Bill’s Commentary:
“The Debt clock”
Bill’s Commentary:
“The progression of US Treasury debt since 1929”
U.S. National Debt by Year
National debt is the outstanding financial obligations of a country. The national debt of the United States is what the federal government owes to its creditors.
The U.S. has always carried national debt, and the majority of presidents have added to it. However, total national debt has been expanding rapidly since 2008 due to a combination of increased government spending and failure to raise taxes.1
Understanding the National Debt
The federal government borrows money to cover outstanding expenses that accumulate over time. Funds for federal spending are mainly generated by collecting taxes on personal and corporate income, payroll earnings, and borrowing.
Bill’s Commentary:
“W, not even a Band-Aid, they are now down to chewing gum…”
Bill,
Heaven knows, not even the Fed wants to own the Treasury Bonds! Temporary Repos only. Perhaps Christie's can auction them off as a nostalgic relic of bygone days?🤣
Wolfgang
https://x.com/i/status/2085364546881896595
BillHolter.com 
Thank you – soon everyone will be shopping at the $1.25 stores 😵💫. pamelamoves@gmail.com
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