One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL
— John Haar (@john_at_swan) July 2, 2024
During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering £7.4 billion. Similarly, during World War II, the government heavily borrowed to finance the war effort against the Axis powers.
Excellent read
The whole economy is a dumpster fire. Inflation, money printing, massive national debt, and crazy politicians that offer no solutions
People invest in the market like the good times will never end
They always do and many are going to have to learn the hard way pic.twitter.com/z5UPrd80Sz
— QE Infinity (@StealthQE4) July 2, 2024
Winner of the internet today
Ht @PhilipJagd pic.twitter.com/xwU27JiSVm
— Michael A. Arouet (@MichaelAArouet) July 2, 2024
US debt increases by $109B in 1 day. pic.twitter.com/s80te6cdb6
— Sven Henrich (@NorthmanTrader) July 2, 2024