Billionaire investor Druckenmiller is concerned that rising interest payments on the debt will eventually consume government spending, leading to a fiscal crisis. He highlights that the current economic environment, characterized by low interest rates and a lack of political will to address the debt problem, could exacerbate this issue. He warns that the situation is so dire that the interest on the debt could eventually surpass spending on essential programs like healthcare, discretionary spending, and even Social Security. 🧡

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Study #bitcoin on #nostr here:
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@21stCapital https://video.nostr.build/3320ef2fd6305e685134811c82ef64e33624a4e995b476a7c286669ea8da6020.mp4  

 Okay. The debt shouldnt be served anyways. Repudiated as illegitimate. Because the people actually made to pay it, the "taxpayers" did not agree to take it on. Simple as.