📈 🇺🇸 💵 Annualized interest expense on US Federal debt is nearing $1.1 TRILLION.
To put this in perspective, 2023 defense spending was $821 billion.
This means the US is on track to spend 34% MORE on interest expense than defense spending.
In 2023, the US government produced $4.4 trillion in revenue.
This means that 25% of receipts in the entire 2023 are equivalent to our annual interest expense.
If it looks like interest expense is moving in a straight line higher, that’s because it is.
Rising rates and falling tax revenue are both occurring at the same time.
What’s the game plan here?
📎 Kobeissi Letter
The world’s fastest drone, the XLR V3, just went from 0 to 124 mph (200 km/h) in 1 second, faster than a Formula 1 car off the line.
Designed by Swiss engineers, the XLR V3 is a high performance FPV (First Person View) racing drone built with ultra light carbon fiber, high torque brushless motors, and cutting edge aerodynamics. It’s not just fast, it’s rewriting what’s possible in drone engineering.
This drone accelerates faster than:
✔️ An F1 car
✔️ A Tesla Plaid
✔️ Even a fighter jet on launch
Imagine what they're not showing us...
⚡️A Russian drone strike hit the car of Chief Rabbi Yosef Yitzchak Wolf in Kherson, head of the United Jewish Community of Ukraine’s local chapter.
Yosef is well known for assisting SBU and Nationalists in tracking down pro Russian Ukrainians who supported Russian forces during the liberation and uses his synagogue, as a shield, to help assemble FPVs for Ukrainian forces.
🇨🇦 Stefan Molyneux on X: Almost every government policy in the West is designed to prevent family formation for the native population.
📝 Roger Marques: "Could not agree more.
Housing is expensive.
Families taxed to the bone.
Prices are so high that both elements of the couple must work.
Women are incentivized to not care about having children in their prime.
Public schooling literally retards children.
The culture is profoundly anti-children.
What else?"