What "debt limit"? They've all been spending money faster than a kid in a candy store. Remind me about what caused the fall of the USSR.

Thanks, Mark!

Speaking of Russia.

We just flushed 100+ billion down the toilet that we don't have to try to kill as many Russians as possible and weaken Putin.

Basically hiring Ukraine to do the job for us.

We supply all the weapons for free, they supply the soldiers, getting killed to the tune of hundreds of thousands, along with thousands of civilians. 

They also provide the battle field and get their country obliterated, with 8 million people leaving. 

We also provide the war propaganda to convince people its all worth it, while shunning negotiations and peace.  Defeat Putin on the battlefield! 

We've made Zelensky  a hero for being a US puppet, betraying his people and  campaign promise to negotiate and having peace with Russia.
Instead Getting his country and people decimated for his fame. 

How much money has the US given Ukraine since Russia’s invasion?

One year in, the US has allocated nearly $115 billion in emergency funding to support Ukraine in wartime.

https://usafacts.org/articles/how-much-money-has-the-us-given-ukraine-since-russias-invasion/

Guess what country will spend hundreds of billions to rebuild Ukraine?

Again, think about all the productive  uses that amount of money could have gone towards! 

For numerous things in our country. For the poor/needy in other countries. 

The most damaging impact on our country may actually be the massive global inflation caused by our war with Russia as a result of energy and food supply shortages.

The clueless Fed, instead of identifying this crystal clear factor and making suggestions that would offer viable solutions(increasing supplies of energy/food by ending the war) is doing the complete, 100% opposite. Yellen, the Fed Chairman is amazingly a cheerleader for the US war against Russia being fought in Ukraine which is causing much of the inflation.

Treasury Secretary Janet Yellen makes surprise visit to Ukraine

https://www.cbsnews.com/news/janet-yellen-ukraine-treasury-secretary-kyiv-visit-volodymyr-zelenskyy/

Her solution is to  intentionally cause a recession in the US from higher interest rates instead of advising an end to the war. 

Those higher interest rates are extremely costly/damaging because the monstrous debt has interest on it that must be paid.

Is this person intentionally trying to destroy our economy or is she just blind/ignorant? This is economics 101 stuff. She has to know!!

Interest Costs on the National Debt Are on Track to Reach a Record High

https://www.pgpf.org/blog/2023/02/interest-costs-on-the-national-debt-are-on-track-to-reach-a-record-high

The Congressional Budget Office (CBO) just released updated budget and economic projections, which highlighted the nation’s unsustainable fiscal outlook. One of the most significant findings from that report is that the federal government’s borrowing costs have increased rapidly over the past year and will grow through the next decade. Most notably:

• Interest payments on the national debt were $475 billion in fiscal year 2022 — the highest dollar amount ever.
• Interest costs grew 35 percent last year and are projected to grow by another 35 percent in 2023.
• Relative to the size of the economy, interest costs in 2030 will reach 3.3 percent of gross domestic product (GDP), exceeding the previous post-World War II high of 3.2 percent of GDP, which was recorded in 1991.
• Within 10 years, net interest costs will exceed federal spending on crucial programs like Medicaid and defense.
• Spending for net interest will become the largest “program” in the federal budget within the next 30 years, outpacing spending on Medicare and Social Security.

Rising interest payments can crowd out other priorities in the federal budget and lead to a cycle of higher deficits, growing debt, and even more interest payments in the future.

Interest Costs Jumped in 2022 and Will Do So Again This Year

Net interest payments on the national debt rose from $352 billion in 2021 to $475 billion in 2022 — the highest nominal dollar amount in recorded history. Relative to the size of the economy, such costs were 1.9 percent of gross domestic product (GDP), the highest level in 21 years.  
++++++++

 Much of that increase was due to higher interest rates on U.S. Treasury securities…….as the Fed increased interest rates at a record pace To battle inflation.

inflatiron caused  in a big part by  global supply shortages in energy and food, some intentionally caused by the United States…..by doing things like blowing up the Russian natural gas pipeline and putting an embargo on Russian products, especially energy…..which has backfired and hurt us the most, while actually helping China, india, the Middle East and Russia's Allies increasing business with Russia and strengthening ties with them, while  increasing tensions, creating enemies with our country.

the Middle East cutting,production to help Putin and hurt the US.

If you wanted a script that intentionally designed a plan to destroy the United States that used false propaganda to fool the people into thinking you were making really smart decisions based on manufactured realities, you couldn’t find a better one than this.

It’s happening right in front of our eyes but people have lost the ability to discern between reality and manufactured realities in our country in this age of deceit.

gatekeepers/charlatans using the powerful communication tools To tell us what we want to hear and how to think.

using us for their self serving objectives/agenda.

We are living in a world that mimics the story line in George Orwell's book, 1984!

https://www.marketforum.com/forum/topic/94629/#94650