Shocking stat of the day:

Annual interest expense on US debt has reached $1.2 TRILLION over the last 12 months.

In other words, the US is now paying $3.3 BILLION in interest per day.

Annual interest expense has now surpassed health and defense expenditures by ~$300 billion.

Interest costs are also now the second-largest government expense, just ~$300 billion below Social Security.

As a result, interest payments reflect ~18% of all taxes paid, just shy of a record 19% seen in the 1980s when interest rates were as high as 19%.

Interest on federal debt is our biggest crisis.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

JUST IN - Trump says he might support Iran-Israel ceasefire

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

IRAN FEEDS: "Large forces of the police were dispatched to the beach in Rishon Lezion after identifying a suspicious vessel."

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

IRAN FEEDS: "The event in Roshaniec involves a suspicious drone.

There is no concern about infiltrating . "

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

JUST IN: 🇮🇷🇺🇸 Iran says "we do not know how we can trust the Americans anymore."

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

🎯🎯 SanchezMemez

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

The US labor market is deteriorating beneath the surface:

Full-time employment plummeted by 623,000 in May, posting the 4th largest monthly decline in 5 years.

This was also the 2nd monthly drop this year.

As a result, full-time employment's share of the labor force fell to 79%, the lowest since August 2021.

This ratio has been declining for 3 years now.

Declining labor intensity indicates softening demand for full-time workers.

Cracks in the US job market are becoming increasingly apparent.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Reported aftermath of an Israeli airstrike in the Iranian city of Shiraz tonight.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

IRAN FEEDS: "Trump a few hours ago: "I was supposed to receive the Nobel Peace Prize already four or five times.""

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

IRAN GOVT: "A new Iranian cruise missile enters military service

A locally developed missile with precise range and advanced capabilities, reflecting the rise of Iranian defense capabilities in the face of threats "

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

🇮🇷❌🇮🇱 Video of the launch of the 17th Iranian missile salvo towards Israel which happened a few hours ago.

📝 The yellow missiles are Ghadr/Qadr-110 medium-range ballistic missiles designed and developed by Iran developed in the late 2000s meaning it is far from being Iran's most advanced class of ballistic missiles.

Despite Israeli and American claims of air superiority, the missile launch happened in broad daylight, with the launchers grouped close to each other.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

IRAN FEEDS: "🔻The moment a cruise missile passed that reached Haifa a little while ago somewhere in Iraq"

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Greta 7 yr delta. 😆

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

BREAKING: There’s a 50% chance a US-Iran nuclear deal will happen — and a 50% chance it won’t, per Polymarket

What's your take?

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶