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Expect Gargantuan Stimulus When 'Something Breaks' Under Today's High Rates | Brien Lundin
The last time today's guest expert was on this channel, he warned that rising interest rates would cause a surge in the debt service cost on America's national debt -- and that THAT would perhaps be the destabilizing trigger that would "break something" and force a policy pivot by the Federal Reserve.
Well, the first half of that prediction has proven correct. Interest on the national debt is on track to exceed $1 trillion in 2025 -- that's more than a doubling vs last fiscal year.
So, what about the second part of the prediction?
Will higher debt service costs -- for the government, for…
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