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The Grant Williams Podcast · Tuesday, November 3, 2026

Clapham Warns US Government Borrowing and Debt Are Unsustainable

Steve Clapham highlights that the U.S. has borrowed short-term and faces mounting interest payments of nearly 100 billion dollars a month, calling the situation an unsustainable vicious spiral.

personSteve ClaphampersonScott BessentpersonGrant WilliamscompanyFederal Reserve

The tape

1 quote
“You've got, what, $40 trillion of debt, and you've got... $90 billion, $95 billion a month of interest to pay. Very soon, that's going to be $100 billion a month. And is... unsustainable”
Steve Clapham
Heard on The Grant Williams Podcast — “The Grant Williams Podcast Ep. 134 - Steve Clapham”, published Tuesday, November 3, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Clapham Warns US Government Borrowing and Debt Are Unsustainable — Heardvine