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U.S. debt will rise by more than $5 billion β every single day for the next decade
MarketWatch ^
| Aug. 5, 2023
| Steve Goldstein
Posted on 09/15/2023 4:24:00 PM PDT by RicocheT
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We taxpayers will be milked like cows to cover the growing U.S. public debt and so will our adult kids and our grandkids. Government spending is out of control and the growing federal debt is just papered over by printing dollars or adding digital dollars to the federal debt. Pretty soon other countries will not accept our dollars. The next world reserve currency will be the Chinese Renminbi, RMD.
1
posted on
09/15/2023 4:24:00 PM PDT
by
RicocheT
To: RicocheT
The next currency will be sticks and stones
2
posted on
09/15/2023 4:25:33 PM PDT
by
al baby
(I know its the way the measure the cooling capability )
To: RicocheT
Debt to ourselves
Prices through the roof.
3
posted on
09/15/2023 4:28:42 PM PDT
by
Varsity Flight
( See"War byππ the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
To: RicocheT
On the plus side, anyone who invests in wheelbarrow company stock now will probably do quite well.
4
posted on
09/15/2023 4:34:55 PM PDT
by
Leaning Right
(The steal is real.)
To: RicocheT
We need to wipe it all clean and start over. Seriously. With laws banning deficit spending unless Congress has declared a state of war.
5
posted on
09/15/2023 4:41:42 PM PDT
by
ClearCase_guy
(They say "Our Democracy" but they mean Cosa Nostra.)
To: al baby
6
posted on
09/15/2023 4:47:38 PM PDT
by
frank ballenger
(You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
To: Leaning Right
Photo....
Candy store clerk: Do you want the regular or spearmint pack of gum, sir?
7
posted on
09/15/2023 4:49:22 PM PDT
by
frank ballenger
(You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
To: RicocheT
The entire country has been completely mismanaged by the ruling class, most of which are professional lawyer politicians.
If I ran my life like those in government run the country, I’d be in debt for life, bankrupt and living under a freeway overpass.
8
posted on
09/15/2023 4:52:35 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: RicocheT
It’s no problem. We’ll just print more money to buy more T-Bills to buy more debt. We can pay it off in no time!
9
posted on
09/15/2023 5:08:03 PM PDT
by
monkeyshine
(live and let live is dead)
To: RicocheT
The Federal Government now spends more money on Social Security, Medicare, interest on the National Debt, and defense than it collects in taxes. So without cuts to those categories, even if the government totally eliminated all other spending, the budget still wouldn’t balance.
10
posted on
09/15/2023 5:26:26 PM PDT
by
Theoria
To: RicocheT
Itβs not enough to ensure Zelensky is happy.
11
posted on
09/15/2023 5:29:28 PM PDT
by
hardspunned
(Former DC GOP globalist stooge)
To: RicocheT
The monthly treasury report says we had a $89B surplus in August 2023 How?
12
posted on
09/15/2023 5:39:17 PM PDT
by
griswold3
(Truth, Beauty and Goodness )
To: RicocheT
Cut gov spending to match the receipts. Shut it down if necessary.
13
posted on
09/15/2023 5:39:26 PM PDT
by
fruser1
To: RicocheT
This is what a bankrupt failed nation looks like.
To: RicocheT
It’s okay, the government supports giving hundreds of billions to Ukraine, it’s all good.
15
posted on
09/15/2023 6:13:37 PM PDT
by
yuleeyahoo
(The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
To: RicocheT
Our resources will be taken to pay for the debt.
The environmental wackjobs will find out they were used
16
posted on
09/15/2023 7:28:59 PM PDT
by
South Dakota
(Patriotism is the new terrorism )
To: RicocheT
Bankruptcy here we come and sooner the better!
To: RicocheT
The uniparty’s plan was to bankrupt us all along to usher in communism.
Buy weapons and ammo and prep, folks. The bottom will fall out and it will be sudden.
18
posted on
09/16/2023 2:35:42 AM PDT
by
joma89
(Buy weapons and ammo, folks, and have the will to use them.)
To: griswold3; All
19
posted on
09/16/2023 3:11:05 AM PDT
by
Drago
To: Drago
If you look at the figures, feds only spent $193,875B
20
posted on
09/16/2023 4:39:18 AM PDT
by
griswold3
(Truth, Beauty and Goodness )
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