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The U.S. National Debt black hole

  • Article
  • Apr 19, 2023
  • #Finance #UnitedStates
Croesus 🔴
@Croesus_BTC
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www.onceinaspecies.com
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It’s a funny bit of wisdom that we all learn at some point, along with the useful tidbits of everyday experience: look both ways before crossing the street, buckle your seatbelt, an... Show More

It’s a funny bit of wisdom that we all learn at some point, along with the useful tidbits of everyday experience: look both ways before crossing the street, buckle your seatbelt, and be careful not to cross the event horizon when you’re near a black hole.

None of us will ever be in this predicament, and yet, we all somehow know this bit of sage advice. Don’t mess with the event horizon.

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Greg Foss @FossGregfoss · Oct 1, 2023
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This article summarizes the USA debt spiral 🌀 and the (limited) options available. A soft default is pure #math. Protect yourself. #btc Well done Jesse.
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