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The U.S. national debt is rising by $1 trillion about every 100 days
CNBC ^
| MAR 1 2024
| Michelle Fox
Posted on 03/01/2024 10:01:50 AM PST by george76
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To: Responsibility2nd
41
posted on
03/01/2024 12:52:16 PM PST
by
Responsibility2nd
(A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
To: george76
$50T is at the end of this decade....just as Dave Bratt calculated....
To: george76
43
posted on
03/01/2024 1:29:57 PM PST
by
Faith Presses On
(Willing to die for Christ, if it's His will--politics should prepare people for the Gospel)
To: george76
$37 Trillion by Christmas.
44
posted on
03/01/2024 1:38:57 PM PST
by
jimjohn
(We're at war, people. Start acting like it.)
To: C210N
IMHO, fort knox was emptied completely after WW2, So Goldfinger's plans were all for naught?
To: C210N
Ever since the Covid fiasco, I have been thinking that they intend to trash the old system, and bring in new currencies. As you point out, this has often been done in the past.
It will, I believe, be a greater transformation this time, with entirely electronic means of exchange, no cash, and therefore no anonymous exchanges.
46
posted on
03/01/2024 2:05:57 PM PST
by
BlackVeil
('The past is never dead. It's not even past.' William Faulkner)
To: rlmorel
“The people responsible for this are feathering their nests and planning their safe getaways.
We have dark times ahead”
These scumbags like pencil necked vote $$ stealing geek Zuckerberg are building their bomb shelters on their heavily guarded estates. Won’t help them in the end.
47
posted on
03/01/2024 2:12:00 PM PST
by
DAC21
To: george76
$10 BILLION a day of money they do not have to spend.
48
posted on
03/01/2024 2:24:41 PM PST
by
Blood of Tyrants
( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
To: george76
“Spend and borrow” economics have had their day - time to slash spending and eliminate “pro business” tax loopholes (such as on carried interest). Foreign aid is less than 1% of the budget so we as a nation have to think of where we want to cut.
49
posted on
03/01/2024 2:27:18 PM PST
by
Clemenza
To: george76
“Spend and borrow” economics have had their day - time to slash spending and eliminate “pro business” tax loopholes (such as on carried interest). Foreign aid is less than 1% of the budget so we as a nation have to think of where we want to cut.
50
posted on
03/01/2024 2:27:20 PM PST
by
Clemenza
To: rlmorel
If hyperinflation is near, saving money is a fool’s choice. Spend it on gold, silver, and copper-jacketed lead.
51
posted on
03/01/2024 2:30:49 PM PST
by
Blood of Tyrants
( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
To: rlmorel
Mostly because the government if giving away money we don’t have.
52
posted on
03/01/2024 2:33:11 PM PST
by
Blood of Tyrants
( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
To: Leaning Right
You mean like they did with SS?
53
posted on
03/01/2024 2:34:31 PM PST
by
Blood of Tyrants
( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
To: george76
54
posted on
03/01/2024 2:57:06 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: C210N
And we will lose every penny we have.
55
posted on
03/01/2024 3:43:01 PM PST
by
Shady
(The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
To: Shady
Unless you are in certain industries (child trafficking, drug trafficking, money laundering, etc), you will retain every penny you have, and then some.
You’ll get even more - your 1040 taxes all along was theft. You’ll get that back.
See the details on NESARA/GESARA.
56
posted on
03/01/2024 3:45:17 PM PST
by
C210N
(Mundus vult decipi, ergo decipiatur.)
To: george76
Makes Trump feel not so bad about the NY interest charge every day on his court loss.💸💸💸💸💸💸💸💸💸💸
57
posted on
03/01/2024 4:20:15 PM PST
by
frank ballenger
(There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
To: Angelino97
58
posted on
03/01/2024 4:23:28 PM PST
by
frank ballenger
(There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
To: Blood of Tyrants
It is insane. It leaves me speechless.
59
posted on
03/01/2024 7:26:43 PM PST
by
rlmorel
("The stigma for being wrong is gone, as long as you're wrong for the right side." (Clarice Feldman))
To: george76
To put this in perspective, there are around 336M US citizens. $1T every 100 days works out to very close to $3,000 per person in additional debt every 100 days. So if you have a family of four, you are taking on an additional $12,000 of debt every 100 days.
In addition, the US government has to refinance $11T in debt this year, at the much higher rates than it was last financed at. And lately there have been signs inflation is reigniting, which are delaying any talk of cutting interest rates. So a possible snowball effect is in play.
To many Freepers be like: "Government is out of control! It is corrupt! Imprisoning hundreds of political prisoners, censoring citizens, lawfare against Trump and anyone opposed to their agenda, which they are shoving down our throats! Endlessly increasing spending, most of which goes to line the pockets of the elites and pay welfare voters to keep them in power!"
Their wife: "Honey, we've got some extra money to invest this month."
Freepers: "I know! Let's invest in T-bills to help fund the government!"
Buy bitcoin folks. Thank me later.
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