US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

The primary goal of this site is to provide mature, meaningful discussion about the Vancouver Canucks. However, we all need a break some time so this forum is basically for anything off-topic, off the wall, or to just get something off your chest! This forum is named after poster Creeper, who passed away in July of 2011 and was a long time member of the Canucks message board community.

Moderators: donlever, Referees

Post Reply
User avatar
Topper
CC Legend
Posts: 8720
Joined: Wed Sep 15, 2004 8:11 pm
Location: Earth, most days.

Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

Post by Topper »

A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment on the U.S.’s now-$40 trillion national debt reached 18.5% of revenue, surpassing 1991’s record 18.4%. That means the U.S. is collecting nearly 19% of all taxes and revenue just to pay off interest on its ballooning debt, equivalent to $1.25 trillion—more than the entire 2026 defense budget.

Growing interest payments create a cycle: the government must borrow more just to cover the interest, leaving it less flexible to spend on infrastructure, education, and other investments that drive growth.
https://fortune.com/2026/09/07/us-natio ... t-bessent/
Over the Internet, you can pretend to be anyone or anything.

I'm amazed that so many people choose to be complete twats.
User avatar
5thhorseman
MVP
MVP
Posts: 2622
Joined: Thu Jan 07, 2010 11:04 am

Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

Post by 5thhorseman »

Peak interest rates were almost double today's rates in 1991. Which puts the US in a far worse situation now.
User avatar
Per
MVP
MVP
Posts: 4658
Joined: Fri Jul 15, 2011 7:45 am
Location: Sweden

Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

Post by Per »

The corruption in the US under the current regime is mindboggling.
Be Good

I like my whisky neat, so fuck ICE
User avatar
rikster
MVP
MVP
Posts: 492
Joined: Mon Aug 09, 2004 6:41 am

Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

Post by rikster »

What is more concerning to me is that of the American population who voted in the last 3 elections, almost half voted for him 3 times...

Not to mention the Democrats who thought the best they had to offer in those 3 elections were Clinton, Biden and Harris...

Read an article in the August 10th edition of The New Yorker about Trumps mentor, Roy Cohn...In it they talk about the building of Trump Tower and Cohen directing Trump to hire a concrete company owned by the heads of the Genovese and Gambino crime families...

Anyone who has spent time reading about Trumps past wouldn't find that alarming, not only did he associate with crime families but also the Russian mob, but what is alarming to me is that the Americans are so apathetic about it and their press seem to have given up or are too afraid to report on it....
User avatar
UWSaint
MVP
MVP
Posts: 1439
Joined: Thu Jul 14, 2011 5:37 pm

Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond

Post by UWSaint »

5thhorseman wrote: Mon Sep 07, 2026 8:11 pm Peak interest rates were almost double today's rates in 1991. Which puts the US in a far worse situation now.
If the debt is older, growing interest rates (and inflation) lessen the true cost of debt. I say this descriptively, not normatively. If I borrow $100 and promise to give you $120 in 5 years, and it takes $135 to buy what could have been bought 5 years ago with $100, then I'm getting to spend the cash when I need it and I am paying back less (in effective value) than I borrowed.

I don't point this out because I support it, but it is an effect of inflation. It aids debtors, doesn't hurt creditors as bad as default (which is the elephant in the room), and screws everyone else, particularly those with a larger percentage of income dedicated to core expenses (food, energy, shelter).
Hono_rary Canadian
Post Reply