US Debt skyrockets to 120% of GDP; forecasted to hit 200% in 15 years, raising concerns about sustainability and consequences.

Perhaps inflation is what the US really needs.

While inflation is hurting consumers, it is also making the US debt worth less.

If you can't pay it off, then why not make it worthless?

This is unsustainable.

Follow us @KobeissiLetter for real time analysis as this develops.

— The Kobeissi Letter (@KobeissiLetter) December 10, 2023