For those keeping track, US debt just jumped by another $40 billion in one day.
— The Kobeissi Letter (@KobeissiLetter) October 12, 2023
We are now at $33.55 trillion in Federal debt, just 25 days after it hit a record $33 trillion.
At the current pace, the US would add $1 trillion in Federal debt every 45 days.
Since 2008, the US… pic.twitter.com/Wp5oG1A3pO
How is this sustainable?
Written by Michael E Dehn
Founder and CEO of Metro Pulse a continually running enterprise since May 1980.
October 12, 2023
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