Shocking stat of the day: Estimated annualized interest expense on US federal debt is up to a record $1.38 trillion. This is equivalent to 4.2% of US GDP, the highest percentage since 1997. By comparison, this figure stood at 2.3% in Q4 2020. Annualized interest expense has surged +$900 billion, or nearly +200%, over the last 5 years, rising at an average annual rate of +24%. Meanwhile, in the first 9 months of FY2026, interest expense jumped +$78 billion YoY, to $827 billion, the highest level for this period in history. The cost of servicing US federal debt has never been higher.

Shocking video out of Darlington County, South Carolina, shows the aftermath of a devastating crash between a logging truck and a van that looks like something straight out of a Final Destination movie.