This is insane:
Interest expense on US Federal debt is now at a record $3 billion PER DAY.
This is TRIPLE the amount paid 10 years ago and has DOUBLED in just 2.5 years.
Total annual interest costs on Federal debt reached a whopping $1.1 trillion in Q2 2024.
Even if the Fed cuts rates by 1% and all government bond yields decline by 1%, daily interest expense will still be $2.5 billion.
That would be more than double the average paid in 2009-2019.
Debt crisis is an understatement.
356 companies have filed for bankruptcy this year, higher than in the pandemic in 2020 and is higher than any comparable figure in the last 13 years, per FORTUNE.
๐จ๐๐ผโฅ๏ธ After winning his 2nd consecutive KFT event, Harry Higgs made an impactful speech on the loss of Grayson Murray and the importance of being nice to one another
The lifetime impact a coach can have on a player is incredible. 22 yrs ago, @hunterpence played for @CoachDeggs28 at Texarkana College. The emotion in this exchange is inspirational. Full episode w/the @RaginCajunsBSB HC ~ @PGCollegeBall drops Thu 3p et https://t.co/zr5KqdVPWh.
"๐๐๐๐จ ๐ฅ๐ก๐๐๐ ๐๐จ ๐จ๐ค ๐จ๐ฅ๐๐๐๐๐ก ๐ฉ๐ค ๐๐ซ๐๐ง๐ฎ๐ค๐ฃ๐"
On to the next 1๏ธโฃ0๏ธโฃ0๏ธโฃ0๏ธโฃ
#GeauxCajuns | #TheTigue
Did I ever go to the beach for spring break like a normal college kid? No. But I did spend every spring break pounding continental breakfasts at some budget hotel in the middle of America and that builds character