Caption:
U.S. Treasury note being examined by former buyer.
Posted on 04/16/2024 3:07:20 PM PDT by george76
The International Monetary Fund sounded the alarm on the Biden administration’s rampant spending as “out of line with what is needed for long-term fiscal stability.”
The latest forecast from the IMF — a Washington-based group tasked with fighting financial crises worldwide — warned that the ballooning national debt and the fiscal deficit threatened to exacerbate sky-high levels of inflation while posing a long-term risk to the global economy.
The IMF noted in its forecast that the US federal budget deficit grew from $1.4 trillion in fiscal 2022 to $1.7 trillion last year.
...
The debt held by the public, which surpassed $34 trillion, is on course to exceed $45.7 trillion within a decade — which is roughly 114% of the gross domestic product,
...
The IMF, a financial agency run under the auspices of the United Nations
(Excerpt) Read more at nypost.com ...
You’re probably going to see a wave of retirements as the system collapses.
The IMF is a parasite, a parasite on all member countries. It gets its money from member countries, the US being the largest contributor, and then gives the money away. It has long surpassed its usefullness and it should not exist, musch less lecture the US on its debt. It creates nothing, and is never held accountable for any of its loans.
Oh somethings gonna give all right, like a barge ramming a bridge.
Something has to give all right, every penny us ATM bots own, you know, “For the Greater Good..”
President Retard will claim he has a surplus and libtards will believe fake news broadcasting it as fact
The Democrats plans involve spending us into bankruptcy and then they can declare a national emergency and suspend the Constitution until they can “solve” the problem.
Politicians say, “More Taxes, will solve everything!”
....and the band played on...
Are they afraid that President Trump will cut off the bribes?
Caption:
U.S. Treasury note being examined by former buyer.
Exactly
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