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U.S. National Debt surpasses 25 Trillion!
Posted:
Thu May 07, 2020 9:27 amby pennypicker
This morning the U.S. National debt surpassed 25.2 trillion and the U.S. Federal debt to GDP ratio is now up to 118%. The U.S. Federal debt to GDP ratio in 1980 was just 34%. I guess the concept of "servicing the debt" is all but forgotten---keep stacking my friends and someday you'll be rewarded handsomely for your efforts!
Re: U.S. National Debt surpasses 25 Trillion!
Posted:
Thu May 07, 2020 7:53 pmby IdahoCopper
Bitcoin up $1,050 in the last 24 hrs.
Silver up $0.50?
Re: U.S. National Debt surpasses 25 Trillion!
Posted:
Fri May 29, 2020 10:34 pmby Recyclersteve
If you count underfunded items like Social Security, etc. the debt is much, much higher than $25 trillion.
Re: U.S. National Debt surpasses 25 Trillion!
Posted:
Sat May 30, 2020 9:21 amby blackrabbit
I think everyone needs to accept that the debt will never be paid back.