Friday, November 27, 2020

Tag: Contemplating the Unthinkable

Contemplating the Unthinkable

by Gary Christianson, Miles Franklin:

Sometimes we must consider the unthinkable.

Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about $250 trillion. US national debt has doubled every eight to nine years for decades.

  1. National debt in 2018 – $21.6 trillion
  2. National debt in 2026? – $40+ trillion
  3. National debt in 2040? – $100+ trillion