Economist issues warning about US debt interest

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FOX Business anchor Taylor Riggs and economist Todd Buchholz discuss the increase in U.S. debt interest payments and the takeaways from the Fed’s meeting minutes on ‘Kudlow.’ #foxbusiness #kudlow

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Comments

@PeterMorotta says:

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@ryandarko2115 says:

I love how the USA economy never gets better

@Patriciabanks5 says:

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

@petedriftmeyer3867 says:

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@petedriftmeyer3867 says:

Let's "Make America Great Again ", by telling OUR GREEN liberal Democrat white house colleagues to quit lying and STEALING, STEALING, STEALING from the American people and instead choose to SUPPORT OUR law enforcement . ???? Tell Joe and this administration to quit lying and STEALING, STEALING, STEALING from the American people and instead choose to SUPPORT OUR law enforcement . ???? Tell OUR GREEN liberal Democrat white house colleagues to quit lying and STEALING, STEALING, STEALING from the American people and instead choose to SUPPORT OUR law enforcement . ???? Tell OUR GREEN liberal Democrats to quit confusing the GREEN deal / money / climate change equation and instead get a job ???? LAW AND ORDER ???? SEAL OUR BORDER ???? SECURE USA !

@micheal_mills says:

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

@GregValentine-st4bt says:

This whole panel is the exact type of people that have extreme hate and prejudice of other ethic groups in this country. Their predecessors surrendered our manufacturing history and equipment to the same countries that threaten to end things in the USA right now just because of the blind ignorant hate towards others already here for generations. The same individuals on this panel and those before them have sealed the fate of true freedom of America all just because they believe they are entitled to be the ones in control and live happy. Rejoice in whatever higher power that’s over us will show u all how your complete hate and ignorance towards others will lead to the absolute elimination of u and your future generations.

@dennishungerford4146 says:

Yellen selling lies ! Biden support in her rhetoric!

@davidmcguerty8405 says:

Whatever bad things liberals decide that blow up, blame Trump.

@user-vg9dg4pu7o says:

Just double all the taxes problem solved .

@jimdigriz3436 says:

I said years ago that the debt was so high, that a normal 5% interest rate would result in Trillions in interest we can’t pay. Simple math.

@ChuChuBelo says:

The same people who for decades have been screaming deficits don't matter are now warning about the interest on the debt.

@KarenLavia says:

The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US… if that's even possible. Someone is going to be left holding the bag…

@arkive11 says:

3:10
Foreshadowing isn't always subtle.

@TimChrist says:

inflation was transitory, it was and continues to transition to higher rates, because of the idiotic policies of democrat and rino politicians!

@mattk-kf9fx says:

The reason they’re issuing at the short end is that there are not enough buyers at the long end at current yields. Look at the large price tails of longer dated auctions recently…

@earlreid6811 says:

Irresponsible bankers are the only ones that will buy a 100 year bond at 1.5% That bond would be even more interest rate sensitive that the 20 year bonds that got them in trouble.

@HodgeChris says:

Many investors and economists are concerned about the global economy due to rising debt, political instability, and the effect of COVID-19 pandemic. Experts warn that these factors could lead to an economic downturn or recession.

@Tom-ym7bm says:

Did you know that debt is another word for sin

The Lord’s Prayer Mathew 6.9-12

@DanStJohn-sy3ve says:

Considering it was the last two MAGA idiots in the white house that ran up over $24 trillion dollars of our national debt, from wars in the middle east built on lies of WMD's, a housing crisis, a failed pandemic response and $1.4 trillion dollar a year tax breaks for billionaires and corporations, how are the MAGA going to pay back all that money? Fiscally responsible MAGA my butt.

@Stim-Winded says:

Ukraine has had a windfall- they can loan us the proceeds.

@jamesmccarty8988 says:

You’d have to be crazy to buy a 100 year bond

@franciscodanconia4324 says:

I’ve been rolling a large chunk of cash in 4 week t-bills at rates around 5.5%. It’s not good for the feds but it keeps me ahead of inflation at least.

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