There are about 35,000 food and beverage processing centers in the US. So far in 2022, there are 100 documented fires. Looks fishy.
But, in 2019, the number of fires at all manufacturing or processing plants in the country topped 5,300—nearly 15 a day. Additionally, more than 2,000 fires occurred in agricultural, grain and livestock, and refrigerated storage facilities, which could all include food processing operations.
Now, I don't put it past the Bidet Admin to torch private agricultural infrastructure. They are the party that stood down/by when Antifa rioted two summers ago. But even if this WAS what you theorize that it is, they're really bad at it.
As for the interest burden on the appx $22t of net debt held by the public and the $392bn in net interest expense, that's a blended coupon of 1.77%. And on page 34, we see the interest rate breakdown...the $12.6tn of Notes have an avg interest rate of 1.4%, and the $3.7tn of trills have a 10 basis point coupon. The interest rate in the other debt won't reset. Today's yield curve places tbills at 2.2% and the medium term matures at 3%. Per page 23, $6t of notes and all bills reset/mature over the next year. Net-net, that's $173bn in more interest burden in fiscal 2022.
That's a lot of money. But it's not trillion in interest. And in the short run, until the adults return to power, it's manageable.
Let’s hope so.
I know enough about history that things can seem stable until they suddenly aren’t.