In case you missed it, yesterday we alerted you that the United States government has now officially accumulated $19 trillion in debt.
This time it took them just 427 days of printing to pile on this last trillion dollars, compared to the over 75,000 days it took to rack up the first trillion dollars in debt.
They’re definitely getting better at this.
Brook Asset Management was up 7.27% for the first quarter, compared to the MSCI GBT TR Net World Index, which returned 3.96%. For March, the fund was up 1.1%. Q1 2021 hedge fund letters, conferences and more In his March letter to investors, which was reviewed by ValueWalk, James Hanbury of Brook said returns during Read More
The thing is—most of the mainstream new sources that have printed this news still aren’t sounding the alarm.
What is another $1 trillion in debt when the government can just keep printing?
After all, they claim, we owe it to ourselves.
And they’re right.
The government owes most of this debt to you.
YOUR pension fund.
The banks where you hold YOUR money.
The central bank that controls YOUR currency.
Check out this infographic we’ve put together to see for yourself how this all breaks down: