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1 posted on 12/11/2023 6:39:44 PM PST by davikkm
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To: davikkm
No problem. Just print more money.
We critically need more aircraft carriers, F-35s, money for "struggling families" (illegals) etc.
2 posted on 12/11/2023 6:42:26 PM PST by anthropocene_x
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To: davikkm

low interest debt gets rolled over at higher rates
Moar interest payments

Buckle up


3 posted on 12/11/2023 6:43:22 PM PST by Steven Tyler
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To: davikkm

We’re in a real bad place, now. It won’t go or end well, for us.


4 posted on 12/11/2023 6:49:35 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: davikkm
In a concerning development, approximately one-third of the U.S. government’s debt is slated to mature in the next 12 months

The US government will need to sell about $10 trillion in bonds in 2024. There won't be nearly enough buyers on the open market to purchase all those bonds. In 2024, we'll reach a point that the Federal Reserve must fund day-to-day operations of the US government with printed money. US inflation problems have only just begun.

5 posted on 12/11/2023 6:50:59 PM PST by Right_Wing_Madman
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To: davikkm

“Dilemma”? Who are they kidding? Just roll it over. Ad nauseam.

Can, meet the road and foot.


6 posted on 12/11/2023 6:57:18 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: davikkm

Interest on the National Debt is now over one trillion dollars. I can still remember a time when the entire federal budget was less than that.


9 posted on 12/11/2023 7:41:24 PM PST by Nateman (If the Pedo Profit Mad Moe (pig pee upon him!) was not the Antichrist then he comes in second.)
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