The Yen for Stability: A Warning Sign in a Sea of Red Ink The recent intervention by the US Treasury to prop up the Japanese yen has raised eyebrows, but it's what lies beneath this action that should be concerning investors and policymakers.
The $3 billion daily interest payments on our national debt are not just a statistical quirk; they're a ticking time bomb waiting to unleash its full fury on an already fragile financial system.
The Congressional Budget Office (CBO) report highlighting the costs of servicing our near $40 trillion national debt is nothing new.