Fiasco Biden - McCarthy on Debt Ceiling, In Same Time Dollar Declining or De-Dollarizing: What Biden Must Repair?
prada.substack.com
$1.5 trillion increase in the debt ceiling won't get them a full year. Annual US govt budget deficit is ~$2 trillion and growing. Without spending cuts, America is on a path to oblivion. With the world de-dollarizing, the Fed will be forced to print and buy it.
Fiasco Biden - McCarthy on Debt Ceiling, In Same Time Dollar Declining or De-Dollarizing: What Biden Must Repair?
Fiasco Biden - McCarthy on Debt Ceiling, In…
Fiasco Biden - McCarthy on Debt Ceiling, In Same Time Dollar Declining or De-Dollarizing: What Biden Must Repair?
$1.5 trillion increase in the debt ceiling won't get them a full year. Annual US govt budget deficit is ~$2 trillion and growing. Without spending cuts, America is on a path to oblivion. With the world de-dollarizing, the Fed will be forced to print and buy it.