Is America Winning Yet?
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Get Proton VPN for 70% off at https://protonvpn.com/monkeyexplains and take control of your privacy today! Mortgage rates just hit 6.76%. The highest in about a year. The US government paid $963 billion in interest on its debt in just the last 10 months. AI companies have borrowed over $1.5 trillion this year, and they're the reason the government's own emergency rescue plan collapsed within days. The world's "safest" bond market is breaking, and most of us have no stake in what's causing it, but we're ALL *already* footing the bill. On this Episode, We'll Cover: - How Treasury bonds actually work, and why the government can't just set interest rates itself - Why the national debt crisis means everyone pays more for mortgages, car loans, and everyday goods - Why Uncle Bessent's emergency bond buyback failed within just a few days, and what "reverse crowding out" actually means - How the AI industry's trillion-dollar borrowing spree is quietly driving up your mortgage - What Uncle B
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