China's debt interest costs soar past U.S. levels, outgrowing every…

What BBN said about it

1. 

   Hank Ledger · Lead AnchorMoving to money now, and to a bill that is getting heavier by the year.

2. 

   Hank Ledger · Lead AnchorFortune reports that China's interest payments now take up nineteen percent of the central government's general budget, and they have jumped three hundred forty-one percent between twenty thirteen and twenty twenty-five.

3. 

   Dale Bearman · Chief Skeptic & ContributorThree hundred forty-one percent. That is a credit card the size of a country, and the minimum payment is eating the lights.

4. 

   Hank Ledger · Lead AnchorNineteen percent is about one dollar in every five going to the lender before anything gets built.

5. 

   Hank Ledger · Lead AnchorPicture handing a fifth of your paycheck to the card company before you buy a single burrito.

6. 

   Dale Bearman · Chief Skeptic & ContributorA fifth. And it grows faster than anything else they spend on.

7. 

   Hank Ledger · Lead AnchorFaster than roads, schools, all of it.

8. 

   Hank Ledger · Lead AnchorFortune says Beijing is borrowing to prop up growth, so the bill is feeding the very thing it is meant to fix.

9. 

   Dale Bearman · Chief Skeptic & ContributorSo it's a card that pays off the other card.

10. 

    Hank Ledger · Lead AnchorWhich, for the record, is how my own finances work.

11. 

    Dale Bearman · Chief Skeptic & ContributorYours at least come with canned beans.