The revolving refinancing of maturing US public debt will accelerate the longer rates are as high.

All those ventilators ordered during covid were for the economy... fact.

This looks like indentured servitude.

Narrator: "It doesn't"

And yet market is in bull, credit cards all time high and FED rising only 0.25 per time after inflation is the highest in 40 years. They’ve lost control or they can always break the system

#[0]

Default

Is that why Agenda 2030 is the contingency plan, because they know by then there will be a meltdown?

I’ve seen this chart used to justify wealth taxes. The thinking is that excess printed money inflated asset values and the government needs to tax those assets to reclaim the money and reduce the debt.

Seems sustainable

If an egg costs a billion dollars then the debt is only rising by 6 eggs a day. Problem solved.

Your animated profile pic might be the dopest thing I’ve ever seen 🤙🏼

I’ve been trying to rack my brain for an article on how BTC could save social security or other social programs. While a 5% allocation from the SS balance to Bitcoin, it has NOTHING on the future and unfounded liabilities. It’s totally toast. https://nostr.build/i/nostr.build_5baa59a14b550fb9da6...

Yea. Another way to look at it - prospective PV calcs. Look awful, and there are likely *generous* assumptions that the treasury is using. https://www.fiscal.treasury.gov/reports-statements/financial-report/statements-of-long-term-fiscal-projections.html

https://giphy.com/clips/justin-fire-swing-this-is-fine-vSau0ZtCVmo8pGPasO

How could someone see this and think that we could be ok without Bitcoin in the future? 🧐

Wtfhappenedin1971.com

The more concerning thing is the US debt is ~10X bigger if you include unfunded liabilities (IOUs), such as social security, medicare, and inter-govt bonds (h/t Bridgewater) https://nostr.build/i/nostr.build_c8fca038c80ca7985f6408757bb4307dfae379b075c4ad5ae31b1a87e7aa7c93.jpeg #[0]

Everything’s fine 🤙

https://nostr.build/i/nostr.build_a7a5bd2da609b9c47158d2d0f87d76c0dbe03e72e5dadca7087daf0722e76dd4.gif

I read this post by Zero hedge, man that's concerning. https://www.zerohedge.com/geopolitical/von-greyerz-will-nuclear-war-debt-collapse-or-energy-depletion-finish-world

It's not just the absolute nominal debt and percent of GDP, but I think #[2] pointed out that the area under the curve matters. The last spike was relatively brief during WWII, this one has been building since the Nixon shock in the 70s.

It will come down. In due time, it will come down.

😳😳😳 Why we need this 🟠🟣.

So I guess MATH is a 'conspiracy theorist' now... Right?

TBIA 😂