4/30/2024
The truth:
ttps://www.usdebtclock.org/
ttps://www.msn.com/en-us/money/markets/biden-admin-justifies-tax-hike-based-on-racial-criteria/ar-AA1nVC0y?ocid=msedgdhp&pc=U531&cvid=2f1af45836b9495e9b8ceeda7145cc6a&ei=10
As the story goes – me thinks these folks skipped their math classes and need some help?
IT’S THE DEMOCRAT’S OVER SPENDING OF OTHER PEOPLE’S MONEY. The garbage disposal has been working over time in this administration.
Are the Democrats/Biden asleep at the wheel or is this deliberate to bring our country to its knees? Time to elect officials who know how to correct this ship.
ttps://www.msn.com/en-us/money/markets/is-america-drowning-in-debt-compared-to-other-rich-nations/ss-AA1hAOjr?ocid=msedgdhp&pc=U531&cvid=9eeea8b3f5b0460ac50e3c07ca33a55b&ei=15#interstitial=1
Is America Drowning in Debt Compared to Other Rich Nations? (msn.com)
These major nations are immensely in the red©Alex Wong / Staff / Getty Images
Have you ever wondered how indebted the US really is? The debt-to-GDP ratio compares a nation’s external debt to its total output for a year and is a good way to judge the overall state of a country’s economy, and its ability to pay its dues.
A ratio of over 100% means a country isn’t producing enough to cover what it owes, while a rising ratio can signal that a recession is on its way. A consistently high ratio is usually accompanied by poor economic growth.
Read on to discover the debt-to-GDP ratios of 24 of the world’s largest economies, ranked here from the lowest to the highest, and see where America really ranks.
All dollar values in US dollars.
ttps://worldpopulationreview.com/country-rankings/debt-to-gdp-ratio-by-country
| Country | Debt to GDP Ratio (%) |
|---|---|
| Japan | 264% |
| Venezuela | 241% |
| Sudan | 186% |
| Greece | 173% |
| Singapore | 168% |
| Eritrea | 164% |
| Lebanon | 151% |
| Italy | 142% |
| United States | 129% |
| Cape Verde | 127% |
Nobody’s Business – should be everyone’s business.
For the first time in history, US debt is so huge that the government must now spend a trillion dollars a year just to pay the interest on the debt (which is over 33 trillion and counting). Within just one year, the total US debt will be 41 trillion. And by the end of 2026, it will likely hit 50 trillion (if the country is even functioning by then). The currency collapse is accelerating towards us at unprecedented speed. We all need to be aware of what’s actually happening and be fully prepared for supply chain disruptions, bank bail-ins, total market collapse, a worthless dollar, and plenty of desperate times ahead.
It is never too late to elect people who know what they are doing.
kommonsentsjane
kommonsentsjane 