Friday, June 28, 2024

 From a friend.

According to this article the United States followed by China and Japan  lead the World in public debt.  The U.S. is $35 Trillion, followed by China at $15 Trillion and Japan at $10 Trillion.  I assume all that data is converted to U.S. Dollars to be comparable.  Friends that is a total of $50 Trillion with the U.S. share being 34% of the World total public debt in 2023!  There are no plans to pay any of it off!  
 
Yet the United States has pledged up to $21 Billion to the International Monetary Fund to help--get this now--relieve global debt!  
 
To do that will not the United States have borrow another $21 Billion on top of the $35 Trillion we already owe????  Who is minding this Bailey Brothers Building and Loan?  Janet Yellen?  Antony Winken Blinken?  Please do not say Kamala Harris!  I am certain Biden is not, he and Jill are trying to find the outhouse on Omaha Beach!


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