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To: Angelino97

I don’t buy the 20 year figure. The debt is increasing exponentially. We are currently adding a trillion dollars to the debt every 100 days. And that figure is increasing.


28 posted on 03/11/2024 8:20:24 AM PDT by circlecity
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To: circlecity

The debt is increasing exponentially. We are currently adding a trillion dollars to the debt every 100 days. And that figure is increasing.

+++++++++++

Oh, he feels the piston scraping
Steam breaking on his brow
Old Charlie stole the handle
And the train it won’t stop going
Oh no way to slow down


57 posted on 03/11/2024 10:52:28 AM PDT by mund1011 (We can ignore reality, but we cannot ignore the consequences of ignoring reality)
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To: circlecity
I don’t buy the 20 year figure. The debt is increasing exponentially. We are currently adding a trillion dollars to the debt every 100 days. And that figure is increasing.
While I certainly agree on the sentiment, I don't buy the $1T increase every 100 days.

Each quarter there are financial instruments to be paid out and others to be bought, so the amount added to the ND varies.

The bad news is, as you suggested, the costs associated with those transactions will only keep increasing.

I don't buy that we have 20 years more to party, either.

60 posted on 03/11/2024 11:03:04 AM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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