this post was submitted on 29 Apr 2024
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United States | News & Politics

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US government debt is on track to surpass $50 trillion by 2033. That means $5.2 billion is piling up every day. (finance.yahoo.com)
submitted 7 months ago by [email protected] to c/[email protected]
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[–] [email protected] 11 points 7 months ago

I'm generally on the "money isn't real and debt is just one of a myriad of excuses that dems use to not do something," but even in marxist economics, "national debt" isn't able to increase forever without collapsing the monetary system. I don't know the full effects of that occurring, but I'm sure that the people benefiting from it right now, will be the least affected by the monetary system collapsing.