America is Fucked
America is Fucked
Out of context: Reply #4149
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US government debt
9th August, 1995: $4.9 trillion
9th August, 2005: $7.9 trillion
9th August, 2015: $18.1 trillion
Now: $37 trillion
- So around double every decade? Surprisingly consistent.********
- a bit over 10 years until we pass the global GDPakiersky
- Govt debt is just private savings. Not necessarily a problem if inflation stays low.nuggler
- We are far from the worst.monospaced
- At least we have a great credit rating. I’d start to worry if it was low.monospaced
- So around double every decade? Surprisingly consistent.