“Ferguson’s Law reminds us that a great power is on the verge of decline once interest payments on its national debt surpass its defense spending.”
Well, the Iran war is pushing the U.S. defense spending up to about $1.5 trillion annually. The current U.S. annual national debt interest payments are just over $1 trillion.
Lauran is right! Our representatives are bought and paid for. 90% of Americans want voter I.D. to clean up our most sacred right and the crooks won't even pass that. We get the government we are willing to fight for. How about those NCAA basketball games? Look! A squirrel!
Good read!.......Eliminate foreign wars, the Fed, and illegals on the welfare system...all things we have been trying to do for centuries. It does not seem to happen. We are not to question anything, anytime. Thanks for your thoughts................
“Ferguson’s Law reminds us that a great power is on the verge of decline once interest payments on its national debt surpass its defense spending.”
Well, the Iran war is pushing the U.S. defense spending up to about $1.5 trillion annually. The current U.S. annual national debt interest payments are just over $1 trillion.
Ferguson’s Law problem solved for now! 🤣
If global gdp is 110 trillion then carrying a debt of 350 trillion should be able to be paid off on a 30 year fixed rate! No?
Lauran is right! Our representatives are bought and paid for. 90% of Americans want voter I.D. to clean up our most sacred right and the crooks won't even pass that. We get the government we are willing to fight for. How about those NCAA basketball games? Look! A squirrel!
Good read!.......Eliminate foreign wars, the Fed, and illegals on the welfare system...all things we have been trying to do for centuries. It does not seem to happen. We are not to question anything, anytime. Thanks for your thoughts................