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Thread: Watch the debt rise over the next few months.

  1. #31

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    Quote Originally Posted by Madison320 View Post
    Another 75 billion. Can we hit 21 trillion by the next debt suspension in Dec?


    20,422,972,363,114.29



    https://www.treasurydirect.gov/NP/debt/current
    According to Treasury Direct (with two days to go), current debt stands at $20,540,360,356,857.05

    Don't think we are going to make $21 trillion.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.



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  3. #32

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    Quote Originally Posted by Madison320 View Post
    Dang. How can I know more than 99% of the financial reporters that cover this stuff? I was right, they don't go right into default on Dec 8. They can use extraordinary measures again.

    "While markets expect the debt ceiling to be reinstated this week, they anticipate that the Treasury can avoid a breach of the borrowing cap by using extraordinary measures until as late as April."


    https://www.bloomberg.com/news/artic...uspension-ends
    Just as I said.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  4. #33

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    Quote Originally Posted by Zippyjuan View Post
    According to Treasury Direct (with two days to go), current debt stands at $20,540,360,356,857.05

    Don't think we are going to make $21 trillion.
    Nope. But we're going to catch up next year.

  5. #34

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    My bet: Dec 22 shutdown, Dec 24 midnight tax bill votes, all kinds of changes to everything slipped in that weren't in either chamber's bill. Probably some big distraction at the same time so that eyes are not on Congress.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC House Boat Rentals

  6. #35

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    20,669,079,408,408 just jumped 177 billion. No more debt ceilings to slow us down for awhile. We should be cruising past 21 trillion in the next couple weeks.

  7. #36

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    Ya , looks like 21 T this year ?

  8. #37

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    Quote Originally Posted by oyarde View Post
    Ya , looks like 21 T this year ?
    Maybe 22T

  9. #38

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    Quote Originally Posted by r3volution 3.0 View Post
    Maybe 22T
    That would require a deficit of about $1.3 trillion for this year. $21.5 is more likely.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  10. #39

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    Quote Originally Posted by Zippyjuan View Post
    That would require a deficit of about $1.3 trillion for this year. $21.5 is more likely.
    Absent a recession, that's probably about right, but I expect we'll be in recession by Q4.

  11. #40

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    Quote Originally Posted by r3volution 3.0 View Post
    Absent a recession, that's probably about right, but I expect we'll be in recession by Q4.
    Remember that the amount the public debt goes up is almost double the deficit. We'll hit 22 trillion this year, easily.

  12. #41

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    Quote Originally Posted by Madison320 View Post
    Remember that the amount the public debt goes up is almost double the deficit. We'll hit 22 trillion this year, easily.
    Are you trying to get people interested in interest?

    It's awfully hard to interest people in interest, unless they can get some of it.
    'It ain't what we don't know that hurts us, it's what we "know" that ain't so.'--Will Rogers

    'I prefer someone who burns the flag and then wraps themselves up in the Constitution over someone who burns the Constitution and then wraps themselves up in the flag.'--Molly Ivins

  13. #42

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    Trump needs to run $2T deficits now just to keep up with the law of diminishing returns. Anything less is outside of the historical debt and deficit trend lines and actually shows the slow collapse of the system underway.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC House Boat Rentals

  14. #43

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    Last edited by Zippyjuan; 02-15-2018 at 02:31 PM.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  15. #44

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    Quote Originally Posted by Zippyjuan View Post
    What? That was the exact same brand of 'logic' Democrats use, the Federal Reserve uses, and you have used.

    The Democrats like to use it when they, just to name one example, say they cut the budget when all they did was reduce spending increases below the projected spending increases. The Fed has used logic very similar to that to explain why the same inflation which robs our salaries and our savings of value is good for us. And the Zippy Group has used it to explain that the U.S. gold standard was a pegging of the value of the dollar to gold, when in fact it was using gold as dollars.
    'It ain't what we don't know that hurts us, it's what we "know" that ain't so.'--Will Rogers

    'I prefer someone who burns the flag and then wraps themselves up in the Constitution over someone who burns the Constitution and then wraps themselves up in the flag.'--Molly Ivins

  16. #45

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    Whoa, big jump. Just about to hit 21 trillion. 20,957,314,831,621

    That's 460 billion since we re-suspended the debt ceiling last month.

    https://www.treasurydirect.gov/NP/debt/current

  17. #46

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    Lucky number 21 approaching?

    777

    Probably reached on 322.


    (Feelin' dumb over some previous predictions. 777 on 322 should have been easy. smh)
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC House Boat Rentals

  18. #47

    Default

    Quote Originally Posted by devil21 View Post
    Lucky number 21 approaching?

    777

    Probably reached on 322.


    (Feelin' dumb over some previous predictions. 777 on 322 should have been easy. smh)
    All I know is we have some catching up to do. We were basically borrowing a trillion a year, we should've hit 21 trillion 3 months ago but the debt ceiling messed us up. But we've got clear sailing for awhile, we should be able to hit 22 trillion by the end of the year.

  19. #48

  20. #49

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    US National Debt Hits $21 Trillion
    https://www.zerohedge.com/news/2018-...ts-21-trillion

    1776 > 1984

    The FAILURE of the United States Government to operate and maintian an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    You are Ron Paul's Media!

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

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