-G retweetet
If you want to know why your dollar is losing its value and you can’t afford life read the post below.
BOTH Republicans and Democrats did this together.
And did you know that in just 6 years Social Security will be insolvable? That means most of you won’t ever receive a SS check even though you pay 6.2% of every single one of your paychecks into the system.
And Trump’s war on Iran is going to blow up this debt even worse and could damage our economy beyond repair. It has already cost nearly $30 billion and it is about to escalate.
Honestly who is there to vote for at this point?
Hedgeye@Hedgeye
🇺🇸 Here's what $39 trillion in debt really means: If we confiscated every dollar of U.S. corporate profit ($3.8T/year), it would take over 10 years to pay off. Sell every ounce of gold ever mined: $32 trillion. Still $7 trillion short. Liquidate every Bitcoin in existence on top of that: $33.5 trillion. Still $5.5 trillion short. If we confiscated every dollar of federal tax revenue ($5.3T/year), it would take over 7 years to pay off, assuming zero spending. The debt is 71% of every home in America, or 30% of every publicly traded company on Earth. The debt grows by $7.2 billion a day, or $84,000 a second. This is a problem.
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