BIDEN: "The federal deficit is down by 160,000— 160,000,000 bucks!"
He is, of course, LYING. pic.twitter.com/Y4fIbhhldE
— RNC Research (@RNCResearch) March 26, 2024
US government spending is spiraling out of control, with Debt-to-GDP ratios on a dangerous trajectory towards unsustainable levels. With a Debt-to-GDP ratio skyrocketing to 124% and on track to surpass 130% by 2033, it’s clear that we’re careening towards a fiscal cliff.
How out of control is US government spending?
"Since 1800, there have been 52 countries that saw a Debt-to-GDP above 130%, 51 of those countries have defaulted." – @TKL_Adam with @cvpayne
Currently, the US has a Debt-to-GDP ratio of 124% which is up over 20% since 2020.
The… pic.twitter.com/OyUaenXG8x
— The Kobeissi Letter (@KobeissiLetter) March 26, 2024
Impact of Treasury Issuances on the Yield Curve
In February 2024, there were over $2.5 Trillion U.S. Treasury securities issued. In 2023, there were $22.7 Trillion issued, which is more than what was issued in 2020.
We decided to take this opportunity to provide a brief… pic.twitter.com/2lKmVEAoUJ
— Reef Insights (@ReefInsights) March 26, 2024
BREAKING 🚨🚨🚨: Federal Reserve Federal Reserve generated its biggest loss in history of $114 billion last year pic.twitter.com/wtmlheejjs
— Win Smart, CFA (@WinfieldSmart) March 27, 2024