Good morning.
US debt now stands at $35.3 trillion. If we were to return to 0% interest and make payments of $1 million per hour, it would take approximately 4,023 years, or until the year 6,047, to bring the debt back down to zero.
Have a great day.
soOOOO what you're saying is there's a chance?
😂
Man I am sincerely curious how this thing plays out. I mean really, in all honesty
Curious why you would write the year with a comma...
AND stopped spending immediately
I guess thats an important hypothetical detail to add…
Once you know that, the only thing that helps to have a great day is buying more #Bitcoin. 🫡
And that is when people like me, who are not from the USa tell you that it is becoming more an fmore obvious that it is NOT Washington that runs the USa but the Banks.. It was screamed out when theh USa invaded Iraq the last time...No worl threat ever existed but Saddam HAD said he was going to stop using the $ for international settlements...just like Gaddafi had a few e yars earlier and like Assad did after....Why would the USa invade those countries ? Because the BANKS were aboutt o loose money..go check it out... The USA IS OWNED and I say that with a tear in my eye
I ran out of tears several years ago.
I will always have tears for the Americans...Most of the people simply have NO IDEA.....I am not American and yet, I know what could have been............. and it is WAY to late now.....
Hey the sun is out in Ireland for the first time this year so I’d appreciate you letting me have this 😢
Reminding me the government is gonna make it rain. *Inserts powell money printing gif*
If it was about paying off the debt, it would have happened by now.
If it was about central bankers extracting value through dilution of an infinitly printable currency from average workers incomes and paychecks, then it would go up forever.
There is no limit to how much money they can print, or borrow.
There are 2 kinds of people: those who have escaped the failing system and those who will.
That's how distorted the system is. It's a shame how we're consuming the future of our descendants 😢.
Bitcoin fixes this. 🧡⚡️
My bag of BTC just said “L F GROW!!!”
@LynAlden would like the ending of this note 😂
It’s just missing the “anyways…”
If Congress would commit to the idea that paying the debt down was something they should do, it would happen. But they are convinced that the debt is the source of our strength, instead of the instrument of our destruction.
I love these, James. It’s kinda like a good morning, followed by a slap across the face! Wake the **** up everyone!!
The Clinton Administration was paying down the debt. Then W and the Republicans came in and reckt the Democrats’ progress. Look it up.
The playbook hasn't changed since the 40s.
Extract, inflate, collapse, repeat.
GM, I am going to stack more Sats!
The only way the US gets out is by printing a lot, fast.
Debasement is their only escape.
Just add some zeros to every dollar bill solve this problem, easy way out…
So, the US will actually pay off it's debt - "EVENTUALLY" LOL
Debt crisis will be huge and bloody. Not only US at risk. Many countries doing the same, and their payments is growing to a shrinking GDP.
Good evening #nostr
I love those notes...
nostr:nevent1qqszh6tfu06rzquu2dz3ydm92unq5wmr7ad4a3vu6gp5nsdun8he4agpzpmhxue69uhk2tnwdaejumr0dshsygxy3dwva4dd5axmq7xldvq055luzyuawwlsa5tduvja2g3qyywm65psgqqqqqqs42qys8
Woah!!!!! Now that’s perspective ⚡️
To sum up: USD has to hyperinflate and be replaced sooner then later.
Perfect - I'm sure that is what they were going for....
These stats are just astonishing. Insolvent debt? 🤷♀️
Please keep on mathing. Really helps with perspective
The only way out is inflation!
I like to convert everything to billion because you can do the math in your head. For example, ($35k billion) / (1/3 billion US population) = $105k per US citizen. I do math like this all the time in my head. US population is roughly 1/3 billion.
Got Bitcoin?
Have a great day.
Two thoughts.
Why did I bother teaching my kids about budgets?
Are we deluded in thinking that Bitcoin is going to save anyone when this MF crashes?
The only option they have is to print more so you know what to do.
A trillion is such a large unit of measure that is incomprehensible to the average person. But, when a trillion is used in the context of more frequently understood units of measure (hours, years, etc) it quickly reveals just how gigantic a trillion is.
Thank you @james for putting $35.3 trillion of US debt into context for us.
nostr:note1905kncl5xypec569zgmk24expgak8a6mtmzee5srf8qmex00nt6sjelyfm
Bullish on the year 6047!!
nostr:nevent1qvzqqqqqqypzp3yttn8dttd8fkc83hmtqra98lq388tnhu8dzm0ryh2jygpprk74qqszh6tfu06rzquu2dz3ydm92unq5wmr7ad4a3vu6gp5nsdun8he4aghqmla7
ever think about changing your last name? (*_*) t-y James
Remember that you have to reduce spending by the full 268 million per hour new debt is being added and find an extra million per hour to pay down existing debt to get to that number.
nostr:nevent1qqszh6tfu06rzquu2dz3ydm92unq5wmr7ad4a3vu6gp5nsdun8he4agpz9mhxue69uhkummnw3ezuamfdejj7q3qcj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02sxpqqqqqqzaxlx2g
We could pay it down and even pay it off. But Congress refuses to even try.
TBF, that's a shorter time than my Bitaxe miner will take to make it's first payout 😂
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