The treasury secretary Scott Bessent just sold 10B in euros to bail out Japan because they were going to dump USA bonds. They needed to stop this because selling them means there’s less demand for American bonds. And less demand means that the USA has to pay higher yields on their bonds. Which means that when they go to borrow the $900B in the fall, they’ll have to pay more to borrow it. And they already can’t afford to pay the $96 billion a month in interest that they pay now so if it increases, they’re screwed. But, their biggest buyer is Japan. And Japan is selling. The euro on the other hand is stronger. Amazon and alphabet aren’t buying American bonds. They’re buying European bonds at record rates. Scott Bessent wasn’t trying to rescue Japan when he did this. He’s rescuing America. American debt is 39T and their GDP IS 38T. America is insolvent. They’re trying to add another 1.5 trillion for this war that they can’t win and it’s just messing with the global economy. The tariffs have increased inflation and the only way to control that is to increase interest rate rates but if they do, they just speed up the process. The administration has alienated the world so nobody’s coming to rescue them. But the linchpin for the crash is going to get pulled sooner or later. The question isn’t if…it’s when.
2026-08-13 00:27:31
36
Betharoux2.0 :
I told em, DJT was gonna bankrupt the USA
2026-08-13 00:03:37
116
Candido Hernandez :
Republicans only care about the national debt when there's a democrat in office.
2026-08-13 01:02:53
98
Rico Suave :
we need to cut our military budget big time.
2026-08-13 02:07:45
5
Ron W :
Watching America commit suicide. 😢
2026-08-12 23:48:25
118
Vincent Moon :
I'm 44 and have never experienced a good economy as a working adult. My entire life has been trickle down.
2026-08-13 00:46:17
17
Joslin🇨🇦 :
Tax the fkn rich!
2026-08-13 00:05:05
54
bobhiggins54 :
I’ve already fallen into a deep depression.
2026-08-13 01:01:08
8
Lindsey Bluth :
The US peaked in high school.
2026-08-13 02:45:03
6
Rainpug :
i hope future children tax the hell out of the rich… it’s the only way
2026-08-13 01:31:12
14
franklins459 :
Yep and 100000% Republicans fault
2026-08-13 00:33:40
22
WokeInOK :
Man, this one broke me today =(
2026-08-13 03:04:05
0
parc2025 :
DJT is treating the treasury as his own personal bank account. Think about the amount of money leaving under the table that we don’t know about.
2026-08-13 00:08:23
114
Melissa Moffitt :
That’s why there’s a lot of young people that are choosing not to have babies. I’m also relieved that I will not be a grandmother.
2026-08-13 03:02:54
0
JennK1975 :
We are the Denny's of the world.
2026-08-13 02:56:19
0
jewelmist.ca🇨🇦 :
The Democrats and the Republicans are more interested in blocking progress to spite the other party.
2026-08-13 00:48:07
6
MckeesRocksKid :
With all do respect Sir, if you had a $$ printing press at your disposal would you ever go insolvent??? No you would just print more money.
2026-08-13 02:54:17
0
dustinrainer :
Thanks to the thieving billionaires.
2026-08-13 00:03:19
10
Darcy Riggs242 :
If the usa didn't start so many wars, they could put those monies towards the national debt and pay it off.
2026-08-13 00:04:01
16
Meatvan2 :
Yep and the 1% has walked away with billions!
2026-08-13 00:35:01
7
Skill Syrup :
Question I have is, even if we all of a sudden had the most competent, professional, intelligent leaders on Earth could the problem even be fixed at this point? Or did Don the Con put the final nail in our coffin?
2026-08-12 23:50:51
23
Josh :
We could just scrap capitalism and zero out all those fantasy numbers
2026-08-12 23:58:44
12
Agninoly :
Too many Americans don’t believe a day of reckoning is coming. They have heard it most of their lives but it feels to them nothing has happened. It makes them think it is only irrational fear mongering.
2026-08-13 01:13:10
7
llighthouse :
Norway owns their oil and gas reserves means of production. Their Government Pension Fund Global means Norway doesn't have a National Deficit.
2026-08-12 23:53:10
8
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