The Road To Ruin: U.S. Government Adds $1 Trillion In Debt In 3 Months! | RonPaulLibertyReport
It took the U.S. federal government almost 200 years to rack up $1 Trillion in debt. The latest trillion to be added took a mere 3 months! Far too many Americans have come to believe that, instead of protecting individual liberty, the U.S. government can be everything to everyone. Meanwhile, members of government have come to believe that, not only can they perform such an impossible task, but they can perform it for the entire world! This massive delusion is racing towards a massive bankruptcy
#USDebt #USTreasury #USCB #FiatCurrency #Crash #Bankruptcy #FinancialCrisis
It took the U.S. federal government almost 200 years to rack up $1 Trillion in debt. The latest trillion to be added took a mere 3 months! Far too many Americans have come to believe that, instead of protecting individual liberty, the U.S. government can be everything to everyone. Meanwhile, members of government have come to believe that, not only can they perform such an impossible task, but they can perform it for the entire world! This massive delusion is racing towards a massive bankruptcy
#USDebt #USTreasury #USCB #FiatCurrency #Crash #Bankruptcy #FinancialCrisis
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π Dollar suffers RECORD LOSSES IN 20 YEARS amid Trump's new tariffs
The key Bloomberg #Dollar Spot Index (BBDXY), which tracks the performance of a basket of 10 global currencies against the US dollar, tumbled as much as 2.1% earlier this week, Bloomberg News reports.
This became BBDXYβs sharpest intraday decline since its launch in 2005.
Almost all 10 currencies tracked by Bloomberg strengthened against the dollar, and the #euro rallied as much as 2.7%.
The #greenbackβs dive comes against the backdrop of President #Trumpβs recently announced new trade tariffs, which experts warned could βdrive investors away from the #US and cause the dollar to [further] depreciate.β
txt source @geopolitics_live
#FiatCurrency #PetroDollar #TradeWar #UStariffs
The key Bloomberg #Dollar Spot Index (BBDXY), which tracks the performance of a basket of 10 global currencies against the US dollar, tumbled as much as 2.1% earlier this week, Bloomberg News reports.
This became BBDXYβs sharpest intraday decline since its launch in 2005.
Almost all 10 currencies tracked by Bloomberg strengthened against the dollar, and the #euro rallied as much as 2.7%.
The #greenbackβs dive comes against the backdrop of President #Trumpβs recently announced new trade tariffs, which experts warned could βdrive investors away from the #US and cause the dollar to [further] depreciate.β
txt source @geopolitics_live
#FiatCurrency #PetroDollar #TradeWar #UStariffs
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π¨π³πΊπΈ π "Americans, You Don't Need a Tariff, You Reed a Revolution."
"They robbed you blind and you thanked them for it, that's a tragedy."
In the process of shipping your jobs overseas the ruling class has hollowed out the middle class and crashed the working class and told you to be proud.
Via @ukraine_watch
#USTariffs #US #Oligarchy #Cleptocracy #FiatCurrency #DeepState #China #CheapLabor #LaborExploitation #WorkingClass
MilitaryIndustrialComplex
"They robbed you blind and you thanked them for it, that's a tragedy."
In the process of shipping your jobs overseas the ruling class has hollowed out the middle class and crashed the working class and told you to be proud.
Via @ukraine_watch
#USTariffs #US #Oligarchy #Cleptocracy #FiatCurrency #DeepState #China #CheapLabor #LaborExploitation #WorkingClass
MilitaryIndustrialComplex
πΊπΈ US TREASURY MOVES TO PROP UP ITS OWN DEBT MARKET
The US government is now paying over $3 billion a day just to service its national debt β more than it spends on healthcare for its elderly (Medicare).
This week, US long-term borrowing costs hit their highest level in nearly two decades, as global investors grew increasingly unwilling to keep lending Washington money at current rates. Investors had reportedly tried offloading close to $20 billion in long-dated bonds, far more than the government was willing to buy back.
In response, the Treasury announced it will double the size of its long-term bond buyback operations β from $2 billion to "at least" $4 billion per operation, starting September 9th. The vague, open-ended wording ("at least") is notable in itself: it suggests officials aren't confident this number will be enough.
Even more telling, Treasury said it will share more details on future buyback sizes at its next scheduled update on November 4th β a signal that this is not a one-off move, but the start of an ongoing effort to manage a debt market under real strain.
This is not debt relief. Washington isn't paying down what it owes β it's simply reshuffling which bonds are in circulation to calm markets. Total US debt is nearing $40 trillion and climbing every day.
The takeaway: even the US government is now openly admitting it needs to step in to keep its own debt market from spiraling.
@DDGeopolitics
#FiatCurrency #USTreasury #USDebt
#USTreasureBonds
The US government is now paying over $3 billion a day just to service its national debt β more than it spends on healthcare for its elderly (Medicare).
This week, US long-term borrowing costs hit their highest level in nearly two decades, as global investors grew increasingly unwilling to keep lending Washington money at current rates. Investors had reportedly tried offloading close to $20 billion in long-dated bonds, far more than the government was willing to buy back.
In response, the Treasury announced it will double the size of its long-term bond buyback operations β from $2 billion to "at least" $4 billion per operation, starting September 9th. The vague, open-ended wording ("at least") is notable in itself: it suggests officials aren't confident this number will be enough.
Even more telling, Treasury said it will share more details on future buyback sizes at its next scheduled update on November 4th β a signal that this is not a one-off move, but the start of an ongoing effort to manage a debt market under real strain.
This is not debt relief. Washington isn't paying down what it owes β it's simply reshuffling which bonds are in circulation to calm markets. Total US debt is nearing $40 trillion and climbing every day.
The takeaway: even the US government is now openly admitting it needs to step in to keep its own debt market from spiraling.
@DDGeopolitics
#FiatCurrency #USTreasury #USDebt
#USTreasureBonds