Lions... Check This Out. (NOT GOOD AT ALL).
From Greg M
Lions… We called this, and sadly its just beginning. We are going to see US debts and deficits skyrocket from here.
The U.S. debt and deficit problem is worsening, as the budget shortfall for February passed the $1 trillion mark even though the fiscal year is not yet at the halfway point.
Look at the numbers:
U.S. national debt: Over $40 TRILLION.
Annual interest payments: Over $1 TRILLION.
Dollar purchasing power: DOWN 97% since 1913.
Every single economic disaster of the past century—from the Great Depression to 2008’s financial collapse to today’s inflation crisis—can be traced back to the Federal Reserve’s reckless policies.
Still spending from the Biden budget. We probably won’t see impact of current cuts until possibly next year.