The Chart is out of date. National debt is now $36.2 trillion and our glorious leaders just jacked up the debt ceiling by another $5 trillion. The debt is now on automatic pilot to reach $60 trillion in the next 10 years, and that is assuming no new fake pandemic, no new wars, no recessions, and no other pitiful excuse for spending more of your money.
Can the debt really reach $60 trillion without collapsing our financial and monetary system, while plunging the country into chaos? Ten years ago when the debt was $18 trillion, I would have said it couldn’t double to $36 trillion in ten years without collapsing the system. Well, here we are. Eventually we’ll have to sit down to a banquet of consequences. But tomorrow I’ll go to work, just like I’ve been doing for 40 years.Â
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