(@jmglachant.bsky.social)

Trump’s empire of debt: Conflict in Iran at $2bn a day in short-term direct costs US public debt to GDP to breach historic post-second world war high. Trump submitted to Congress a 2027 defence budget request at $1,500bn ~ double the figure for 2020. www.ft.com/content/cd81...

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Trump’s empire of debt This century the US has embarked on wars of choice and borrowed more to pay for them. That might not end well https://www.ft.com/content/cd812bd4-a08e-4147-a845-3ad8a932d748?shareType=nongift

8 days ago