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Jason Kenney: U.S. debt interest costs now exceed defence spending

Jason Kenney: U.S. debt interest costs now exceed defence spending
U.S. debt interest now tops defence

Jason Kenney points out that a major inflection point in the decline of empires occurs when debt interest costs surpass defence spending.

According to Kenney, this situation began for the U.S. last year.

Kenney previously warned that replacing Canada's $200 billion oil and gas exports with renewables could threaten economic stability, according to a recent article. He has also criticized Canada's slow economic growth despite strong energy prices supporting the energy sector, as noted in a separate report. His latest comments come as he continues to draw attention to economic pressures on North American governments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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