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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (65708)	4/9/2018 4:09:15 PM
From: zzpat	Read Replies (1) \| Respond to of 360925

If we didn't have $20 trillion of new debt we wouldn't have the massive interest payments either. From some reports interest on the debt will exceed $1 trillion yearly within a decade. I've seen that number only once so I don't use it often. IMO, the damage is done. There is no undoing of this mess and the US will cease to exist in its current form within my lifetime. There aren't enough rich countries to finance our debt and if we piss off one of them (China) we lose the biggest buyer of debt.