NEWS
Breaking News: Tesla Billionaire Elon Musk Declares ‘Financial Emergency’ As $35.7 Trillion ‘Debt Bomb’ Primes A Bitcoin Price Boom To Rival Gold…see more
“Just the interest payments on the debt are 23% of all federal tax revenue,” Musk said during a Trump campaign rally, later calling the situation a “financial emergency” on X. “The interest payments now exceed the Defense Department budget, which is $1 trillion a year. That’s a lot of money.”
The bitcoin price has returned to just below its all-time high of $70,000 per bitcoin this year, rocketing higher along with the gold price, as investors bet higher interest rates combined with a huge increase in deficits will create a feedback loop, forcing governments to print more money.
U.S. national debt has skyrocketed in recent years, crossing the $34 trillion mark at the beginning of 2024, largely due to Covid and lockdown stimulus measures that sent inflation spiraling out of control and forced the Federal Reserve to hike interest rates at a historical clip.
Breaking News: Dawson’s Creek actor James Van Der Beek sells merch to pay for cancer treatment…see more
breaking news: kelce family shares a tearful update on travis kelce after chiefs devastating loss to the bills full story here: …see more
Breaking News: jennifer hudson, 43, is engaged to boyfriend common, 52, this shocking news came after rapper’s guest appearance on the thursday’s episode of her talk show, where he expressed his true feelings… she also announce that they are expecting a… see more
PREGNANT: Zendaya announced the good news when she revealed she was pregnant with Spidy Tom Holland, the two announced they would be holding a …. see more
Let’s be real honest here, Kim Kardashian is actually Prettier and have more positive impact than Taylor Swift right?…see more
Breaking News: Ariana Grande Found herself addicted to drugs while she cry for help from fans,”I was influenced by” she continues…see more
News In: Jason Kelce Explains Why He Won’t Give Out Tickets to Taylor Swift Shows…see more
Breaking News: Courtney Love Is Not a Fan of Taylor Swift But Says Pop Star’s Angry Lyrics ‘Resonate With Me’…see more
SHOCKING NEWS: Taylor Swift unleashes fury on Elon Musk during final moments of Eras tour in Toronto, vowing to leave his ‘toxic’ app X, accusing him of being “Rich, talented but heartless and immoral… See more
Breaking News: NFL legend Rob Gronkowski’s best-ever investment: $69,000 worth of Apple stock he bought on advice from his contractor…see more
Breaking News!!! Naomi Osaka’s Coach, Stefanos Tsitsipas, Morgan Riddle, and Others Erupt in Joy Over Alexei Popyrin’s Heartwarming Engagement News…see more
