$10 Trillion in US Treasuries must be sold in 2024 - plus the current year 2024 shortfall of another $1+ Trillion .. the US federal government also pays ~ $1 TRILLION just in interest payments.. then the states and local debt over $200 Trillion.
This is all GOOD. It must happen this way. No worries, as not a red cent will ever be paid on it. Never has, never will.
Gold today, in terms of fiat TP “dollars”, is at a new high.
Soon, the US, much like the rest of the world will transition to a new monetary system, backed by PMs. And, catapulted by a failed fiat/FED/IRS/banksters/usury-based/fractional-reserve-based Ponzi.
Here in CA, Gavin Newsom told us that the state is running a 36 billion dollar deficit. Non partisan told us the next day it’s more like $63 billion. Last week the news reported it’s more like $74 billion.
One trillion; eh?
$1,000,000,000,000
Well, our population is a bit over 335,000,000 so that is a debt increase for YOU and me of about $2,985.07 every 100 days.
Let’s just say $30 a day.
What could YOU have bought, for yourself, with thirty bucks today?
Yesterday?
$210 bucks last week??
Almost a THOUSAND last month???