Bill’s Commentary:
“The “evil empire”?”
Bill’s Commentary:
“What happens when you raise interest rates on the most overly indebted system in all of history?”
US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes
Earlier today, CNBC’s Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:
We’ve added 60% to national debt since 2018. Germany – a country with major economic woes – added ‘just’ 32%.
Maybe it will never matter. Maybe MMT is real. Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.
I have no idea. Only time will tell. But it’s going to be fascinating to watch it play out.
Read more here…
BillHolter.com 
It took the US 205 years to reach the first $1 Trillion deficit. We are now adding $1Trillion to our deficit every 100 days. Surely nothing can go wrong with that, can it?
LikeLike
Thank you pamelamoves@gmail.com
LikeLike