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.
- National debt in 2018 – $21.6 trillion
- National debt in 2026? – $40+ trillion
- National debt in 2040? – $100+ trillion