(From the article):" Economists Ken Rogoff and Carmen Reinhart carried out a long historical survey going back 800 years,
looking at individual countries, or empires in some cases, that have gone broke or defaulted on their debt. They put the danger zone at a debt-to-GDP ratio of 90%.
Once it reaches 90%, debt becomes a drag on growth."(Emphasis mine)
Meanwhile, we’re looking at deficits of $1 trillion or more, long after the pandemic subsides."
My comment : We have an open border to our South, at the insistance of the Dims, and thousands of immigrants are streaming across the border each day,
and they aren't even being tested for covid-19, after traversing Mexico, which has higher number of covid victims than what we have.
So, what does that mean ?
It means we will never have covid under control until after the border is closed, or all immigrants are tested for the virus.
Our government and the scientists are leaving us vulnerable to an indeterminate covid quarantine, mandatory masks, or constant covid vaccines for ever changing virus mutations.
Remember way back when the scientists called for a two (2) week quarantine ? They keep changing the goal posts !
Cloward - Piven. Collapse the system by flooding it with every thing you can think of to overwhelm it and make the collapse happen sooner rather than later.
I read several months ago, that if Gold was priced correctly, it would be 11,000 bucks per oz.
Thanks for the PING.
Buy lead & brass; gold is worthless crap to throw against southern invaders.
Take some gold you to local 7/11, and try to buy anything. You’re starving. They have no scales to measure/convert diddly-squat.