Damus
preston profile picture
preston
@preston
The US Treasury needs to borrow $932 billion in the 1Q of 2023.
This is $349 billion more (60% higher), than they thought they would need to borrow since their estimates…..
…..wait for it….
….from the previous quarter….
5528❤️51🤙77
Tony 🥩 ⚡ · 164w
And in a environment where rates are being raised. At some point we won't be able to even pay the interest on the debt we already owe.
Sourcenode · 164w
I keep thinking end game and we keep going into overtime
𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 164w
No worries, he’s got it https://media.tenor.com/nWhZURn5XnEAAAAd/move-marketmove.gif
BoomTown · 164w
I’m old enough to remember when the FoxNews crowd was collectively *freaking out* about the $800B TARP rescue package. How far we’ve come.
Cpt. Charisma · 164w
"It's going up forever, Laura!"
Susiebdds · 164w
I guess they don’t teach how to budget in business school.
Tha Samurai · 164w
Why they keep using the term “borrow” when they print the money.
nobody · 164w
Slight miscalculation
Joel · 164w
👀
mina · 164w
This is getting broader attention. See eg https://m.youtube.com/watch?v=PVgBWV2bvLs&list=PLn5MTSAqaf8peDZQ57QkJBzewJU1aUokl&index=1&t=5474s
Zaque T · 164w
🤡🌎
Bird1984 🦜 · 164w
Lolololololololol
bitlgeuse · 164w
This is fine🔥
Tyler Wilson · 164w
Debasing and eventually Default…
bitlgeuse · 164w
And… they are blocked from new borrowing!
Bitcoin Only · 164w
My children can manage money better than the Treasury.
Leo Fernevak · 164w
It is also bizarre that social security and income security combined amounts to ~79% of the individual income tax. https://i.imgur.com/0vnbXHN.png
𝓐𝓶𝔂 ₿🦌🍊🚀🧡🐸🙏🏻🇺🇸 · 164w
🤪Is that all?🤣
nostrich · 164w
https://media.tenor.com/QgTx6fv4IpAAAAAd/el-risitas-juan-joya-borja.gif
Moss · 164w
Although the Fed's interest rate hike will lead to a debt crisis, the debt crisis can be alleviated compared to inflation that has shaken the status of the US dollar as an international currency. 1. Force economically powerful countries to share their own debts. 2. Politicians need to start wars...
jhabe · 164w
https://media.tenor.com/QgTx6fv4IpAAAAAd/el-risitas-juan-joya-borja.gif
brady · 164w
Woof
Xi Maxi · 164w
one ugly WOKE Bitch, send her to Hell before she indebts our kids more, a theif woke Whore🤣
BobDav · 164w
Time to rewatch your “Is Hyperinflation Coming” episode on What Bitcoin Did. I remember the mic drop moments coming out like cannons!
Bitcoin Lake/ Lago Bitcoin - Guatemala · 164w
Wow, really disappointed. Everything else they project is on target 🤣
Guy Swann · 164w
😅😬
HOGL · 164w
There is no way out but to print.
stacktoshi 🚀 ∞/21m · 164w
Go, Janet, go! And here I am trying to reduce my debt and spending, like I live in the real world or something!
nostrich · 164w
Wow insane!
MonKota · 164w
I can hear Foss jumping up down talking about 8th grade math folks…..unsustainable. ⚡️🧡💜⚡️
YODA travels · 164w
GeNIuS.
cwilbzz · 164w
🤦‍♂️
Purple Horse · 164w
Haha these numbers… Damn they really fucked up, right?
thinkgreen147ce3cb68e · 164w
Debt spiral 😵‍💫
BtcBadger · 164w
That can't be good.
NJD · 164w
My word