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RE: Yuuge!! US Debt Up a Staggering $1.2 Trillion in FY2018 - Stock Market Makes New Highs

in #debt • 7 years ago

Its going to get worse...the one chart I have in there is from 2015 and the actual 2018 deficit is 2x what the CBO was estimating then. I think in a hard recession, we will see $2.5-$4.0 trillion deficits if interest rates move up fast enough. Then we are just shy of a Banana Republic.

7 years ago in #debt by
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