Is The Economy Just Now Falling Apart

[Declan]

A trillion will be added in a month.

Most people I know are barely able to pay their bills.

 

[jonp 1000 years of ire...]

"The EU Is On The Brink Of Bankrutpcy" Says Hungary's Orbán At EU Summit | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Fishalt]

Derka Derkas and Russia have cut oil again.

https://justthenews.com/politics-po...oost-oil-prices-another-round-production-cuts

 

[PlunkettsGhost]

View: https://twitter.com/VersanAljarrah/status/1677129817324437504

 

[PlunkettsGhost]

View: https://twitter.com/Venomnymous/status/1640146439199236107

 

[PlunkettsGhost]

BlackRock insiders selling stock:


View: https://twitter.com/DonnaPrissyrn1/status/1665881191420141569

 

[Declan]

The debt has gone from 21.6 trillion to 32.4 trillion just since Biden was sworn in!!!!!!!


It is over.

 

[Mad as Fish]

The debt has gone from 21.6 trillion to 32.4 trillion just since Biden was sworn in!!!!!!!


It is over.

You'd think so, but the prophets of doom have been saying this for years.

 

[Coal Gas and peat]

I think it's part of the plan that the debt is so huge you can never pay it back and the real currency is social and cultural change in countries.......it's highly likely that cash will be gone by 2050

 

[PlunkettsGhost]

You'd think so, but the prophets of doom have been saying this for years.

Debt is manageable, as long as the world keeps accepting your promissory notes as the currency du jour . Most debt is actually in bonds in international reserve holdings. When all those are sent back to the mothership, that's when the falsity of the system starts to manifest.

 

[Fishalt]

You'd think so, but the prophets of doom have been saying this for years.

Correct.

I've been hearing this since about 2005.

 

[Wolf]

The debt has gone from 21.6 trillion to 32.4 trillion just since Biden was sworn in!!!!!!!


It is over.

Who owns the debt though?
China?

Interesting....

Top 10 Countries the U.S. Owes Money To

The United States spends a huge chunk of its national paycheck on debt obligations. Where is all that money going?

people.howstuffworks.com

 

[Declan]

You'd think so, but the prophets of doom have been saying this for years.

Yes, but it just has taken off now. Averaging 30 billion a day over the past 10 days and a trillion to refill the coffers in the 4 weeks since the limit was set aside.

 

[Myles O'Reilly]

Lots of completed CRE.

?

 

[jpc]

?

Commercial Real Estate

 

[Declan]

 

[Declan]

Are we ready for blastoff or what.

 

[jpc]

Are we ready for blastoff or what.

The fun part for everyone is paying the interest on debt for the first time in over a decade.

 

[Declan]

The fun part for everyone is paying the interest on debt for the first time in over a decade.

The two year rate is over 5% and the highest since 2007.

The average maturity of the debt is also alarmingly short at 5 years. As more new debt to pay off old debt is issued, it will be at an interest rate far higher.

 

[Declan]

These daily national debt figures are out of control. In three months we will add two trillion to the debt.