Dire Forecast for US Debt

[GoldenEye]

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be reversed........................................................

CBO Issues Dire Forecast For US Debt | Armstrong Economics

https://www.youtube.com/watch?v=ARBduyoXsP4

www.armstrongeconomics.com

 

[STKR]

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be reversed........................................................

CBO Issues Dire Forecast For US Debt | Armstrong Economics

https://www.youtube.com/watch?v=ARBduyoXsP4

www.armstrongeconomics.com

Except the US can't default and other countries are printing at similar rates, diluting their currency at an equivalent or higher rate than the US.

 

[alor]

when 200B USD can't buy what you wanted, like high end chips
you decided to stop all the buying of cattle feeds

 

[Silver Soul]

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