4 ms·
With covid-19, the U.S. Congress is really hammering the Cosmic Credit Card. The deficit and the debt seem to be Really Big Numbers, existing in a scope outsid
by smitty1e 7y ago
With covid-19, the U.S. Congress is really hammering the Cosmic Credit Card.
The deficit and the debt seem to be Really Big Numbers, existing in a scope outside of economic reality.
One has the impression that this is not an economic perpetual motion machine.
Maybe covid-19 could sink the USD and usher in a new economic phase.
But seems unlikely, and there further seems zero political will to do anything more sane fiscally.