Wall Street Silver

@WallStreetSilv ↗

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Last Checked Jan. 27, 2023

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Fri Jan 20 02:56:25 +0000 2023

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Wall Street Silver @WallStreetSilv

Personally, I think it is already too late. There is no way for our political system to turn this around. The debt will continue piling up to 200% debt to GDP. The Fed will have to eventually do yield curve control to keep the interest expense from consuming all tax rev. — PolitiTweet.org

Posted Jan. 20, 2023

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Wall Street Silver @WallStreetSilv

Total debt: $31.4 trillion Annual interest paid on debt: ~$1.2 trillion by 2024. Annual tax revenue: $4.9 trillion Annual Deficit: $1.4 trillion Loss Projected 2023 Deficit: Over $2 trillion Maybe it is time to make a few changes before we run this into a brick wall? https://t.co/CtVO4PzBU9 — PolitiTweet.org

Posted Jan. 20, 2023

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Wall Street Silver @WallStreetSilv

The likely course of action is for the Fed to copy Japan. Take rates down to 0% again and let all of the debt rollover at yields between 0% to 1%. That eliminates most of the interest expenses of the govt within a few years. But then they can't raise rates and inflation booms. — PolitiTweet.org

Posted Jan. 20, 2023