Trump in Panic Mode: Economic Wheels Are Falling Off The Bus as Bessent Sounds The Alarm

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The U.S. Treasury is reportedly attempting to buy back U.S. debt, a move financial analyst David Morgan describes as entering the final phase of a debt-based monetary system. As the national debt surpasses $40 trillion, the government is now spending $3.8 billion per day on interest alone, a figure projected to hit $5 billion per day by 2028. Morgan explains that the Federal Reserve is trapped: keeping rates high damages housing and government finances, while cutting rates risks renewed inflation and a loss of bond market confidence.