THE DEBT BOMB IS TICKING Federal Reserve Governor Christopher Waller just sent a shockwave through the financial system. In plain language: the United States government is burning money like a gambler on a bender—and the markets have had enough. Waller told FOX Business that investors were expecting some form of fiscal restraint from the Republican tax plan. What they got instead? More red ink, more debt, more madness. “They thought it was going to be much more in terms of fiscal restraint… they’re not seeing it.” That’s Swamp-speak for: “We’re screwed.” The result? Investors are dumping Treasurys unless they’re bribed with higher yields. That means you—the taxpayer—are on the hook for even more interest payments. It's a vicious cycle fueled…
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