News from "The Gouge"
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February 3, 2022
US Federal Deficit Hits $30,000,000,000,000
The US national debt has hit 30 trillion dollars, according USdebtclock.org.
The debt is now about 125% of the reported US GDP, but in reality is likely 135% of US GDP due to the inaccurate government GDP reporting.
This is more than can ever be paid off, and since the government is still borrowing about an additional $0.40 for every dollar it collects, this debt can only increase.
We should all take a minute and reflect on the significance of this milestone.
How can you print this much money and not devalue it?
Knowing all of this, is it time to invest in something other than US dollars? Silver is a commodity that is popular.
The alternative to knowledge and adaptation, in this case is slowly losing your dollar savings value, as the printing continues...
This release is for informational purpose only.
No legal, financial or investment advise is given, just opinion.
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