Tracy (ππ½πΎ )
@chigrl
CEO/Founder and Chief Market Strategist at Hilltower Resource Advisors LLC. Boutique natural resources research firm. Geopolitics. Host @MicDropMarkets podcast
06-02-2009 17:19:15
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Tracy (ππ½πΎ ) US National debt has been rising by $1 trillion every 100 days.
The US debt-to-GDP ratio is at 124%, near the record of 126% in 2020.
The CBO estimates it will reach 131% in 2034.
Since 1800, 51 out of 52 countries with a ratio above 130% have defaulted
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