Sunday, January 07, 2024

$34 Trillion and Climbing | AIER

$34 Trillion and Climbing | AIER - Peter C. Earle
"Just before the start of 2024, the US Federal debt surpassed a new milestone: $34 trillion. 
In 2023 the US added $2.65 trillion in debt...
The surge comes amid mounting warnings from credit rating agencies and a “soft” repudiation of both the US dollar and US government-issued securities...
Too much credibility has been squandered on the futile endeavor of predicting fiscal tipping points...

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