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Alarming levels of global debt (Patreon)

Published:
2024-08-22 17:38:08
Imported:
2026-06
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Global debt levels are increasingly alarming, and we have surpassed the point of no return.

It does not matter where you are on the planet.

This is precisely why we #Bitcoin.

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Unrekt+

Any rational discussion about national debt should include the baby step of balancing a budget for a single fiscal year. This would include a combination of spending cuts AND tax increases. The fact that many here want further tax cuts tells me the desire to reduce the debt is not genuine. They are all about increasing their wealth to the detriment of the currency.

Krishna

Milton Friedman said it best: “Keep your eye on how much the Government is spending, because that is the true tax. There is no such thing as an unbalanced budget. You PAY FOR IT either in the form of taxes, or indirectly in the form of inflation or debt.”

Tom

World has been out of control ever the since the bad orange man left :(

onedollaretc

The only way Trump can win in a landslide is how to convince this dumb vote voters that are you that ignorant to accept the bribes that the Dems offered; $25K for first time home owner, student loans forgiveness, go after price gauging, tax on unrealized capital gains, supporting Hamas protesters, soft on crimes, open borders and on and on. I do not want to believe that most Americans are this dumb. With that as a backdrop i am convinced Trump will win huge in November..

B rizzle dizzle

is there ANYONE in the positive or at inflation at least?

Paul O
>>147299397

💪🏻 BTC Don’t forget the gimme mo freebie types actually believe the price gouging theory of inflation 🤣 we are being propagandized…why is there a rally in the bond market? 🤔 could it possibly be becud the fed/treasury is buying up all the debt? currency devaluation yo all the way.. All we get out of the communists comrade Brandon comrade Kamala and their appointed secretary of treasury is the Orwellian tactics fake data, more propaganda, more lies and trickery. I have faith they’ll be voted in again bc they promise all the freebies you could want!!! Poisoned chalace yo, the freebies ain’t comin without serious negative consequences!!! Shooting themselves in the foot 🦶

Paul O
>>147295089

“I could end the deficit in five minutes. You just pass a law that says that anytime there’s a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.” Warren Buffet

Vlcoun

FALSE NUMBERS ALERT The very first row, USA: Debt 35 / GDP 28 is NOT 90%. It's 125%!! This renders the whole tab questionable. Where is uno error, there are likely more errors.

MarkusMaximus

I’m in Bora Bora, so I’m doing fine thanks 😂

S S
>>147296607

He didn't help the situation one bit. His tax cuts are still a huge part of the problem

Ricky

I don't understand how the whole world can be in debt. Who holds the paper? The Xenomorph Queen? Once everyone defaults will she repo the planet?

Rob

Maybe the US should give $25000 to everyone that wants to buy a house LOL

Daniel Belmer

The Netherlands doing great 2020 435 475 796 530 54,7% 2021 449 659 870 587 51,7% 2022 480 548 958 549 50,1% 2023 481.000 1 034 000 46,5%