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'We're heading for a fiscal train wreck in the US' — Prof. Rasmus

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Published on 07 Apr 2026 / In News & Politics

The United States is spending up to $2 billion per day on military operations—and the real total may be far higher.

In this interview, economist and political analyst Jack Rasmus breaks down the true scale of U.S. defense spending, revealing a staggering system fueled by debt, hidden budgets, and escalating global conflict.

From rising oil prices and inflation to collapsing treasury demand and growing deficits, this conversation explores the economic consequences of prolonged war—and what it could mean for the future of the U.S. economy.

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