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re: Powell: ‘The US is on an unsustainable fiscal path’
Posted on 2/5/24 at 12:02 pm to Chingon Ag
Posted on 2/5/24 at 12:02 pm to Chingon Ag
quote:
National debt grew by just over $1 trillion in a little more than three months. This is going to get really ugly soon.
With the value of the dollar declining and other countries tired of paying the price for America's bad choices, the BRICS countries beginning to trade in other currencies, the ME selling oil to China NOT in dollars, yeah... No looking good.
Without the Petro dollar, we're even more fricked.
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