šŸ’¢ The United States has effectively waged economic war against itself, Major General Mohsen Rezaei,

Xoaquin Flores - New Resistance

Xoaquin Flores - New Resistance

@NewResistance

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šŸ’¢ The United States has effectively waged economic war against itself, Major General Mohsen Rezaei, Secretary of Iran’s Supreme National Security Council, said, arguing that Donald Trump’s policies have imposed a massive debt burden on Americans and US allies.

ā€œHe came with the campaign slogan ā€˜Make America Great Again.’ But what has he made great? He has made their debts great,ā€ Rezaei said.

According to Rezaei, Washington now has to borrow at a rate 3.7 times that of 2020, adding roughly $3.7 billion in annual costs for every $100 billion of debt. He also pointed to Japan, where 10-year bond yields have risen to around 3%, describing it as the end of Washington’s ā€œfree rideā€:

ā€œFor Tokyo, this means higher debt costs, and for Washington, it means the end of the free ride and the arrival of the bill.ā€

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