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To: ProtectOurFreedom
Look at the US Debt Clock app....in four years it will be $50 trillion. In eight years it will be $88.6 trillion with debt 277% GDP.

We need to print more money to pay off this debt. /s

75 posted on 04/27/2021 4:49:59 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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To: Repeat Offender

Remember all the hand-wringing just a few years ago when debt was hitting 100% of GDP? It was catastrophe, the end of the world.

The numbers you provided are really scary. Who will buy that debt? What happens when interest rates notch up a small fraction of a percent? What happens to the dollar?

Another FReeper I was chatting with a few days ago is shorting the US Dollar.


79 posted on 04/27/2021 5:53:58 PM PDT by ProtectOurFreedom (Real happiness is one that you share)
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