The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
THE SO WHAT
Snowballing interest on a $40 trillion US debt load means higher-for-longer capital costs are no longer a tail risk—they’re the base case. Operators should stress-test plans against tighter funding, slower IPO/M&A windows, and customers with less room for multi-year, upfront commitments.
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