My latest AI infographic depicts the catastrophic rise of the U.S. Treasury 10-year debt instrument which has now hit 5.2% even as $9.7 trillion in U.S. debt must be refinanced in the next 12 months (at MUCH higher yield rates than what they used to offer). We are watching the beginning of a currency hyperinflation pattern that has repeated throughout history, always ending in mass poverty for the unprepared.
The 10-year yield (on U.S. Treasuries) just hit 5.2%
The U.S. Treasury must refinance $9.7 trillion of maturing securities in the next 12 months.
That's about one-third of all outstanding marketable U.S. debt.
Annual interest payments on the debt will then hit $1.2 trillion. (!)
And the annual budget deficit is about to hit $2 trillion on top of that, which means we are now watching a self-reinforcing spiral into the final chapter of debt oblivion.
This ends in currency collapse, a devastating wipeout of dollar purchasing power, and the end of the U.S. empire.
"It'll be a mercy killing, really," - Kevin Spacey's character in "Margin Call." (A movie you should watch again, several times.)
Anybody who knows how to punch keys on a $5 calculator can easily do the math and arrive at the same inescapable conclusion: This ends in catastrophe.
Notice carefully that ALL the climate people feverishly warning about how many people will die from "El Niño" said NOTHING about how many millions of people died worldwide from weaponized COVID jabs.