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In 2016, I took the average percent debt increase over GW Bush 8 years and the average percent increase over Obamas 8 years. I average those two numbers and applied the percent increase for the next 8 years assuming Hillary would win. I forecasted $32T at the end 2024.
I’m a dumb@ss when it comes to economics, of course I could not forecast a Trump win, Covid, Biden win and another Trump win. HOWEVER, here we are at $35T in 2025.
Last year, smart economist are predicting $50T in debt 8 years from now.
Sadly, only a handful of congressmen and a few senators are speaking up.
Controlled demolition.
amen… add willful
Even if all the savings and checking accounts (11 Trillion) were culled today there still wouldn’t be enough money to pay off the debt. So we understand why all the talk about the great reset, 95% population reduction, WW3, civil war, etc… Or do we?
The easiest way to resolve this is to just wipe all debt clean everywhere. Of course this will mean war but at least we will know why and not be told some BS story to cover up the real reason. To the victor go the spoils.
There is are assets nobody talks about. They have been held in trust since the 1930’s. They are the US gold and oil reserves. I mean the mountains of gold under the ground in California and Alaska. The silver in Nevada. The oil under Alaska and in the Gulf.
So this whole thing is BS. Nothing is as it seems. We are being played again.