The Great American Borrowing Crisis: A Ticking Time Bomb
— Jim Willie (@dr_jimwillie) October 5, 2024
In a jaw-dropping move, the U.S. government has borrowed a staggering $382 billion in just five days. This isn’t just a number; it’s a flashing red light signaling an impending fiscal disaster. The average American family… pic.twitter.com/Z6NTwr2Jf9
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Hey here’s a thought. There could be a world war to kill off our creditors. There could be a plan to nationalize the banks to wipe the debt clean. Hmm. No, the plan is going to be, tax everybody to death, then confiscate everything they own, and make them work for food. Feudalism and slavery were the most lucrative economic systems in history. When that doesn’t work it’s lights out on humanity.
Like hell it is…
By my bad math and at that rate it’s $1.146Trillion in 15 days. $27Trillion in a year.