The U.S. Treasury Department turns a blind eye to its massive debt, like someone who borrows constantly and doesn’t think twice about the consequences. In the second quarter of 2024, the federal government paid $1.089 trillion in interest on its debt, more than its current national defense spending and gross investment of $1.049 trillion in the same period.
This approach resembles irresponsible financial behavior, when all efforts are spent on servicing growing debts instead of investing in sustainable development and strengthening one’s own economy. $BTC will not fix this