
Jon Anderson
132 posts



US debt exceeds 100 percent of GDP thehill.com/business/58579…










Elon Musk has said: Universal high income via checks issued by the Federal government is the best way to deal with unemployment caused by AI.






The last time debt hit these levels, America had just helped win a World War. What's our excuse today? Runaway spending. Bloated budgets. A uniparty that refuses to say no. I've said no. I'll keep saying no. But I need Americans to demand better from their representatives. wsj.com/economy/u-s-de…


🇺🇸 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.


BREAKING 🚨: U.S. Debt U.S. Debt now exceeds 100% of GDP for the first time since World War 2 🤯👀
























