The U.S. borrowed $50 billion a week for the past five months

https://lemmy.world/post/44085148

The U.S. borrowed $50 billion a week for the past five months - Lemmy.World

Lemmy

For healthcare? Education? Can’t possibly imagine what …
Maybe they are secretly building a super efficient and expansive social safety net behind our backs and making it a surprise!!!
You are more likely to become soylent green.
Dammit! Now you made me hungry again.
Just nibble on your finger, Food!
From blood bag to sack lunch: the life & times of a pre-wasteland pleb.
No they are building a space ray to shoot down some planet we never heard of.
Poor Pluto. I’ve heard of you, baby.
“I’ll pay you back next week, man, I swear!”
Imagine if you could print money though.

I just saw a study that said if Trump continued on at this rate, he will be responsible for 55% of the national debt. And that was BEFORE the Iran War.

When we get these psychopaths out, and start to rebuild, we already know that they’ll suddenly get fiscally conservative, and they’ll pretend to be concerned about spending.

When that happens, just take theirs away. THEY are responsible for the debt, so if it bothers them so much, they should be the ones to make the sacrifice to pay it back.

They already pretended to care about spending and then some guy called Big Balls helped Elon Musk harvest all our data
I hate how that is not even a little taken out of context or exaggerated.

Republican administration completely fucks up the budget, leaves office with massive deficit

Democrat administration spends the next 4 years cleaning up that clusterfuck

GOP tells it’s dumbfuck base that it’s all the Dems fault that their 1996 Dodge Ram 3500 gets 8 mpg and they’re gonna fix everything

Dumbfuck republican voters fall for it, yet again, because they never passed the 9th grade and have been huffing diesel exhaust for the past 20 years

Dumbfuck masses rally and vote in another Republican administration

That cycle has gone on repeat over and over and over again for literally my entire lifetime. It’s all I know. That has been my experience with with the US government, for my whole life.

I’m tired, boss.

Democrats meanwhile are incapable of appealing to a lot of voters.
Buy bitcoin
I prefer physical silver as a store of value personally. It’s needed in everything from new solar panels, to those fancy AI GPU racks and to a lot of the missiles that are being fired right now. Every missile has like a min of 10oz of silver in them with some supposedly having 100s, and then they just explode… Plus it’s shiny.

Trump has never paid his bills a day in his life.

He fucked over his own chauffeur, and thousands of his contractors and employees. He’s declared bankruptcy something like eight times, leaving investors with nothing. He’s gone to court over a thousand times; no other real estate developer has these problems. Interestingly, his mentor was Roy Cohn, who had the same issue of skipping bills (coincidentally I am sure).

So, long story short for libbies, Trump will buy a company named “American Fury MAGA USA Friends” and transfer all the country’s debt to it, and THEN that company will declare a new feature he’s devised, called “Supreme Bankruptcy” which cannot be overturned by the Supreme Court because it’s Supreme, too.

Problem solved, in your face commies

Related to this problem, our entire country’s financial system is based on debt; we don’t even control our own money. The FED is controlled by select appointed bankers, who practically all work for banks or are on the boards of banks and investment firms before and after their appointed terms.

The dollar is worth less every year for a reason, it’s called profiteering. It’s designed to collapse; with each collapse these same interests buy everything once prices are tanked. Then, they start the process again. Every year it gets exponentially worse because math is mean.

They don’t even hide it.

www.federalreserve.gov/…/who-we-are.htm

Who We Are

The Federal Reserve Board of Governors in Washington DC.

Over half of this was just to pay interest on previous accumulated debt.
Are they now over 20 trillions in debt?
It’s not really “debt” when the “debtor” prints the money.

Uggg this old trope.

It’s not really “borrowing” when they print the money.

It’s just another wealth transfer from the poor to the extremely privileged.