America’s Insolvency is Mandatory

In October, the U.S. national debt reached $31 trillion, and the government is projected to wade another trillion dollars into the red in the 2023 fiscal year. The longer-term picture is even gloomier, with the deficit expected to double to $2 trillion by 2030. Indeed, the longer the horizon, the worse things get. At 98% of Gross Domestic … Continue reading America’s Insolvency is Mandatory