Wall Street Silver

@WallStreetSilv ↗

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Last Checked Dec. 19, 2022

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Fri Dec 16 14:19:48 +0000 2022

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Wall Street Silver @WallStreetSilv

Tax revenue dropping by ~$500 billion due to higher rates and recession. Interest on debt increasing by ~$1 trillion per year. It is easy to predict $3+ trillion annual deficits and national debt above $50 trillion in a few years. Debt death cycle 🔥 — PolitiTweet.org

Posted Dec. 16, 2022

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Wall Street Silver @WallStreetSilv

If the Fed takes rates to 5% and leaves them there long term (3 years) the bulk of the national debt rolls over in that time frame. $1.2 trillion to $1.5 trillion in annual interest paid on the debt. The economy gets crushed with tax revenue dropping. Annual deficits explode. — PolitiTweet.org

Posted Dec. 16, 2022

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Wall Street Silver @WallStreetSilv

@PeterSchiff @kevinolearytv @CNBC I would love to see it, but @kevinolearytv doesn’t have the courage to do a real interview where thought questions get asked. — PolitiTweet.org

Posted Dec. 16, 2022 Just a Typo