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RE: The US debt will rise to at least $30 trillion within ten years
All very true PP. Now to rub salt in the wounds...
US Government Debt now at $21T up from $20T in 2017.
10 year bonds were 2.4%, now 2.9%pa.
Approximate interest expense 2017 - $480 Billion!
Estimated interest expense 2018 - $609 Billion!
Increase in interest expense, year on year = 26.88%
And this 10 year bond rate is rising daily!
US is toast!!
SK.