbles, inequality, Fed independence
Supporters: Only way to sustain the debt machine
Big question: Will the Fed yield to political pressure, and could this threaten the dollar’s global dominance?
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