Discussion
OH COOL IT'S A MASSIVE ICEBERG THREATENING TO SINK THE MODERN WORLD
good thing we have a life raft
Just show this chart and introduce a balanced budge amendment. This is evidence that the deficits shouldn’t be presented as “investments.”
Really nice graphical representation
probably fine
Iceberg
Consistency is key 🤭
what an iceberg
The debt is cumulative (below the axis) .. and revenue is annual (above the axis ) .. right ?
Isn't it like comparing the total debt of #microstrategy with their software revenue 😀 ?
The way strategy has Bitcoin as an asset ( on balance sheet) , US also has tremendous assets .. the freeway systems itself is more value than the entire debt !
The whole point of an organization is to issue debt (or equity) and convert that into assets ... The true comparison is assets vs liabilities ! And if the debt is your own currency ..that you can print ..then it makes sense to issue as much debt as investors are willing to buy .. the problem with most other nations is they can't sell their debt .. US can .. why ? Cuz it is land of innovation .. I think Bitcoin was invented in US .. not sure though ! :-)
We're gonna need a bigger chart.
It’s crazy how most people are duped into thinking this is a single party issue when in reality it’s a systemic issue. Each party, leader, whatever, continues to feed the machine.
The chart really starts at 1971
Stay humble and stack zaps ⚡️
Now do 1971
That’s a powerful way to view it. Excellent graph.
You do a few pizza deliveries, then you get retired soon. Not only you, also your children. And you are going to retire even faster if they try to solve it anyhow.
Fantastic!
😳😳😳🫣