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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (44646)11/11/2017 12:52:30 PM
From: zzpat  Respond to of 356743
 
If growth gives us balanced budgets explain how a 7% growth rate under Reagan gave us the largest deficits in US history (at the time). There's no growth number that can sustain this level of debt. Recall, we're heading towards dumping $1 trillion of debt on the next generation every single year.

What happens if the US dollar stops being the world currency and all those dollars come back home? We collapse within hours.