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Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
The federal government is on track to borrow nearly $1 trillion this fiscal year — President Donald Trump's first full year in charge of the budget.Continue Reading http://www.chicagotribune.com
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Just a question: with debts like that, how can that be sustainable? In this everchanging world and radical shifting of geopolitics and powers, there'll be a day that lenders come knocking on the door for their money. That'll be pretty much the end of the USA and for a long time also, because, it's hardly possible to repay that kind of debt. Hmmm, well, mr Trump, keep on stirring the geopolitical bouillabaisse for optimal effect.
Eighteen trillion here, sixteen trillion there... Pretty soon you start talking about real money.
You have very good point there, because it sounds and reads like "nothing too much".
Exactly. Work the idea into your sentences until semantic satiation drains it of all conceivable meaning. For instance, “The planned-for, service-lifetime cost over fifty years of the star-crossed F-35 is expected to be $1.8 trillion dollars, before any potential cost over-runs.” See? The money just spends itself after a while like water finding the fastest route to the sea. Try it yourself: "The F-35 requires one-hundred hours of service for every hour of flight time," or "The F-35 is so expensive to operate that we can't afford to train what pilots we can afford to keep, on actual aircraft any more." Nothing to it.
Ah yes, the FDIC-insured-to-the-hilt derivatives market before Bitcoin was a traded commodity.
Sigh, as smart as we are, huh? Still we struggle.