Interest On US Treasury Debt Hits $523 Billion As China Issues “Ron Swanson” Bonds

US debt continues to climbs along with interest rates. The interest paid to private banks and others on US Treasury debt has hit $523 BILLIION … and rising.

https://confoundedinterestnet.files.wordpress.com/2018/11/federalinterestvs10year.gif?w=736&zoom=2

Meanwhile, in China bondholders are being paid in ham instead of cash. Or perhaps bacon. Ron Swanson would approve!

Source: Confounded Interest

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