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News@lemmy.world · 7 months ago

US debt reaches $37 trillion years before expected

www.newsweek.com

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US debt reaches $37 trillion years before expected

www.newsweek.com

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News@lemmy.world · 7 months ago

In January 2020, the CBO estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030.

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7 months ago

… it’s faith and belief that make it work

But it’s also the Achilles heel of the whole system … if enough people in the whole system stop believing in it … it all collapses in on itself and it is destroyed and evaporates instantly.

Just like the US Constitution.

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