7 dollars . My thoughts on bank’s, interest rates will go negative on our bank deposits very soon . Yes you will lose money by keeping it in a bank and will it be safe if there is a run on your bank ? . Our country has a national debt of Currently 27 trillion dollars , not counting what the Federal reserve owes . The government just ran out of money in the 3rd month of their fiscal year , maybe a first . They borrowed money under the guise of stimulus
borrowing. Interest rates our at 0
right now . If there is a run on banks to withdraw your money they
quite possibly don’t have it .
The interest on the national debt is now more than the defense budget which wasn’t predicted until 2025 .
Social security fund has been raided and the government now pays benefits out of the government budget . What do you think they will cut ? How much will the next administration borrow ?
Minimum 2 trillion a year , sadly .
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