The U.S. debt is not sustainable - Shame on Every Member of Congress over the last 20+ years, in particular, ALL of them - This is going to be one Spectacular Crash! - Sooner Rather Than Later! #USDebt#NationalDebt
The U.S. government ran a budget deficit in May of $293 billion, well above estimates and up 32% from a year earlier. The government also paid a record $133 billion in interest, a 44% YoY jump. Annualized, that's $1.6 trillion in interest, 30% of tax receipts! Disaster awaits!
@anders_aslund Next up, Socialism (Just Guessing), as the pendulum swings from one extreme to the next. America has never been this bad and is probably going to be a lot worse in the future.
@Microinteracti1 Might trump 'sell out' America; ie. telling Xi Jinping that he can 'take' Taiwan, in exchange for helping him get the Strait of Hormuz reopened?
@MarcoFoster_ I wonder what it would be like to have an Articulate, Measured, Intelligent & Respected President again; last one we had was President Obama
@Microinteracti1 This is what you get with a GOP Congress that has recused itself of its duties & a divided country, which started many years ago. We will be lucky if we have a fair election (or one at all) - Signed: Raised, Republican; Current, Independent; Future (2026) Never to vote again