The US Debt is Exploding.
and I took this one today 10/10/2017.
If you work out the increase in less than 1 month it's a staggering US$367 billion. If you project that rate of increase over the next 12 months, that's almost US$4.5 trillion. The US debt would balloon to a massive US$25 trillion in just 12 months.
Thanks for your visit and I hope you like my post.
There was a huge jump overnight, when the budget was approved, the debt limit increased and the Treasury allowed to borrow huge.
It's just never ending leveraging of our stolen money by thieving governments, cheers.
Nothing to see here, please continue watching the Kardashians.
It's really starting to pick up speed now, I think it's starting to grow faster than Kim's butt, Lol cheers.
Thank you Silverbug, these are excellent numbers. Now I have confirmation: GO LONG REAL MONEY... and fuck everything else. Real money: Only physical silver, a cow, sheep, horse, pigs, a bit of land making lemons and spinache... This baby is going to go to hell, sure as anything... FIAT and Crypto is going to hell, sure as anything.
It can't be fixed lucky, if they could they would of fixed it by now. so it can only get worse in my opinion. So I agree with you, go tangible, cheers.
These are frightening numbers.
That they are my friend, cheers.
We all know you can never have to much debt can we.
I think we are getting close to debt saturation, cheers.
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STOPwell if the debt keeps on increasing which it will, buying bitcoin and other crypto currencies and gold and silver will be some of the best investments when either an honest or dishonest default happens.
https://steemit.com/silver/@goldsilverguide/buying-silver-for-the-upcoming-crash-and-for-my-collection
I think when the SHTF it will come down to if you don't hold it you don't own it, cheers.
Our whole system is built on debt so no surprises here.
You know what happens once we reach peak debt, BOOM, on a global scale, cheers.
Sure but when is peak debt?
How long is a piece of string? only time will tell my friend, nothing will expand forever, cheers.
This post has received a 14.01 % upvote from @booster thanks to: @silverbug.