84superchamp
Well-known member
just to pay the interest on the national debt (US). I heard it in a news clip and wondering if it’s true and correct?
NowYou'rePlayingWithPower
Well-known member
D20
Active member
Geez that’s crazy!
G
Geo
Well-known member
$100,000 per second.
G
Geo
Well-known member
Everything is rigged, the stock market, elections, the dollar.
But you know what can't be rigged.
But you know what can't be rigged.
rsm
Well-known member
they've already spent our tax money for everyone alive in the US today, plus taxes for at least 2 generations that haven't even been born.
(I may be exaggerating, or maybe not)
(I may be exaggerating, or maybe not)
H
harddriver
Well-known member
The debt service (INTEREST) has also exceeded the NATIONAL DEFENSE BUDGET and Medicare costs.......Please STOP NOTICING!
https://www.crfb.org/blogs/interest-costs-just-surpassed-defense-and-medicare
In the first seven months of Fiscal Year (FY) 2024, spending on net interest has reached $514 billion, surpassing spending on both national defense ($498 billion) and Medicare ($465 billion). Overall spending has totaled $3.9 trillion thus far. Spending on interest is also more than all the money spent this year on veterans, education, and transportation combined.
https://www.crfb.org/blogs/interest-costs-just-surpassed-defense-and-medicare
In the first seven months of Fiscal Year (FY) 2024, spending on net interest has reached $514 billion, surpassing spending on both national defense ($498 billion) and Medicare ($465 billion). Overall spending has totaled $3.9 trillion thus far. Spending on interest is also more than all the money spent this year on veterans, education, and transportation combined.
G
Geo
Well-known member
Time for a reset.
67mike
Well-known member
My understanding is it is impossible for the US to repay its debt.
That makes some people very rich and powerful.
Only way to fix it is systemic collapse and reset the dollar to gold like it was prior to 1972.
Edit....I was also told it is possible to monetize the debt with crypto....but ghat is way over my head.
That makes some people very rich and powerful.
Only way to fix it is systemic collapse and reset the dollar to gold like it was prior to 1972.
Edit....I was also told it is possible to monetize the debt with crypto....but ghat is way over my head.
70 Mach 1
Well-known member
Its a fucking God damn joke.
No administration can end it or control it.
Or do anything positive about it.
Let it ride.
All I want in life is $2 gas a solid growth S&P and Dow.
Throw in a 40yo Natalie Wood look a like and I'll die a rich bitch.
Because thats what she would make me
No administration can end it or control it.
Or do anything positive about it.
Let it ride.
All I want in life is $2 gas a solid growth S&P and Dow.
Throw in a 40yo Natalie Wood look a like and I'll die a rich bitch.
Because thats what she would make me