While failure to raise the US debt ceiling would be catastrophic, taking on more debt is a crisis itself.
— The Kobeissi Letter (@KobeissiLetter) May 5, 2023
The US has added $8 trillion in debt since 2020 and $22 trillion since 2008.
It took the US 230 years to add the first $8 trillion in debt and just 3 years to add the last…
Stark realities in the Windy City
https://twitter.com/Chicago_Goofies/status/2081435602767986727