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When interest payments on the national debt eclipse defense spending, history shows that great powers struggle to maintain military strength and global influence. As US debt service surpasses defense outlays for the first time since the 1930s, Ferguson's Law offers a stark warning about the fiscal foundations of American...

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Hoover Institution

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12,828 görüntüleme • 6 ay önce •via X (Twitter)

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"Any great power that spends more on interest payments on its debt than on defence will not be great for long." Niall Ferguson explains at ARC 2025 that worryingly the US now falls into this category and that this "sends a signal of weakness" to the "axis of ill will".
2:26

"Any great power that spends more on interest payments on its debt than on defence will not be great for long." Niall Ferguson explains at ARC 2025 that worryingly the US now falls into this category and that this "sends a signal of weakness" to the "axis of ill will".

The Alliance for Responsible Citizenship

136,129 görüntüleme • 1 yıl önce

Trump's presidency exposes recurring patterns across American and global history—McKinley's protectionist turn, the Gilded Age's social divides, and Britain's interwar decline—revealing how each generation of leaders confronts the same challenge: preserving national strength without repeating the excesses that undo great powers. Hoover Senior Fellow Niall Ferguson at Summer Policy Boot Camp [1/3]:
23:52

Trump's presidency exposes recurring patterns across American and global history—McKinley's protectionist turn, the Gilded Age's social divides, and Britain's interwar decline—revealing how each generation of leaders confronts the same challenge: preserving national strength without repeating the excesses that undo great powers. Hoover Senior Fellow Niall Ferguson at Summer Policy Boot Camp [1/3]:

Hoover Institution

11,835 görüntüleme • 7 ay önce

🚨"The Federal Government today pays more in interest on the debt than we do in budget for the Department of Defense. We pay $1.2B a year in JUST interest on debt. Total government spending is about $7T. Interest payments are $1.2T. DOD is $800B a year. Total debt is $35T and it adds another $1T of debt every 100 days."
1:09

🚨"The Federal Government today pays more in interest on the debt than we do in budget for the Department of Defense. We pay $1.2B a year in JUST interest on debt. Total government spending is about $7T. Interest payments are $1.2T. DOD is $800B a year. Total debt is $35T and it adds another $1T of debt every 100 days."

Autism Capital 🧩

21,876,595 görüntüleme • 1 yıl önce

ELON MUSK: "I think in the absence of AI and robotics, we're actually totally screwed, because the national debt is piling up like crazy. Our interest payments on the national debt exceed the military budget, which is a trillion dollars. Over a trillion dollars just the interest payments. We are 1,000% going to go bankrupt as a country and fail as a country without AI and robots, nothing else will solve the national debt."
1:11

ELON MUSK: "I think in the absence of AI and robotics, we're actually totally screwed, because the national debt is piling up like crazy. Our interest payments on the national debt exceed the military budget, which is a trillion dollars. Over a trillion dollars just the interest payments. We are 1,000% going to go bankrupt as a country and fail as a country without AI and robots, nothing else will solve the national debt."

DogeDesigner

25,277 görüntüleme • 6 ay önce

My take on Wealthion on the EXPLODING US NATIONAL DEBT: "22.2% of American taxes are siphoned off to pay interest on the government’s debt. They don't go to income transfer payments, gov't services, or subsidies." INTEREST ON DEBT = PAYING TAXES AND RECEIVING NOTHING.
0:44

My take on Wealthion on the EXPLODING US NATIONAL DEBT: "22.2% of American taxes are siphoned off to pay interest on the government’s debt. They don't go to income transfer payments, gov't services, or subsidies." INTEREST ON DEBT = PAYING TAXES AND RECEIVING NOTHING.

Steve Hanke

12,342 görüntüleme • 3 ay önce

ELON: OUR NATIONAL DEBT IS A DISASTER “What really matters is that government spending is not far in excess of government revenue. That's a fundamental issue that we have where we have a deficit of $2 trillion and we have interest payments that now exceed the entire budget of the military. In fact, that was a big wake-up call for me was when the amount of money that we pay in national debt interest exceeded the Defense Department budget. And the Defense Department budget is very big and interest is higher than that and climbing. That's a disaster.” Source: Town Hall in Wisconsin, March 30, 2025
0:40

ELON: OUR NATIONAL DEBT IS A DISASTER “What really matters is that government spending is not far in excess of government revenue. That's a fundamental issue that we have where we have a deficit of $2 trillion and we have interest payments that now exceed the entire budget of the military. In fact, that was a big wake-up call for me was when the amount of money that we pay in national debt interest exceeded the Defense Department budget. And the Defense Department budget is very big and interest is higher than that and climbing. That's a disaster.” Source: Town Hall in Wisconsin, March 30, 2025

Mario Nawfal

1,915,961 görüntüleme • 1 yıl önce

The debt passed $39 trillion today. Paying a trillion dollars of interest annually on this debt causes hardship for tax-payers and robs us of resources that could otherwise be used for infrastructure or national defense. And ultimately, this debt will enslave our grandchildren.
0:21

The debt passed $39 trillion today. Paying a trillion dollars of interest annually on this debt causes hardship for tax-payers and robs us of resources that could otherwise be used for infrastructure or national defense. And ultimately, this debt will enslave our grandchildren.

Thomas Massie

1,615,685 görüntüleme • 5 ay önce

🚨🇺🇸 Interest expenses on the debt have already surpassed the entire U.S. defense budget, a traditional indicator of an empire in terminal trouble. Professor Steve Hanke warns that the U.S. is facing a historic "regime uncertainty" as the national debt becomes fundamentally unsustainable. He's calling for a constitutional convention to implement a debt break and prevent a permanent economic flatline. "This will go down in history, by the way, as a major pockmark on Trump's presidency." The economic fundamentals of the United States are currently in a state of freefall.
4:28

🚨🇺🇸 Interest expenses on the debt have already surpassed the entire U.S. defense budget, a traditional indicator of an empire in terminal trouble. Professor Steve Hanke warns that the U.S. is facing a historic "regime uncertainty" as the national debt becomes fundamentally unsustainable. He's calling for a constitutional convention to implement a debt break and prevent a permanent economic flatline. "This will go down in history, by the way, as a major pockmark on Trump's presidency." The economic fundamentals of the United States are currently in a state of freefall.

Mario Nawfal

58,797 görüntüleme • 3 ay önce

"If Trump wins, we do have an opportunity to do kind of a once in a lifetime deregulation & reduction in the size of the government. America is going bankrupt extremely quickly. The interest payments on the national debt just exceeded the defense budget." 一 Elon Musk
1:38

"If Trump wins, we do have an opportunity to do kind of a once in a lifetime deregulation & reduction in the size of the government. America is going bankrupt extremely quickly. The interest payments on the national debt just exceeded the defense budget." 一 Elon Musk

DogeDesigner

19,696,435 görüntüleme • 1 yıl önce

⚡️U.S. national debt has surpassed a staggering $40 trillion for the first time That’s according to Reuters, citing data from the U.S. Treasury. And it’s not just the eye-watering total that’s a problem: interest payments alone are costing the U.S. more than $3 billion every day. The government is now spending more on interest than on the Pentagon, and in 2026, interest costs even surpassed Medicare spending. Michael Peterson, Chairman and CEO of the Peter G. Peterson Foundation, warns that the growing national debt is making loans more expensive for Americans and putting an increasingly heavy burden on the federal budget.
1:09

⚡️U.S. national debt has surpassed a staggering $40 trillion for the first time That’s according to Reuters, citing data from the U.S. Treasury. And it’s not just the eye-watering total that’s a problem: interest payments alone are costing the U.S. more than $3 billion every day. The government is now spending more on interest than on the Pentagon, and in 2026, interest costs even surpassed Medicare spending. Michael Peterson, Chairman and CEO of the Peter G. Peterson Foundation, warns that the growing national debt is making loans more expensive for Americans and putting an increasingly heavy burden on the federal budget.

NEXTA

36,507 görüntüleme • 2 gün önce

Former National Security Advisor of Japan Shigeru Kitamura joins Hoover Senior Fellow H.R. McMaster on Today's Battlegrounds to unpack Japan's emergence as a leader in economic statecraft and what deeper US-Japan cooperation means for supply chain security, cyber defense, and growing competition in the Indo-Pacific. Watch the full conversation on X:
52:54

Former National Security Advisor of Japan Shigeru Kitamura joins Hoover Senior Fellow H.R. McMaster on Today's Battlegrounds to unpack Japan's emergence as a leader in economic statecraft and what deeper US-Japan cooperation means for supply chain security, cyber defense, and growing competition in the Indo-Pacific. Watch the full conversation on X:

Hoover Institution

10,891 görüntüleme • 1 ay önce