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US National Debt Hits $33 Trillion (Eruptions Market Report 9-21-23)

The national debt of the U.S. reached a historic milestone by passing $33 trillion for the first time, less than two weeks before the federal government faces a potential shutdown over a lack of funding authorization.


The debt, which equals the amount of money borrowed by the federal government to cover operating expenses, hit $33.04 trillion Monday, according to the Treasury Department.


THE MONEY PRINTING WILL NEVER STOP.


THE DEBT WILL NEVER BE PAID OFF.


THE US DOLLAR WILL CONTINUE TO DECLINE IN PURCHASING POWER.


This is a FEATURE of the fiat currency system, not a bug.



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