As the corporatist monstrosity known as the USA slowly grinds towards collapse, yet another dark milestone is passed. The US federal debt is now over $20 trillion.
This is addition to the approximate $120 trillion in unfunded liabilities.
Loving big government as usual, Tantrum Trump, siding with the Democrats, just raised the debt ceiling, and even made a gentleman’s agreement with them to actually abolish the debt ceiling altogether. $30 trillion, here we come!
$20 trillion in debt. Let me remind you that the GDP of the entire US is $18.5 trillion. Isn’t that nice?