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This is Already an Economic Crisis
Description
Deficits and the national debt have been growing for so long that most people just shrug when we talk about them. They seem to think that the government can just keep kicking the can down the road. But every road comes to an end.
Path to Liberty: November 1, 2023
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Maharrey – Fiscal 2023 Federal Budget Deficit Third-Largest Ever
James Madison – Letter to Henry Lee (13 Apr 1790)
Peter Schiff: A Crisis Is Already Playing Out Under the Radar
Wall Street Silver – Doom Loop
George Washington – Fifth Annual Message to Congress (3 Dec 1793)
SchiffGold – Record Borrowing on the Way
Daniel Lacalle – Mounting Deficits Mark the US’s Road to Ruin
Roll Call – $80 Billion for the IRS
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