Suncor Energy Inc T.SU

US Debt Clock

[MaximusGainus]

Staggering numbers. How will they dig themselves out of this mess?

https://usdebtclock.org/

[pooltec]

inflation

[pooltec]

31 Trillion will not seem that much after 10 years of high inflation.  

[mrbb]

you missed my previous post  

[Bigbear7405]

They never will. They system will collapse on it self. at some point.

[GingerEnergy111]

That is such a fascinating site.  How on earth at all?  Almost a quarter of a million per taxpayer. Nigeria looks pretty good in the overall numbers for debt!  Many European countries, not so much. I remember looking at this more than a decade ago (could even be two) when derivatives were only $624 billion and worldwide assets were something like $70 billion.  I was

[Experienced]

A great question with an easy answer.  But also an answer that investors need to think about and is quite relevant to the discussion we have here over the past few days. The answer is that Governments will never pay off their debt.  The reason is simply that they can simply print money to pay off what they need. The relevance to the discussion here? Increasing the money supply results