Krasnov is Taking us to 3rd World status
A lot of people, I guess doves, never worried about the US debt. The reason was they used debt to GDP, the interest on the debt was always much lower than our growth, not any more. Now the interest on our debt matches our growth which is a BFD.
Krasnov's Big Ugly Death Bill is going to make the situation much worse.
There are basically 2 solutions to the problem of our massive debt:
1. Raise taxes - yeah, right, OK.
2. Cut spending, and the spending cuts that will be needed will turn our country into Egypt or some other piss poor country.
Hey, the top 0.1% rich people will survive, won't have to change their lifestyles.
Maybe crypto will replace the dollar? Keep your eye on the dollar, it has been tanking just like Krasnov wants.
Looking at the stock market and the bond market, one them can't be right, can't be an accurate representation of our economy.
The Kabuki Theater that has been going on with our economy is going to get real.
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