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U.S. Debt now exceeds 100% of GDP for the first time since World War II 🚨
Ron Pragides @mrp
WARREN BUFFETT ON THE U.S. BUDGET DEFICIT "We still have very substantial inflation in the United States, but it's never been runaway…yet. And that's not something we want to try and experiment with, because it feeds on itself. I wouldn't want the job of trying to correct what's going on in revenue & expenditures of the United States — with roughly a 7% gap, when probably a 3% gap is sustainable. And the further away you get from that, the more you get to where the uncontrollable begins… It's a job I don't want, but it's a job I think should be done — and Congress does not seem good at doing it." @WarrenBuffett BERKSHIRE HATHAWAY 2025
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