Thursday, October 13, 2016

Debtwatch Warning for $19.7 trillion

The national debt is just a billion dollars shy of $19.7 trillion.  Since it has been increasing so fast recently (up $187 billion in the last week), I think if it breaks this barrier within the next week, that would be a really bad sign.   So let's hope the Treasury has enough money for now.  If it is still below $19.7 trillion by 10/20/16, let's breathe a sigh of relief.  It is breaks the barrier, it may be time to freak out.

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