GM. Having a cup of coffee. Let me tell you some hard, incovenient truths. Then you decide what you are going to do about it. This year the US will take in $5.5T in tax receipts. We will spend $7.3T. The FIVE "untouchables" in US expenditure: Medicaid, Medicare, Social Security, Defense, Interest: $5.2T. The US will roll over $9T in Treasuries this year. If the 10 year remains above 4% we will add $300B to our interest expenses. In one year. The Defense Dept just asked for $200B to continue this war. It's a Supplemental Request. Every expenditure in this war will be "printed." Let's look at the FED. The PPI just printed a 3.4% inflation number. The FED can't lower. If they raise interest rates that math above will rapidly get worse. If the stock market crashes, then receipts will rapidly fall. The math will get worse. Quickly. All of the above is not "doomerism." These are facts. Inconvenient truths. ...