1 posted on
10/04/2022 1:50:44 PM PDT by
Olog-hai
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To: Olog-hai
National debt surpasses $31 trillion
—
And that’s just this week. And it’s only Tuesday.
2 posted on
10/04/2022 1:51:41 PM PDT by
Flick Lives
(FJB and the corrupt FBI)
To: Olog-hai
I remember people freaking out when it was only 3 trillion.
To: Olog-hai
$31 trillion in debt is criminal.
5 posted on
10/04/2022 1:54:05 PM PDT by
joma89
(Buy weapons and ammo, folks, and have the will to use them.)
To: Olog-hai
The welfare/warfare state chugs along.
6 posted on
10/04/2022 1:54:12 PM PDT by
mrmeyer
(You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
To: Olog-hai
7 posted on
10/04/2022 1:56:46 PM PDT by
Theoria
To: Olog-hai
This is why any and all threats to the primacy of the US Dollar in all global markets must be destroyed before they can arise.
8 posted on
10/04/2022 2:00:10 PM PDT by
PGR88
To: Olog-hai
9 posted on
10/04/2022 2:01:03 PM PDT by
Varsity Flight
( "War by the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
To: Olog-hai
10 posted on
10/04/2022 2:01:05 PM PDT by
Magnum44
(...against all enemies, foreign and domestic... )
To: Olog-hai
"Gimme a break"
-Joe Biden, on spending.
11 posted on
10/04/2022 2:05:55 PM PDT by
blackdog
("That's an applause line you useful idiots" )
To: Olog-hai
This is the most recent chart I can find, through 2021.
Today's debt is $31 trillion while GDP is circa $23 trillion.
That ratio is 135%, the highest in history.
12 posted on
10/04/2022 2:06:49 PM PDT by
BroJoeK
(future DDG 134 -- we remember)
To: Olog-hai
What a headline. “For the first time in history”
Gee when it was 4 trillion it was for the first time in history. It is not like it has ever decreased since then. And there will never be second times. It is just going to go kaboom and that will be it.
13 posted on
10/04/2022 2:08:31 PM PDT by
Revel
To: Olog-hai
We’re number one! We’re number one! We’re number one!
14 posted on
10/04/2022 2:11:01 PM PDT by
DesertRhino
(Dogs are called man's best friend. Moslems hate dogs. Add it up..)
To: Olog-hai
Stocks roaring up the last two days.
All the while, the US economy continues to implode, gas prices on the rise (despite WH claims otherwise), OPEC talking cuts from 1M to 2M barrels a day in a counter move to price cap oil via the US/UK/NATO/EU, EU still economically imploding, UK economically imploding, etc., etc., etc.
Did I say that the stocks have been roaring up the last two days? /s
15 posted on
10/04/2022 2:11:19 PM PDT by
cranked
To: Olog-hai
This chart goes all the way back to Revolutionary War era, but does not include the debt-explosion since 2020:
16 posted on
10/04/2022 2:12:32 PM PDT by
BroJoeK
(future DDG 134 -- we remember)
To: Olog-hai
About five light years give or take with miles expressed as dollars.
17 posted on
10/04/2022 2:12:37 PM PDT by
SpaceBar
To: Olog-hai; All
"National debt Unconstitutional, unaccountable federal funding for alleged election-stealing desperate Democrats and RINOs surpasses $31 trillion"
There! Fixed it.
To: Olog-hai
While it seems like it’s just a number, the real impact of the debt is the interest payments. Now, it’s about $400 billion per year, or 7% of the total budget. With rising interest rates, and more debt added each year, in 10 years the interest on the debt will be more than a trillion dollars per year. That means that if all new government spending was balanced by tax revenues, we will still have a trillion dollar deficit.
To: Olog-hai
31trillon dollars!!
That would be a stack of fresh 100 dollar bills stacked 19,840 miles high. Yes miles.
Unbelievable and only our government could spend this much money.
21 posted on
10/04/2022 2:32:19 PM PDT by
Recompennation
(Don’t blame me my vote didn’t count so mee s)
To: Olog-hai
Just imagine where it would be without all that Biden deficit reductions.
22 posted on
10/04/2022 2:34:45 PM PDT by
pas
To: Olog-hai
National debt of Russia, 410 billion. … 1.3-% of ours. And now you know why western bankers despise Putin. Nations willing to be leaders up with debt make them very happy. All wars are about money… every single one.
23 posted on
10/04/2022 2:35:07 PM PDT by
DesertRhino
(Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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