RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
This Fortune article places he numbers of the Treasure into perspective:
'The federal finances look like a household budget in freefall.
That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit.
Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole.
Uncle Sam, by any accounting standard, is insolvent.'
(but let's spend a billion a day on Iran)