ilmscore | Prediction Details
"the current debt service cost on the $35 trillion national debt right is about 1.1 trillion a year you know if the rates got up to where you're talking you know 14% I don't know be four trillion 5 trillion a year I mean the government would probably have to spend more to service the debt than it collects in taxes"
By Minority Mindset | April 23, 2024 | Pending
From video
ECONOMIST WARNS: A Great Depression Is Coming In America | Peter Schiff x Jaspreet Singh 00:32:21 - 00:32:46
Interpreted Prediction
If interest rates reach 14%, the annual cost of servicing the US national debt could rise to $4-5 trillion, potentially exceeding government tax revenue.

Prediction Details

Topic
US National Debt

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