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Here’s just how concerned Senator Barrasso was about the debt in 2013. Don’t worry though. Now he’s about to vote to add $37 trillion to the debt. Another Republican flip flop.

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18,768 views • 1 year ago •via X (Twitter)

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In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family. When I calculate the supply and demand for this debt, I don’t see enough buyers to buy the debt the US needs to sell, which will cause big problems. We can avoid the worst-case scenario, but we need to act now. To learn more, I encourage you to read my new book, How Countries Go Broke: The Big Cycle. #raydalio #principles #economics #debt

In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family. When I calculate the supply and demand for this debt, I don’t see enough buyers to buy the debt the US needs to sell, which will cause big problems. We can avoid the worst-case scenario, but we need to act now. To learn more, I encourage you to read my new book, How Countries Go Broke: The Big Cycle. #raydalio #principles #economics #debt

Ray Dalio

381,508 views • 1 year ago

The National Debt is now expected to reach $50,000,000,000,000.00 ($50 Trillion) by 2034. Yes' that's around $600,000 for every family of 4 in America. Now, ask yourself this. Would you vote for the president who raised the national debt more in 4 years than any other President had in 7 years, if you cared about this problem? FACT: Trump added $8.4 Trillion to the national debt in just 4 years. Both parties are to blame, but stop pretending that Trump, who also bankrupted multiple companies is the solution.

The National Debt is now expected to reach $50,000,000,000,000.00 ($50 Trillion) by 2034. Yes' that's around $600,000 for every family of 4 in America. Now, ask yourself this. Would you vote for the president who raised the national debt more in 4 years than any other President had in 7 years, if you cared about this problem? FACT: Trump added $8.4 Trillion to the national debt in just 4 years. Both parties are to blame, but stop pretending that Trump, who also bankrupted multiple companies is the solution.

Brian Krassenstein

144,725 views • 2 years ago

The US govt debt just reached a new all-time high of $39.5 trillion. It will reach $40 trillion within 3 or 4 months. 42% of all income tax revenue now goes to paying interest on the national debt. The debt will never be reduced. When bonds come due, the govt refinances at the current higher rates. This increases interest payments the govt pays. in the next 12 months, about $9 trillion in US govt debt will come due. The US treasury will need to refinance $9 trillion, plus they need to sell over $2 trillion in additional bonds (new debt) to cover the govt budget deficit. The key issue you have to consider is how this will affect you and your family. The US govt debt is swallowing the budget. The interest payments will likely consume more than 50% of all income tax revenue in a few years. At some point this financial Ponzi causes bond buyers to demand higher rates for the risk of owning US govt debt. The US govt will always pay it's debt, but if the Fed has to print money (digitally) to monetize the debt, then the US dollar declines in value. That affects your buying power and quality of life dramatically. Everything gets more expensive, but your income doesn't keep up with the process.

The US govt debt just reached a new all-time high of $39.5 trillion. It will reach $40 trillion within 3 or 4 months. 42% of all income tax revenue now goes to paying interest on the national debt. The debt will never be reduced. When bonds come due, the govt refinances at the current higher rates. This increases interest payments the govt pays. in the next 12 months, about $9 trillion in US govt debt will come due. The US treasury will need to refinance $9 trillion, plus they need to sell over $2 trillion in additional bonds (new debt) to cover the govt budget deficit. The key issue you have to consider is how this will affect you and your family. The US govt debt is swallowing the budget. The interest payments will likely consume more than 50% of all income tax revenue in a few years. At some point this financial Ponzi causes bond buyers to demand higher rates for the risk of owning US govt debt. The US govt will always pay it's debt, but if the Fed has to print money (digitally) to monetize the debt, then the US dollar declines in value. That affects your buying power and quality of life dramatically. Everything gets more expensive, but your income doesn't keep up with the process.

Wall Street Mav

204,455 views • 1 month ago

Russian national debt is $200 Billion in USD. The United States national debt is $39 Trillion. Trump has added over $10 Trillion to the US debt. Putin has lowered Russia’s debt. Trump is bankrupting the US & significantly increasing gas prices. Putin added $200 billion to his economy & has significantly low gas prices.

Russian national debt is $200 Billion in USD. The United States national debt is $39 Trillion. Trump has added over $10 Trillion to the US debt. Putin has lowered Russia’s debt. Trump is bankrupting the US & significantly increasing gas prices. Putin added $200 billion to his economy & has significantly low gas prices.

Bryce M. Lipscomb

25,802 views • 3 months ago

It took the US 192 years to hit its first $1 trillion in debt. It took just 5 months to go from $39 trillion to $40 trillion. The debt has more than doubled in under a decade, spanning both parties and administrations. No side has managed to bend the curve. Read more: 📊 Data: US Treasury #usdebt #uspolitics #politics

It took the US 192 years to hit its first $1 trillion in debt. It took just 5 months to go from $39 trillion to $40 trillion. The debt has more than doubled in under a decade, spanning both parties and administrations. No side has managed to bend the curve. Read more: 📊 Data: US Treasury #usdebt #uspolitics #politics

Yahoo Finance

52,713 views • 5 days ago

Anthony Edwards was asked about if the Timberwolves need to add another superstar to compete in the West.

Anthony Edwards was asked about if the Timberwolves need to add another superstar to compete in the West.

SneakerReporter

324,488 views • 3 months ago

If Republicans want to get serious about cutting the debt, they can join me in rolling back the $4 trillion in tax cuts they gave to billionaires two weeks ago on the back of ordinary people.

If Republicans want to get serious about cutting the debt, they can join me in rolling back the $4 trillion in tax cuts they gave to billionaires two weeks ago on the back of ordinary people.

Senator Reverend Raphael Warnock

32,496 views • 1 year ago

nothing to worry about. supply to infinite, dollar to dust every trillion confirms the thesis

nothing to worry about. supply to infinite, dollar to dust every trillion confirms the thesis

$1

21,463 views • 7 months ago

Ted Cruz, who just added $4.1 trillion to the national debt: "Our nation is in crisis. Our national debt is larger than the GDP. We are going broke...Stop spending money we don't have."

Ted Cruz, who just added $4.1 trillion to the national debt: "Our nation is in crisis. Our national debt is larger than the GDP. We are going broke...Stop spending money we don't have."

Republican Accountability

39,941 views • 1 year ago

The single greatest threat to America is not what you think. It is the single largest racket empire on the planet: the U.S. Congress. During Barack Obama: Debt at the start (Jan 2009): about $10.6 trillion Debt at the end (Jan 2017): about $19.9 trillion U.S. NGOs have combined assets totaling $14.2 trillion. Source: The Federal Reserve. Oh, and by the way: they have exempted themselves from every crime imaginable.

The single greatest threat to America is not what you think. It is the single largest racket empire on the planet: the U.S. Congress. During Barack Obama: Debt at the start (Jan 2009): about $10.6 trillion Debt at the end (Jan 2017): about $19.9 trillion U.S. NGOs have combined assets totaling $14.2 trillion. Source: The Federal Reserve. Oh, and by the way: they have exempted themselves from every crime imaginable.

🇺🇸RealRobert🇺🇸

42,606 views • 1 month ago

Trump: “Maybe we’ll pay off the $35 trillion [U.S. debt] in Crypto. I’ll write on a little piece of paper, ‘$35T crypto we have no debt.’” (Sept. 2024) It should come at no surprise that this idiot is adding $4.1 trillion to the debt.

Trump: “Maybe we’ll pay off the $35 trillion [U.S. debt] in Crypto. I’ll write on a little piece of paper, ‘$35T crypto we have no debt.’” (Sept. 2024) It should come at no surprise that this idiot is adding $4.1 trillion to the debt.

Republican Accountability

2,100,602 views • 1 year ago

Republican Senator Ron Johnson called the trillions the Big, Ugly Bill adds to our nation’s debt “immoral”. He just voted against an amendment that would have rewritten their bill to ensure it does not increase the deficit.

Republican Senator Ron Johnson called the trillions the Big, Ugly Bill adds to our nation’s debt “immoral”. He just voted against an amendment that would have rewritten their bill to ensure it does not increase the deficit.

Senate Democrats

12,373 views • 1 year ago