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USA debt numbers.

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    USA debt numbers.


    Taken from the above. Before anyone accuses me of screaming "the sky is falling" I'd like FA's and anyone good with numbers/economics to try and compare these numbers to current wages or GDP..and then go back in time and see if we are really spending lots more now versus wages/GDP/debt at other points in history.

    "The US has added $100,000 in Federal debt EVERY SECOND over the last year.

    Since March 1st, the US has been adding a staggering $10 billion in debt PER DAY. That's $417 million per hour, $6.9 million per minute and $115,740 per second.

    As interest rate cuts are priced out, we could see $1.7 TRILLION in annual interest expense in just one year from now. Even if the Fed cut rates 6 times this year, interest expense will still hit $1.2 trillion next year. Ironically, the US government needs lower interest rates more than anyone."

    #2
    It's beyond infuriating. This just can't continue. They tax us and tax us just to give it to foreign countries and waste it on things we'd never approve of. This country is broken and I just wonder how long it takes to play out.

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      #3
      Its all pretend. Eventually though no one will be able to pretend anymore, and thats when **** will get weird.

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        #4
        House of cards. I feel sorry for my grandchildren.

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          #5
          The largest Ponzi in human history is starting to fall apart. Question is how long will it take to completely implode?

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            #6
            Originally posted by muzzlebrake View Post
            The largest Ponzi in human history is starting to fall apart. Question is how long will it take to completely implode?
            That's the question with a very tough answer.....I think they will just keep beating taxes out of us but even if they took it all it wouldn't be enough with all the taxes already they all get half.

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              #7
              I've been told the dollar is "strong"

              It's election year. Do you guys have your investments mostly in cash?

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