Saturday , December 7 2019
Home / David Stockman's Contra Corner / Federal Debt Fixing To Cross $22 Trillion Level Soon

Federal Debt Fixing To Cross $22 Trillion Level Soon

Summary:
The rapidly exploding U.S. national debt is about to cross another critical threshold.  According to the U.S. Treasury, the debt of the federal government is currently sitting at ,854,296,172,540.94, and at our current pace we will likely hit the trillion mark next month.  This is a horrifying national crisis, and yet nothing is being done about it. http://theeconomiccollapseblog.com/archives/u-s-debt-poised-to-hit-the-22-trillion-mark-as-storm-clouds-indicate-we-could-have-another-financial-crisis

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes Ooops! 60% Of Americans Don’t Even Know About The Bull Market Bull

David Stockman writes Every Bubble Eventually Finds its Pin

David Stockman writes Not Your Grandfather’s Recession: This One Is Time-Based

David Stockman writes Not Again! More Trade Deal Rope-A-Dope From China

The rapidly exploding U.S. national debt is about to cross another critical threshold.  According to the U.S. Treasury, the debt of the federal government is currently sitting at $21,854,296,172,540.94, and at our current pace we will likely hit the $22 trillion mark next month.  This is a horrifying national crisis, and yet nothing is being done about it.

http://theeconomiccollapseblog.com/archives/u-s-debt-poised-to-hit-the-22-trillion-mark-as-storm-clouds-indicate-we-could-have-another-financial-crisis

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *