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Re: U.S. National Debt Jumps - hits $35 trillion

By: De_Composed in 6TH POPE | Recommend this post (0)
Fri, 04 Oct 24 2:04 PM | 7 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 59018 of 59027
(This msg. is a reply to 57059 by De_Composed)
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I continue to check the debt every few days. It encroached on 35.5 trillion last week and then jumped - up another $175 billion this week. They never put much effort into explaining why...

I said in August that if the debt continued climbing at the rate I was seeing, it would hit $36 trillion by the end of October. That would have been extraordinary. With less than a month to go, I don't think it's very likely, but it's thinking about it. I'm not going to rule anything out.




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Re: U.S. National Debt Jumps - hits $35 trillion
By: De_Composed in 6TH POPE
Fri, 23 Aug 24 7:33 AM 		Msg. 57059 of 59027

Do you remember when the U.S. debt hit $35 trillion? It was on July 29th. But August 2nd was the first time I asked this question. The debt had just jumped.

Today it jumped again. In three weeks, the debt has soared by a quarter trillion. If it continues at this rate - which seems inconceivable but is in keeping with my ellipse graph - it will be at $36 trillion by the end of October.

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