Readit NewsSignificant rollovers are expected from April through September 2025, with additional short-term maturities due by June.
Higher interest rates significantly complicate US' ability to refinance. The cost of servicing this debt — paying interest rather than reducing principal — is already a major budget item, surpassing Medicare, approaching Defense and Social Security levels.
If rates don't come down soon it locks in higher costs for years. The country is at risk of a debt spiral.
How can rates come down? The present uncertainty around tariffs and a potential crisis could create conditions that pressure interest rates downward before those Treasury securities mature, by influencing Federal Reserve policy.
Treasuries are considered safe during such crisis. Increased demand for Treasuries pushes their prices up and yields down, effectively lowering interest rates.
What are the flaws in this thinking?
Reacting to an animation where a gross critter "learned to walk using AI" instead of being animated by a person 8+ years ago, and ended up using its head as a leg
https://www.youtube.com/watch?v=ngZ0K3lWKRc
It has nothing to do with the current image generation topic beyond the "AI" label being stuck on both of them
Which is not to say I expect he's thrilled about ChatGPT cloning the art style on a mass scale, but that quote that everyone keeps reposting doesn't have anything to do with it
Thinking about EInkBro [0] as the browser or ReLaunchX [1] as the launcher, even KOReader as document reader.