Current vs Future debt payments as percent of income
Updated
There appears to be a 2-3 year delay between the current debt rates (US) and actually debt payment increases. It seems very likely that debt payments as a percent of tax receipts will go up to 28% similar to 2019 and 2020. What happens after that. It seems unlikely to me that GDP will continue to feed increases in federal tax receipts. 30% and above is next.
Note
The second from the right white line should connect blue peak to orange peak, not peak to trough as it is. I forgot it when changing from two scales to one scale! By 2025, US government will be struggling to pay it's bills or must cut spending.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.