Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

Federal debt explodes on 1st day of the new fiscal year, jumping $204 billion to new record of $35.669 trillion, but it gets worse: Treasury also had to draw down its cash balance by $72 billion - that's over $275 billion in the red in only the first day.

Total US debt has exploded to $35.7 trillion—up $345 billion in just 3 days.

That's 1/4 of bitcoin's market cap added to the national debt in a single weekend.

Where is the money going?

- $24,400,000,000 to Ukraine.

- $11,300,000,000 to Israel.

Debasement accelerating.

When I see this I feel I need more BTC

Files

Previews only

Comments

Beetsme

Look at the scaling. Only goes back a little over 3 years. That is considered a misleading graph. Also the y axis is scaled to only show part of the graph. Please, do post graphs that tell more of the story than just a snapshot of a graph. That is considered misleading. Any basic stats class will go over this. Hard to really know what the story is if you only get a glimpse at one little part of it.

Duncan

dyor. It's publicly available.

onedollaretc

Dear Kamala voters: Are you all blind or stupid? neither is good. Answer this and swear to your God that you'll answer truthfully: "Are You Better Off Now Than You Were 4 Years Ago?"

SuperRock

James, with the due respect, putting Israel in the same bucket as Ukraine is.... I don't even have words to describe!! So, have you considered the help Israel gives to US since beginning of war by buying from American companies, like LM?? Plus the absolutely crucial Intel Mossad and other agencies give to US for FREE?!?!? I guess you have not considered that!! If you guys were more clever and taken the advice of Israel, just an example of many I could give, 9/11 could have been prevented, but anyway, not even going to go there!! Moreover are u aware that US created the conditions for the war to start?? I guess you also didn't consider that!! Do not put Israel on same bucket as Ukraine as they are two completely different things, and one country only sucks money out whereas the other country gives a lot to the US and what over the years the Jews gave to the US, for instance in scientific research and advancement is far more than any money can pay!! Maybe you should focus on how much demented Biden is spending for instance In Philadelphia and other places sponsoring drug addiction, and other issues!! Anyway, Israel always was and always will be the perfect scape goat for the problems of others, so... nothing new here! Pray for peace guys! The times ahead I can almost certainly guarantee, will be rough!

Bayra

Tell me what's the difference between Israel and Ukraine situation? Are you suggesting that US should support Israel but not ukraine? So selfish dont stain Jewish people.

Bayra

Because of Trump's presidency disaster Biden inherited bad economy. Biden finally fixed it. Don't want any Trump economy disaster again

BRIAN BAGZ

Jesus all, he was just pointing out where $ was going at the moment. All you cats get too worked up and make it political. Sheeesh. Go pour a drink and relax

Cray

Emotional replies are feminine

Cray

The Matrix is real

Thunder Sol

I think its all part of a longer master plan. Cause wars..ukraine, middleast, next taiwan....get America and europe to financialy commit overlong period of time, debase the euro and dollar...and BRICS prevails.....and all at the cost of human suffering. Such a shame .

JohnC

In terms of the election, the Wharton School Analysis of Harris and Trump Proposals: the Harris campaign proposals would increase primary deficits by $2.0 trillion the Trump campaign proposals would increase primary deficits by $4.1 trillion In terms of deficit spending (a bad idea but these are the choices): Harris is more sober, Trump will spend like a drunken sailor.

Step Ahead

The Great MeltUp is beginning to happen. Once they turn on the money printer they’re choosing hyperinflation rather than deflation.