Quote:
Originally Posted by OneHungLo
Now I know you're just a lowly goat herder in serbia, but do you think a company with 3.2 trillion in revenues with 225 million in debt service is in trouble?
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dude you have 20 trillion debt, 3.2 trillion revenues...its not how much it costs to service the debt, its the debt itself that is the problem...
you would need like 7 years of spending $0 and eating nothing just to repay the debt...oh and the debt is going nowhere but up...lets get real here, in 10 years the debt will be 30 trillion...
+possible 1 trillion deficit by 2020
+possible and very likely 1.5 trillion deficit by 2027
https://www.cnbc.com/2017/10/24/budg...man-sachs.html
optimistic version:
https://www.cbo.gov/system/files/115...017outlook.pdf
"CBO does not see the deficit passing the $1 trillion mark until 2022, when it is estimated at $1.03 trillion, then expects it keep rising to $1.46 trillion by 2027."
not looking good
