npub1ee…n6twl on Nostr: This pace is literally the death spiral. $1 trillion every 2 months = $6 trillion per ...

This pace is literally the death spiral. $1 trillion every 2 months = $6 trillion per year. Our budget is $6 trillion per year. That means our entire budget is deficit funded. (Roughly). nothing stops this train npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a (npub1a2c…w83a)

quoting
nevent1q…637u

US debt hits $38 trillion, 2 months after reaching $37 trillion - Fortune

by Scoresby in ~econ
401 sats and 2 comments so far

https://stacker.news/items/1262710