this post was submitted on 26 Mar 2026
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Politics
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Per the St. Louis Fed, we're already at 126.8% of GDP in terms of the federal debt.
Sidenote: It seems crazy to use GDP as a measuring stick for federal debt.
Yes, the country produces over $30 trillion in goods and services per year. BUT THAT'S NOT THE FEDERAL GOVERNMENT'S BUDGET!
The debt is approaching $40 trillion, which is 20 times the federal budget.
For comparison, that's like a household making $30k/year and has a $600,000 loan. "Oh, but our small business brought in $150,000 in revenue," they say, "so no worries, we can make the payments." Yeah, that's not profit and it won't pay down debt.
The debt pyramid will collapse at some point. Maybe not in our lifetimes, but at a certain point, the bankers will get pissed enough to overthrow the system and demand change. And reparations, of course.