Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift... see more

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TSXV:TUO - Post Discussion

Teuton Resources Corp > gold fever to escalate as american debt gets out of hand

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Post by highper on Nov 04, 2024 8:44am

gold fever to escalate as american debt gets out of hand

The US Government will pay $1.2 Trillion in interest on the debt in 2024. Double of what they paid in 2023. And it keeps escalating, as they continue to roll over debt for higher interest rates and must borrow $2,5 Trillion per year to keep up this deficit spending. If their financing needs next year are $5 Trillion, they will be paying $1,5 Trillion next year, almost a third of Government income. It’s hard to see how they will finance WW3.

https://www.thetruthseeker.co.uk/?p=297961

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