Discover and read the best of Twitter Threads about #DebtLimits
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#FederalReserve is the largest central bank in the world. It’s the US central bank with a GDP of roughly $25 trillion and debt of up to $32 trillion. US is already 130% debt-to-GDP ratio. It’s not sustainable at the current high FED interest rates reaching 5%+
The interest… twitter.com/i/web/status/1…
The interest… twitter.com/i/web/status/1…
#DebtLimits are just a fake virtue signaling asking congress to approve increasing limits each year. We know that high debts aren’t sustainable.
See #FederalReserve chairman Jerome Powell asking congress for increasing debt limits to pay off its debts.
See #FederalReserve chairman Jerome Powell asking congress for increasing debt limits to pay off its debts.
Here’s a prev 🧵 on the FED
