Replying to Avatar Bitman

🚨 Dollar printers will be working overtime in the coming years.

U.S. government spending is projected to reach 24.2% in 2024, well above the 21.1% average since 1984.

With lower revenue, a larger deficit is expected in 2024 compared to its average.

We're talking about a nominal deficit of $1.9 trillion, the largest since 2021 in response to the pandemic.

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tuco 1y ago

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