
Rabbit Hole Recap #231: There's a run on the bitcoin banks!
Rabbit Hole Recap
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The US Government's Unfunded Debt Is at the Number Four
The amount of interest that is owed on all the debt the US government has accrued over the last many decades and now currently stands at $766 billion a year in interest payments alone. When you compare that to other unfunded liabilities, like Medicare, Medicaid, Social Security, and the military budget, it is right behind the military budget,. It's the fourth largest unfunded liability that we have.
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