US Dollar Index

15. A lesson on Debt

54
Hi traders,
Just something to ponder about.

30T is $7T more than last years GDP
30T is more than the combined GDP of China + Japan + Germany
30T is more than 26x the combined GDP of the 46 least develop countries
30T divided by 330m population means $90,000 per person
If the debt reach $35T, then you can stack up enough S10 notes to reach the moon

1% interest on 30T is equivalent to $300B
2021 Govt revenue is $4.046T

If it ever reach 5%, then annual interest cost is $1.5T.

How long can this continue?



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