Porter Stansberry(@porterstansb):Our government is broke. You can't spend 42% of tax receipts on interest and survive. And especially not when you're fighting a bunch of foreign wars, have decrepit and fraud-riddled transfer payment programs, and a national pension system that will completely run out of money by around 2030. Americans have no idea what's about to happen them. Read my book, The End of America: 2029. Learn how to survive. And remember, your neighbor won't.

2026.08.12 20:12

Our government is broke. You can't spend 42% of tax receipts on interest and survive. And especially not when you're fighting a bunch of foreign wars, have decrepit and fraud-riddled transfer payment programs, and a national pension system that will completely run out of money by around 2030. Americans have no idea what's about to happen them. Read my book, The End of America: 2029. Learn how to survive. And remember, your neighbor won't.

Wall Street Mav@WallStreetMav

2026.08.12 19:30

The July 2026 US govt budget data is out. We are at $40 trillion in national debt, growing at about $2.1 trillion per year. They had to borrow $432 billion in new debt just for July. 24% of all revenue went to paying interest on the debt. In reality it is 42% of all corporate and income taxes going to interest payments on the debt. The FICA taxes automatically go to paying for Social Security and Medicare, so that money is not used at all for interest payments on the debt.