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.... and there it is $36 TRILLION (Patreon)

Published:
2024-11-16 17:58:39
Imported:
2026-06
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Content

US National Debt just hit $36 Trillion

US Govt spending like there is no tomorrow.

The more debt we have the less your money is worth

Get Some BTC

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Comments

Tassiegirl

I like Cynthis Loumis' idea of swapping gold reserves for btc!

Zachery Dacuk

What does this graphic look like if it includes a breakdown of tax revenue as well as other revenue?

Christy

Not a pretty picture

Simon Price

Oh wow. To count to that number would take 1.14 million years

RocketBrew

Might want to get some in case it catches on.

Tremil D

James, Never hear you talk about GDP to debt ratio, which has been going down since it hit a high back in 2020(?). Many borrow to invest and increase profits. Wait til GDP equity ratio goes up over the next few yrs as GDP slows with growing debt. That’s the real worry, less so an economy that’s at least growing with debt. Bitcoin isn’t a real solution, sure it would help. If the US could increase supply held to 5% and bitcoin 11x to $1 Million, that’s still only 3% of the current debt. I’m really curious how this would effect USD as the global reserve currency.

Chewie

Let's see if Trump cements himself as The Bitcoin President by making BTC as USA Strategic Reserve and more Bitcoin (& crypto) friendly. That may, just may save US! Even braver would be link USD to Bitcoin but doubt that Regardless, all Roads Lead to Bitcoin.

onedollaretc

The nation is going to deep hole toilet, and 75% of its population are obese, they 're going to the toilet even faster.

SOLace

A BTC reserve would be a great front-run to the recent trend of gold accumulation by the brics, as their counter to the dollar reserve currency.