Should we start with their debt?
So $36 Trillion debt, last year they took in $5T and spent $7T
Musk thinks it’s possible to cut $1T through DOGE, maybe.
Now look at their borrowing
Look at the numbers in the last couple of years when their economy has been booming! Record highs on the Dollar & Stock Market, Low Unemployment etc etc. Now what happens when there is a recession or worse???
Their Govt fiscal year starts in October, by end of Nov just 2 months in they had already borrowed $624B
Why do you think Buffet, Bezos, Zuckerberg and anyone of high value is selling at 6:1 to what they are buying?
Soon when you are paying $10 for a cup of coffee you might realise the game is close to over for the USD.
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $65.37M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $158.8K | 7.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 7890766 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4837336 | 4 |
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| Last trade - 12.36pm 30/06/2025 (20 minute delay) ? |
| WWI (ASX) Chart |