“As interest costs go up in the United States, you get in this vicious circle, where higher interest rates cause higher funding costs, cause higher debt issuance, which cause further bond liquidation, which cause higher rates, which puts us in an untenable fiscal position.” -- Paul Tudor Jones, October 10, 2023

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Defense Secretary Lloyd Austin said Saturday that the wars raging in the Middle East and Europe, coupled with increasingly brazen “bullying” by China, have underscored the need f