The geopolitical stability is now cheaper[1] than the debt service. Naturally, that calls into question the incredibly low interest rates, and the reserve curr

The geopolitical stability is now cheaper[1] than the debt service. Naturally, that calls into question the incredibly low interest rates, and the reserve currency status. If you need to blame Trump, the last straw was COVID. > At incredibly low interest rates, most investments are positive ROI. Step 1: Hold short term rates at zero, forever Step 2: ??? Step 3: Profit Step 4: Wow, that's a lot of debt [1] https://www.cfr.org/blog/first-time-us-spending-more-debt-interest-defense https://www.cfr.org/blog/first-time-us-spending-more-debt-in...