🇺🇸 US Debt Crisis Intensifies: Annual Interest Rates Surpass $1 Trillion

✅ Key Points:

🔵 $1.1 Trillion in Interest Rates: The US's annual interest costs have surpassed $1.1 trillion, or $3 billion a day.

🔵 Triple What They Were 10 Years Ago: Interest rates have tripled over the past 10 years, doubling in just the past 2.5 years.

🔵 Debt Surpasses $35.3 Trillion: Despite the possibility of lower interest rates, interest costs remain high, adding to the pressure on the economy.

🔵 Stock Market Impact: Tech stocks, especially Nvidia, have fallen sharply, losing $360 billion in market capitalization.

🔵 The September Effect: September has historically been a tough month for stocks, adding to market volatility.

🔘 Rising debt and high interest rates pose major challenges for the U.S. economy. Watch for volatility ahead!

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