@LynAldenContact Would you view sub 2% growth with sticky inflation as a stagflation signal — and historically, how do scarce assets perform in that regime?
@brian_armstrong A lot of building going on! 2026 will be the year of new crypto products and services that will change the way we interact with businesses and information. The merge of web 2 and web 3 is fast approaching.
@profstonge Take that $2000 a person and pay down the debt!!! In the end a better outcome for us all, instead of all that money going right back to the corporations. (Most ppl will spend it on BS)
BREAKING: The US Treasury posted a $345 billion budget deficit in August, the largest monthly deficit of 2025 and the 2nd-worst August on record.
This is up from July’s $291 billion deficit and has only been surpassed by last year’s $380 billion deficit.
Government spending surged to $689 billion for the month.
Through the 11 months of FY2025 so far, the US deficit is now up to $1.97 trillion, on track to be the 3rd-largest annual deficit in history, after 2020 and 2021.
The deficit spending spiral is accelerating.