Oddbean new post about login | logout Why can't 4.9 trillion be right?
I can’t believe that the American economy makes that much. If it does, then wouldn’t paying the debt back be doable 🤷♂️
They have proven themselves incapable of cutting spending. They have spent more than they took in every year for a long time, except for a short blip in the 90s. It's a leadership problem.
Well that’s even more depressing
If only there were some sort of asset with a limited supply that we could hold to weather the storm