$34.6 trillion in US national debt and the current budget deficit is at ~$3 trillion per year.
Congress just passed another $1.2 trillion in spending with a package stuffed with pork and earmarks.
We are spending over $1 trillion per year on the interest on the debt, which is ~20% of all revenue collected by the govt each year. This is insane.
@NickMcCruz@unusual_whales I agree, but I’d be willing to bet most of Gen Z does not have the cash. So, they want a bombed economy with a struggle for a loan, and will probably get an ARM. Just guessing their tunnel vision is on sticker price and little else. Could be wrong tho
@AjTrader7 didn’t get to trade yesterday, so I missed the giant put profits on $FB, but walked in this am and made a quick $400 in 40 min…. I’ll take it!!