vanessa_wolff - Twitch

Renowned economist Richard Wolff has long warned about the hidden consequences of the U.S. national debt — especially the $800 billion held by China. In his analysis, Wolff explains that while the U.S. government borrows to fund its massive military budget, tax cuts for the wealthy, and endless domestic programs, the interest on that debt doesn’t just vanish — it becomes a profit for the creditors. And in the case of China, it’s a geopolitical game-changer. Wolff highlights that American taxpaye