Proof The Bible Is True

02/02/22

“It’s a marvel that there hasn’t been a worldwide financial collapse by now but somehow despite the ever growing debt bubble everything keeps chugging along. How big will the bubble get before it pops … who knows.” Admin

 

Congratulations, America: it took just over 245 years but as of the last day of January, the country’s debt just crossed above $30 trillion for the first time ever, hitting $30,012,386,059,238.29.

 

While it was always guaranteed that this historic milestone of civilizational greatness would fall at some point, we can safely say that thanks to the global financial crisis, thanks to covid (and the response – AP Ed.) and thanks to MMT, the golden age of US debt came about twice as fast as it would have otherwise.

 

And just to put this stunning achievement in context, here is a recent take from Visual Capitalist which put America’s world-leading success in context.

 

Source: US Debt Hits $30 Trillion For The First Time – Activist Post