After total US debt was stuck at $22 trillion for five months, from March until August, until a deal was cobbled together by Congress to once again raise the debt ceiling, the obligations of the Federal government have soared fast and furious, and in just the past three months, total US debt increased by $1 trillion, surpassing $23 trillion as of Halloween 2019: truly a scary testament to America's insatiable thirst for debt.
and unlike your normal, regular, everyday term 'leverage' which means something that gives you advantages, in economic and financial terms 'leverage' has entirely different not just connotations but meaning as well.
so if you're an american, then you're leveraged.
hard.
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post didn't die in a fire!
And yet the morons hand out over 2 trillion dollars a year to the goons in the military industrial complex, and the people get absolutely nothing in return but blowback, failed invasions and endless problems.
Originally posted by -SpectraL
And yet the morons hand out over 2 trillion dollars a year to the goons in the military industrial complex, and the people get absolutely nothing in return but blowback, failed invasions and endless problems.
And does debt even matter, when you have crooks who can just print new money off the printing presses like it's monopoly money? Only costs the paper being printed on.
Originally posted by -SpectraL
And does debt even matter, when you have crooks who can just print new money off the printing presses like it's monopoly money? Only costs the paper being printed on.
you think so but then you'd be wrong, sore and mistaken.
“As noted in the Congressional Budget Office’s recent outlook, the federal budget is on an unsustainable path with high and rising debt,” Jerome Powell cautioned members of the Joint Economic Committee.
Cly
African Astronaut
[foredate your moneyless friar's-cowl]
Originally posted by vindicktive vinny
“As noted in the Congressional Budget Office’s recent outlook, the federal budget is on an unsustainable path with high and rising debt,” Jerome Powell cautioned members of the Joint Economic Committee.
Originally posted by Jiggaboo_Johnson
Having a credit card issued to you doesn't mean you are in debt…I've got 6 or 7 credit cards and ZERO debt. I make the credit cards work for ME.
Stay in school kid.
english man brazenly displays his failure @ his own native language.
