RUSSIAN OFFENSIVE CAMPAIGN ASSESSMENT, NOVEMBER 1, 2023
Ukraine Situation Report: 1M North Korean Artillery Rounds Sent To Russia, Seoul Says
Drone Fragment Offers Clue About Russia’s Shahed-136 Production Rate
Israel-Gaza Situation Report: Sa’ar 5 Corvettes Moved To Red Sea
Israel Abandoned My Son Out of Fear
France’s Nightmare Is Yours Now
Germany Passing Japan Aging Population as Third Largest World Economy
The combination of significant borrowing during the pandemic, together with the rise in interest rates means that debt interest payments have been rising fast for the US government. Annual interest payments look like they will soon hit $1 trillion, and likely rise even further as maturing debt will need to be refinanced at higher rates. Just for comparison, total US Defense Spending was 877 billion dollars in 2022.