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[U.S. debt headed toward Greek levels by Jason Russell] "United States' projected debt over the next 25 years looks a lot like Greece's over the past 25.

With all the chaos unravelling in Greece, Congress would be wise to do what it takes to avoid reaching Greek debt levels. But it's not a matter of sticking to the status quo and avoiding bad decisions that would put the budget on a Greek-like path, because the budget is on that path already.

A quarter-century ago, Greek debt levels were roughly 75 percent of Greece's economy — about equal to what the U.S. has now. As of 2014, Greek debt levels are about 177 percent of national GDP. Now, the country is considering defaulting on its loans and uncertainty is gripping the economy..." Full text: U.S. debt headed toward Greek levels Pr 22:7, Hab 1:1-17, 2:1-10

Related: 

Planet X


Debt Ceiling

Trade War China  

DOL

One World Government/Religion

Famine

Big Banking

Big Labor

Big Climate

Change You Can Believe In

Morals in Modern Day Society  

Federal Reserve

 

 

Lew: US goes broke next month 

Boehner-Obama Spending Deals Have Increased Debt $3,970,023,503,348.07  

Massive Debt, Budget Deal Introduced In Dead of Night, Vote Violates Another Boehner Pledge  

Debt Under Obama Up $8,000,000,000,000

Debt Soars $674 Billion -- In One Month  

$8,314,529,850,339.07: Debt Up $70,612.91 Per Household Under Obama  

National Debt Hits $19 Trillion  

Banking insider claims: The upcoming economic breakdown will be worse than ever before  

Debt jumps to $100 billion in one day

Federal Debt Tops $19,400,000,000,000 

National debt hits $19.5 trillion 

CatholicCrusader View Post [After all the dumb threads you've started you finally struck gold...] I said previous threads were dumb, I did not say you were dumb. Plus I was complimenting this thread.  You just can't please some people. Some folks just  want to be offended.



I'm not interested in your rebuke or your compliment (Ga 1:10).

patrick jane View Post Serpy is on a mission.

That's right (Lk 11:34).

Ch-check it out ~ Beastie Boys

Debt Up $9,000,000,000,000

Federal Debt Nears $20T

Debt Climbs $1,054,647,941,626.91 in '16  

Global Debt Hits 325% Of World GDP, Rises To Record $217 Trillion 

Obama Leaves USA $9,335,000,000,000 Deeper in Debt

$75,129 Per Full-Time Worker  

Mitch McConnell Vows to Raise U.S. Debt Ceiling

USA Credit Rating in Doubt

Trump slams Ryan, McConnell over debt 'mess'

National Debt Tops $20 Trillion  

Federal Debt Increases for 60th Straight Fiscal Year

Donald Trump Signs Bloated Bipartisan Spending Bill; Hails ‘Big Victory’ for Military

Stimulus puts US debt on an upward trajectory

It didn’t take long for the U.S. to rack up another trillion dollars of debt 

US needs to borrow $300 billion -- this week

Federal Debt Primed to Explode

...Trillion-dollar deficits come roaring back

The U.S. Just Borrowed $488 Billion, a Record High for the First Quarter

US Debt Burden Set to Break Record in Early 2030s

Historic Government Spending Spree Underway

U.S. on a Course to Spend More on Debt Than Defense

U.S. state spending exceeds $2 trillion in fiscal 2018: report

Debt Posted to Hit $22 Trillion 

Reply to shadow332

[Global debt hits all-time high of $184,000,000,000,000 (politics)]

Guess it's time to go to war with China. :juggle:

Republican House Increased Debt $7.9 Trillion in 8 Years

The House Is Set To Vote On Trillion Dollar Spending Bill Tomorrow. No One Has Read It.

US debt hits record under Trump, Republicans mum

U.S. Budget Deficit Widens 77 Percent

Federal Spending Tops $3 Trillion Through May for First Time; Deficit Hits $738 Billion

Federal Borrowing Soars as Deficit Fear Fades

Budget deficit smashes $1 trillion mark, the highest in seven years

U.S. trade deficit widens

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Debt Passes $28 Trillion For First Time

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Federal Taxes, Spending and Deficit All Set Records 

Consumer Price Inflation Is Nearing 1970-Type Numbers

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Yellen Admits Inflation Is About To Surge, Says It Will Be A “Plus For Society”

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Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks

Inflation Continues Rapid Surge in June – Rises at Fastest Pace in 13 Years

US companies continue increasing prices of their products, fueling record levels of inflation

America’s debt bomb set to explode thanks to massive new spending as Democrats, Republicans eye more multi-trillion dollar “stimulus” packages

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The Six Largest Wall Street Banks Issue Market Red Alerts

Treasury Secretary Comes Forward with the Truth About US Debt

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Dollar hits 25-year low against shekel, drops below 3.1

Crushing Inflation Hit 30-Year High In October

Biden Signs $1.2 Trillion Infrastructure Bill in Bipartisan Ceremony

Yellen warns US could default soon after Dec. 15

As The Pretend President Retreats To A $30 Million Dollar Nantucket Mansion, Bidenflation Making This Thanksgiving Dinner The Costliest One On Record

Inflation Stretching Budgets Thin For Americans As They Rethink Holiday Buying 

This Inflation is Premeditated & Permanent

Inflation Causing Hardship for 45% of U.S. Households

And Just Like That, Inflation Is About To Disappear?

Inflation Surges to 40-Year High

US consumer prices post biggest rise in nearly 40 years; inflation close to peaking

40-Year-High Inflation Is Just the Tip of the Iceberg

Factory Orders Plunge Twice as Much as Expected

Is The Real Rate Of Inflation More Than Twice As High As The Number We Were Just Given?

Inflation up 7.5% from year ago, highest year-over-year increase since February 1982 

No end in sight for inflation: Consumers and small businesses will continue to suffer as long as the money printing continues

The Russia/Ukraine Conflict Is Being Set Up As A Scapegoat For Continued Accelerating Inflation

Another key inflation indicator surges to highest level since 1983

Real Wages Decline 12 Times in the Last 14 Months – Mish Talk – Global Economic Trend Analysis

Study: Americans Would Need to Spend $5,200 More This Year to ‘Live The Exact Same Life’

US inflation rate hits 8.5%, a 40-year high; White House blames Putin

Inflation surges by 8.5% to 40-year high

Material quotes ‘only valid for 24 hours’ as inflation grips

The Inflation Draining Your Wallet Is A Whole Lot Steeper Than 8 Percent

US Economy Crashes Headlong into Recession

How Governments Expropriate Wealth With Inflation And Taxes

The UN-Created ‘Build Back Better’ Is Now Being Used To Drive America Into A Crippling Recession As The Great Reset Rises

Globalism, central bank money printing are the real root causes behind inflation and shortages 

Build Back Better And The Great Reset Is About To Send America Into Another Obama Era Recession And Maybe Worse

Ticking retirement timebomb? Unfunded state pension liabilities grow to $8.28 trillion

Food, fuel and consumer goods in America are more expensive than ever 

Demand for imports plummeting as global economic house of cards implodes

Consumer demand is drying up, leaving shelves at big-box retailers overstocked with things nobody wants

The Engineered Stagflationary Collapse Has Arrived Here’s What Happens Next 

London:  Thousands of left-wing protesters gathered in London on Saturday to march against the rising costs of living

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Bonds, Bullion, & Black Gold Drop, Dollar Pops As Fed Confirms Hawkish Stance

AT&T Crashes As Americans Can’t Afford To Pay Their Phone Bills

Around half of older Americans can’t afford essential expenses: report

To Stop Inflation Protests, Panama Fixes Prices Of Groceries, Medicine

45% Of Independent Restaurants Couldn’t Pay July Rent (Up 7%) 

Economic Slowdown Now, Recession Coming In 2023

Even Walmart is too expensive:  shoppers choosing Aldi and Dollar Store

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Largest Price Increase ever for Cereal, Fruits, Veggies, And Soups Has Already Occurred And Prices Are Still Rising

$10,000 student loan forgiveness plan The Economic Ninja

Government Documents prove the ‘Cost of Living Crisis’ is being implemented by design to advance the WEF’s Great Reset 

"President" Joe Biden’s Magic 0% Inflation Is Costing American Families an Additional $717 a Month

Record Number Of Americans Are “Suffering”, Surpassing 2008 Crisis Levels; Gallup Poll Finds

American Drivers Go Deeper Into Debt As Inflation Pushes Car Loans To Record Highs

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As Europe Implodes, It Plans “Radical Intervention” Including Price-Setting, Suspending Derivatives Markets And Europe-Wide Margin Call Bailouts

Inflation Has Plenty More In Store For Equities

Poll: 63% of Americans say they are falling behind the cost of living

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The tide has turned: Shipping lines no longer interested in renting container vessels 

Goya Foods CEO Bob Unanue accuses government of using inflation to ‘enslave us for their own greed and power’

US National Debt Blows Past $31 Trillion

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Markets Are Expecting The Fed To Save Them – It’s Not Going To Happen

Credit Card Rates Just Hit A Record As The Average Car Loan Rises To Fresh All Time High

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Retirement plans set for trillion dollar ‘tailspin,’ economists warn

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Food prices rise again as inflation outpaces wage increases

Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says

Middle-class shoppers turn to discount supermarkets as soaring inflation hits household budgets

1 in 4 Americans Say They Won’t Be Having Thanksgiving Dinner Because They Can’t Afford It

Jerome Powell Claims ‘Nobody’ Expected Inflation To Get So High. Here Are The Economists Who Did.

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“Massive Wave” Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy

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Economic Meltdown

Inflation, Recession, & Declining US Hegemony

Laid-Off Silicon Valley Workers Panic Sell Start-Up Shares As Valuations Crash

Local governments loot home equity from homeowners to cover property tax debts

Prepare for a “grocery police state” with guards, rationing and riots 

Democrat-induced food inflation set to continue into 2023, offering hard-pressed American families no relief 

An Age Of Decay

The Economic “Tipping Point” Has Arrived

House Republicans Prepare To Execute Emergency Strategy For Breaching Debt Limit

A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status

Consumer spending plummets as Americans lose access to cheap credit

U.S. credit card debt jumps 18.5% and hits a record $930.6 billion

Biden takes fire as food, shelter, gas get more expensive

As The Economy Implodes, Credit Card Balances Are Increasing At The Fastest Pace In U.S. History

Subprime Auto Lender And Used Car Retailer Collapses As Distress Cycle Finally Arrives

Bankruptcies Absolutely Soar As America’s Absurd Debt Bubble Begins To Implode

Canada: Millennials Dominate Insolvencies In Canada As Credit Card, Student Loan And Other Debts Pile

Pakistan:  highest-ever annual inflation; stampedes for food kill 16

Global Bankruptcy Already Baked In 

France: Bakeries Are Suddenly Shutting Down 

The Fed, Bank Of America And Hordes Of Corporate CEOs Are All Warning That A Recession Will Happen This Year

It’s A “Defund-The-Global-Police” Moment, Jen Says De-Dollarization Is Happening At A “Stunning” Pace

Cash Use Rises As Households Struggle To Cope With High Inflation

The Great Student Loan Nonpayment Boondoggle Is Over And Household Spending Is About To Collapse

Debt Jubilee 

BRICS bloc is adding members, planning new currency to challenge US dollar

China, Russia, and Iran Forge New Oil Agreements to Create New Energy Market Order 

Middle-class shoppers turn to discount supermarkets as soaring inflation hits household budgets

Walgreens to axe 150 stores by summer 2024 

Americans ‘Dumpster Dining’ To Save On Grocery Bill

There Are 70 Major Bankruptcies In Just 4 Months This Year 

Vast Hordes Of Americans Are Being Forced Out Into The Streets As The Middle Class Disintegrates

Gasoline: The Price Rally That Nobody Saw Coming

Yellow Ceased “Regular Operations” On Friday

Fitch downgrades US credit rating to AA+

Hartnett: US Debt To Rise By $5.2 BIllion Every Day For The Next 10 Years

7 Trends Which Indicate That Economic Disaster Is Approaching

US credit card debt tops $1 trillion, overall consumer debt little changed

Major Supply Chain Issues Are Starting To Develop All Over The Country

Food Stamp Bonanza Sends Grocery Bills Soaring 15%, Study Finds 

Poor Americans Skip Meals, Can’t Afford Power Bills, Miss Rent Payments

Food Shortages And Price Hikes Are Back 

The Child Poverty Rate In The United States Has More Than Doubled

Survey: 96% of pharmacy techs report drug shortages

US Debt Spiral Is Reaching Terminal Phase

Costco Reports Massive Price Hikes On Essential Items Are About To Hit Thousands Of Stores

Skimpflation: When companies downgrading ingredients to reduce manufacturing costs 

The “Mad Max” Environment That Now Reigns In America’s Streets

The Middle Class Is Working Harder Than Ever

Britain’s poor unplugging refrigerators 

Europe in recession, no engines of growth

Hasbro Lays Off 20% Of Company On Plunging Toy Sales, Parents Can't Afford Toys 

Hyperinflationary Collapse AMTV

The Truth About The Economy That The Mainstream Media Is Not Telling You

Red Sea Blockage Means A New Round Of Surging Cost-Push Inflation

62 Percent Of Americans Live Paycheck To Paycheck And The Bottom Of The Economic Food Chain Is Already Collapsing

We Have Become An Extremely Gluttonous Society That Consumes Far More Than It Produces

Americans Are Tired Of Tipflation

The World Is Sitting on a Powder Keg of Debt

How Xi is challenging dollar dominance with landmark Saudi deal

Americans Are Canceling More of Their Streaming Services

Self-Checkout Kiosks At 4,500 Walmarts Now Offer ‘Buy Now, Pay Later’ Loans For Basic Items

The New World Order Really Does Not Like It When Someone Starts Shooting at Cargo Ships and Disrupting Global Trade

US facing ‘death spiral’ of swelling debt

Food Prices To Skyrocket In 2024

National Debt