I appreciate you pointing this out. Once your cashflow is incapable of paying any principle on your debt and you are forced to just cope with interest there is no way out. The only sources of capital governments have are taxation, borrowing, or inflating the currency. None of these will allow us to cope with our debt in America...

And worst of all a handful of people dove headfirst on behalf of the country. Gotta love federal headship...

q2 2022: $650 billion q3 2022: $750 billion q4 2022: $850 billion

we’re getting close to a $4 trillion annual run rate for interest payments, while total revenue for the US government is only expected to be $4.7 trillion this year.

In other words, all the annual tax payments from all americans and corporations is barely sufficient to make interest payments on debt today.

Maybe that was the reason we cheated for so long by keeping interest rates at zero for a decade.