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US Debt Explosion (Patreon)

Published:
2024-11-21 16:42:10
Imported:
2026-06
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Content

It was only July 28, 2024 we reached $35 trillion for the US national debt. Now about 100 days later we are at $36 trillion in debt. Adding $1T every 100 days.

Interest on the national is on pace for $1.5 trillion for the 2025 fiscal year.

25% of US govt revenue will go to pay interest on the debt.

This is why we bitcoin. FIAT is going to zero.

This is 1 Trillion Dollars in $100 Bills Stacked on Pallets - the amount of money is unfathomable for the human mind

 

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Comments

Captain

These orders of magnitude are jaw dropping. The saddest part is that people are still asking: Should I buy Bitcoin now? Is it too late?

Trickydingo

😵😵‍💫😵‍💫

OrcinusOrca
>>155998368

my humble opinion and Totally NFA. If this cycle carries on like this, almost emulating past cycles, in about 70 days it is profit taking time for about maybe 273 days or so. Buy now, and take profit then. If it is a long term project like many. Buy now and hold on to it like many are doing. Some of us will go through the dips, buy some more, sell some on the ways and reenter, as one can also make some cash on a down turn as long as price ranges are good enough to buy low and sell high. I know some people that stopped buying BTC now because it is practically impossible at these prices and DCA time now only makes basic costs rise. They are waiting for the lows next year. That is my humble NFA explanation. I am not buying unless someone can tell me and convince me that my 32k Basis cost per BTC is gonna rise no more than 2K. Good health and good luck

Vlcoun

Yea you know my theory? Btc easily to $1M BUT... At that time, dollar might be another 90% inflated...

Unrekt+

And this is a bipartisan problem. Between $15 and $16 trillion of the debt is from Trump's tax cuts and Bush's wars and tax cuts. let's see what happens next year.

syed

taxing people or keep printing money - Neither of it will solve this debt crisis

Burton K
>>155999987

Agreed. A friend joked "will you remember me when you're a trillionaire?" because I said I own MicroStrategy. "Sure, but you'll be at least a billionaire if that happens."

Ironman

Great job Democrats you got 1/3 of the pie in only 4 years time.

NY-PAC
>>156011384

let's see what it's like in 4 yrs. btw, since you are on a forum that is based on data/numbers. Did you know that since WWII the US economy always done better under the dems?

Jared

Thats a wild visual, shit tonne of money.

andreas marx

interesting visual, at some point things are going to get very nasty in the US... possibly globally in a financial sense

DCAverage joe

The 2 certain things in life - death and taxes - have become 3 things . Death Taxes Debasement

onedollaretc
>>156001227

No more politics discussion, TRUMP WON, senile joe & kameleon harris lost. END OF STORY. MABC (Make America Bitcoin Country)