What is Nostr?
HARRY 3 / Tezza
npub1qv5…7xxu
2023-10-01 06:41:40

HARRY 3 on Nostr: In 1947 the outstanding Fed debt was $258B.( USA was emerging from WW11) this was ...

In 1947 the outstanding Fed debt was $258B.( USA was emerging from WW11) this was 110% of GDP.
The Fed. Debt would decrease as a % of GDP until 1974.
The Fed debt now sits at over $33T or 122.8% of GDP.
Japan’s debt is 259% of GDP.
This is clearly unsustainable and is past the tipping point of recovery.
This is why we Bitcoin and why it is slowly being adopted.
Author Public Key
npub1qv5cyr7kwk35qw88tt5jjl7qpd6ntr98jxn5rplgu2d4v0uk8c4qlj7xxu