The U.S. borrowed $50 billion a week for the past five months
https://fortune.com/2026/03/10/treasury-debt-borrowing-five-months-deficit-warning/Open linkView original on lemmy.world832
Comments187https://fortune.com/2026/03/10/treasury-debt-borrowing-five-months-deficit-warning/Open linkView original on lemmy.world
Sounds like there needs to be some sort of efficiency department set up
We can call it the Department Of Grifting Everyone
For healthcare? Education? Can’t possibly imagine what …
Maybe they are secretly building a super efficient and expansive social safety net behind our backs and making it a surprise!!!!
You are more likely to become soylent green.
Dammit! Now you made me hungry again.
Just nibble on your finger, Food!
From blood bag to sack lunch: the life & times of a pre-wasteland pleb.
No they are building a space ray to shoot down some planet we never heard of.
Probably earth honestly.
Well don't blame me, I voted for kodos.
Abortions for some, miniature American flags for others!
space wall, but the aliens are paying.
Are they paying directly for the space wall or are we collecting via tariffs again?
Poor Pluto. I've heard of you, baby.
Urectum
It’ll be ready in just two weeks.
I hope so, for your sake.
You gotta be willing to spend if you want to build the biggest and best ballroom ever made.
Good thing the fiscally responsible party is in power
Gotta spend money to make genocides
If my finger-counting math is right ye yanks, on average (including children), are paying ~$250 a month just in interests... I ain't no economist but that seems like a lot.
Gets worse when you realize it’s mostly the middle class paying it
There's no such a thing as 'middle class'. The working class is paying all of it.
Fair.
It's not fair. It's reality and exactly by design. It's always been a class war and rich people have been winning for a very long time.
I meant them correcting me saying “middle class” is fair
Breathe.
Reality doesn't breathe.
Chill.
Is that a you, Mario?
If we get some crazy inflation that won't be more than the price of a cup of coffee.
Let's go for coffee I'm buying
Hahaha oh god...
It's actually worse than this if you just consider the number of working adults.
Which is about 165 million.
Which means every working adult is paying ~$500/m just on the interest.
Which.... Isn't working, at all, the US is cooked.
The only good jews is the working class has already been squeezed really hard. We can't support that debt. The wealthy are going to have to start chipping in
I know in being optimistic here, but it's possible for another FDR-type era
The only good WHAT?
Its less when you realize that the debt is mostly held by American investors.
Makes me feel so much better knowing my hard-earned money is going to wealthy Americans /s
The working class is who pays disproportionately high taxes. The wealthy are the ones holding large numbers of bonds
I just saw a study that said if Trump continued on at this rate, he will be responsible for 55% of the national debt. And that was BEFORE the Iran War.
When we get these psychopaths out, and start to rebuild, we already know that they'll suddenly get fiscally conservative, and they'll pretend to be concerned about spending.
When that happens, just take theirs away. THEY are responsible for the debt, so if it bothers them so much, they should be the ones to make the sacrifice to pay it back.
That cycle has gone on repeat over and over and over again for literally my entire lifetime. It's all I know. That has been my experience with with the US government, for my whole life.
I'm tired, boss.
Dumbfucks will always dumbfuck. Trick is to get the voters who stayed home. The numbers I found with a quick search ...
Trump won 49.8% of the popular vote.
Of the 65.3% of the eligible voters who voted.
Which means actually only 32.5% of Americans voted for him, in the sense of "could be arsed to get off the couch and cast a ballot".
That's an encouraging number to work with.
And the pendulum swings harder every time...
Maybe if more people showed up and voted instead of bitching about the choices available, we wouldn't get a broligarch blowing republican in office every 4-8 years. Less than 70% of voters ever show up, so those of us who don't show up are also responsible for letting the republicans win every other cycle or so.
It's the Two Santa Strategy, they have been doing that since Reagan.
https://www.salon.com/2018/02/12/thom-hartmann-how-the-gop-used-a-two-santa-clauses-tactic-to-con-america-for-nearly-40-years_partner/
Democrats meanwhile are incapable of appealing to a lot of voters.
assume the dems are going to get in, given the recent events i dont see how some of them will get elected, with people like schumer/hakeems and the other dinos, NEWSOM is pretty unattractive right now . they are complicit to the GOP agenda, only AOC, bernie, and maybe some other is fighting it.
are people even going to remember what hakeem and schumer did in the next election, who they tried to shield when voting for the shutdown.
They already pretended to care about spending and then some guy called Big Balls helped Elon Musk harvest all our data
I hate how that is not even a little taken out of context or exaggerated.
remember russia hacked the moment doge got access to the SS/ and other data.
I kinda suspect that debts to people and companies within the US would mostly get erased. Because at the end of the day, money is a fictional thing we invented to make it easier to conduct trade. Odds are that we would take away the real valuables from the former elites - their buildings, land, assets, and finding jobs for honest workers at places that don't suck donkey.
We might be able to beg foreign nations to delay or restructure debts. Maybe. Depends on whether the diddler in chief presses the nuclear button.
Historically this is always solved through inflation. Always.
Link to study please please please
Lmfao, I hope you're not setting your calendars for 2 years from now.
Because that's not gonna happen.
Oh, yes it is.
Damn ... if only there was a department of government efficiency to stop insane and fiscally irresponsible shit like this.
Or ... we need a branch of government that "controls the purse" so crazy spending like this doesnt happen.
Actually, we did all those things and now America is Great Again
Oh yeah! I forgot. Problem solved.
We’re not even as great as we were a week ago.
Ah, Republicans. They make a huge deal about spending any time they are not in power and then spending like a drunk Sailor when in power.
Its a deliberate strategy they've used for the past 50 years. Its called the Two Santa's Strategy.
There’s someone who knows history!!
Every accusation a confession
Overseen by man with significant history of refusing to repay loans.
Hahahahaha
Oh man, this must be that FiScAl ReSpOnSiBiLiTy I keep hearing about from the
reichrightEven years ago, you could tell how honest the Tea Party people were by asking if they'd defund the police or military.
so rather than just pay a tax like a socialist country would up front, US is now only just surviving on tariffing ..which is paid … by their own people ….as a tax. On top of whatever tax you already pay ……while digging more deficits.
You know, I used to think that "our children will have to pay for it" only applied to the working class.
Now I'm wondering if the people in power recognize how this might end badly for their offspring. I hope it does.
There's a 0% chance I'm going to slave away while some rich family's children live like gods.
Man says he'll never do the thing he's been doing is whole adult life.
That's what you think.
Not everyone got trapped in wage slavery, just the majority of you. Those of us who didn’t still care tho. We want you to have a drug dealers life style without having to sell drugs ❤️
Unless you're part of the owner class you're a wage slave too comrade.
Class consciousness is the only way out of this.
I mean, there is the petite-bourgeoisie which can own their means of production and perhaps afford to pay a few others to work with per but are otherwise still oppressed by capitalism, albeit in a smaller way
I mean what’s the owner class? I own my house and my car. I own my own farm and water. I farm my own food/tobacco/pot. I own assets and participate in capital markets. I have never earned a wage from a capitalist so idk. We can have solidarity and want the same thing, but like I said not all of us are ‘wage slaves’. I used to have employees and none of them were wage slaves. All my employees paid off their college loans and bought houses, and still had disposable income to party.
all while essential services dry up and wither at every level of government....
My esteemed congratulations to 1930's history enthusiasts.
You're about to relive it
What do you mean bread costs 2 million riechdollars. I got a wheel barrel ready for my trump bucks
I'd say that history rhymes, first as a tragedy, then as a farce, but I know enough of the 30s to understand it was clown shoes then too
Just for the sake of argument: It's possible to create gasoline from any hydrocarbon feedstock (wood, cow shit, OSB scraps, rice hulls, sugar) for about $12/gallon. At 42 gallons of gas/jet fuel/diesel/kerosene per barrel of oil, that's roughly $504 of finished product per barrel (@ $12/gal).
That means $50 billion would get you about 100 million barrels of synthesized oil. Since the US consumes about 20,000,000 barrels of oil per day we'd be able to synthesize 5/7ths of our oil consumption from waste biomass for that $50 billion per week. Food for thought.
wouldnt it be pretty expensive to bio-convert plants/animals into fuel. instead of just extracting it from the ground. and not even including extracting it from things like corn.
About $12/gallon. If you count the real cost of oil (forever wars, climate catastrophe), it'd be more than that. That's my point.
Ah, your brain works like mine, it see the simple math everywhere.
That’s when we get into greenhouse effect, climate change, sea-level rise al brought to us by fossil fuels.
If they use plants, then it can be recently sequestered CO2, breaking even.
But how much profit would that generate for shareholders? /s
Thank god Doge found all that extra money.
They say anything to get into power. Literally anything. None of it matters and they know it.
A billion here, a billion there, pretty soon you're talking real money.
...but what about the bones?
They should be used for broth, not to sharpen the dentures of a senile old racist...
This will have to be re-edited to ONE TREELLION DOLLARS.
Uggg this old trope.
It's not really "borrowing" when they print the money.
It's just another wealth transfer from the poor to the extremely privileged.
M2 money supply actually had not increased for a while and only recently surpassed the previous peak in 2022. Meanwhile US debt and debt to GDP ratio increased modestly (and is in fact down from the COVID era peak 'thanks' to inflation) meaning that it's mostly the treasuries market that was funding the new debt (i.e. borrowing)
With quantitative easing, the two are more similar than different
I disagree, according to my observation U.S. borrowed at least $69.7B per week 1 394,11 / 20
Where do you source that data?
it's from Deutsche Börse
Nice lol
As a solitary meat popsicle with limited understanding of fucked up shit, at what "level" of fucked up shit is the US finally and officially "perma-fucked"?
Every time my meat popsicle brain thinks "That's probably the last straw" they find thousands more straws somewhere AND I DON'T GET IT.
That was back at the moment when Trump threw around enough tariffs to make countries with longstanding enmity sign direct trade deals with each other, cutting us out as the middleman. Those will never, ever come back (they were mostly forged in the wake of WWII, when the US had the only functional economy)
As for when we'll see it? I think we have a "oh shit" world stage moment if the US tries to attack Greenland, as Denmark will then have to defend - and then by chain of treaties WWIII kicks off.
If we avoid that fate somehow, then there probably won't be a specific moment - the US will over twenty or so years just slowly collapse in on itself and other countries will quietly start ignoring US while publicly paying lip service. … - There will probably be an event when we publicly can't afford the giant military we have which will be an existential crisis for a news cycle.
That's my attempt to read the tea leaves in the crystal ball.
I'm going to start fantasizing about 15 years from now being invaded by Canada and running out into the street to thank them for it
May the streets run red with maple leaves
Hey hoser, I'll be happy t'a meet ya there with a brewski.
We'll exchange brewskis, insult each others' brands, and shakes hands abouts it.
Sounds like a plan!
Bigger shock is that somebody loaned him anything since his bankruptcies have been public knowledge for decades
It’s the federal reserve loaning the government money, there’s no way they’re paying for all this in bond auctions.
Still makes him a larcenous thief
I mean ya he's handing himself money and handing your grandchildren debt. They've been doing this around the clock since 2008. The government only exists to help billionaires steal your hard earned money.
Jokes on them, ain't no kids to have geandkids
None of us are which is funny as fuck, but one of us will be the last generation of old farts with no kids to take care of us.
It's certainly on my mind. I figure, I'll keep going as long as my wife's alive, she's worth the struggle. Once she's gone, it may be time for a revolving cylinder style exit
Oh there’s always another bright moment to look forward too. I’m sorry to hear about your wife, cherish the time you have.
-a depressed guy with a stick in his eye
Trump has never paid his bills a day in his life.
He fucked over his own chauffeur, and thousands of his contractors and employees. He's declared bankruptcy something like eight times, leaving investors with nothing. He's gone to court over a thousand times; no other real estate developer has these problems. Interestingly, his mentor was Roy Cohn, who had the same issue of skipping bills (coincidentally I am sure).
So, long story short for libbies, Trump will buy a company named "American Fury MAGA USA Friends" and transfer all the country's debt to it, and THEN that company will declare a new feature he's devised, called "Supreme Bankruptcy" which cannot be overturned by the Supreme Court because it's Supreme, too.
Problem solved, in your face commies
......
Related to this problem, our entire country's financial system is based on debt; we don't even control our own money. The FED is controlled by select appointed bankers, who practically all work for banks or are on the boards of banks and investment firms before and after their appointed terms.
The dollar is worth less every year for a reason, it's called profiteering. It's designed to collapse; with each collapse these same interests buy everything once prices are tanked. Then, they start the process again. Every year it gets exponentially worse because math is mean.
They don't even hide it.
https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm
his bankruptcies are intentional to allow russia to money laundering through his properties. he also somehow ousted MARY TRUMP of the will of his parents too.
The best way to make money in that country is to steal.
Those $2-mil missiles add up fast.
I hope they’re using a card with cash back, at least.
I don't understand why anyone would select travel miles/points when cash can be spent on anything and doesn't expire.
Well usually it's because the rewards when in points are usually a much better return than 1:1 or 2:1, which seems to be the best you'll get for cash back in most cases. Obviously, you can do more to get 3:1 or even 5:1 with cash but at that point you're jumping through almost as many hoops.
I tend to do cash back, but after learning about how to best take advantage of points through a couple of well known experts, I'm eyeing a travel card because I travel a lot both for work and personally, so points are a good idea for me.
That's not even to get into the concept of churning, which I don't do and wouldn't recommend if only for how annoying it seems to keep up with, but I've seen some pretty crazy points exploits by friends. When they started to explain the steps to get there though it sounds exhausting and I wonder if any of them still do it.
Years ago, I was on Reddit wanting to learn about making homemade butter, and found r/churning, which was all about maximizing the benefits of credit cards and switching credit cards to game them. It had a bit of a wallstreetbets vibe to it but more serious.
Agreed. Maybe the cash back can be used to forgive all student loans or end homelessness or something.
i'm starting to worry if lisa will actually be able to fix all this after he's gone.... i do not have much confidence in secretary millhouse
The US, like all governments, can simply create money. Unlike most commodities, modern currencies are gated only by the choice to do so. Just change the number in the computer. Trump can simply choose to create money and give it to himself. That's what he wants, which is why he's hounding the fed to reduce rates, so he can create more money. Then he just gives it to himself and his allies through some obvious scheme or direct it to his efforts, despite no congressional approval of the funds purpose. The massive increase in expenditures of the US government is just Trump printing money to give himself and his allies. It's insane to give someone like Trump control of a system whose only real barrier is a choice.
It's insane to have aomeone like trump outside of prison but here we are
No disagreement here.
I feel like its also a big part of the reason inflation took off like crazy after his first term (some of the spending was a good idea due to Covid, but he spent on a lot more).
Really wishing I had bought gold when it was cheap...
To be fair, most of the inflation that we saw is just corporate greed.
Which is clear given record corporate profits over the last several years. Year over year.
There is nothing "fair" about this point. The government should be there to level the playing field, if corporations are getting too greedy, a tax hike could tone them down. The gov is entirely complicity either because they are too corrupt or too inept to set the rules (in the case of the Orange Pedophile, it's both)
So yes, Corporate greed is a problem, but that does not "free" the gov from responsibility
Yep. Every dollar printed causes inflation. Every dollar destroyed caused deflation. Trump is only interested in creating money for himself and exchanging it for other things of value. The dollar tanking is irrelevant once the money he prints is exchanged for other assets which hold their value against the inflation he's causing to buy things.
Classic, poor guy haha...
Over half of this was just to pay interest on previous accumulated debt.
Taking out loans to pay back loans, classic 5D chess.
Americans, is it in deep enough to react?
"Americans, why haven't you built a parallel system that can take on the strongest military in the world yet? It's been over a year."
Edit: see what I mean?
It's been over 60
But also, we keep paying one half of America to kill the other half. That's got a stabilizing effect
So maybe if you could not be responsible with it, you should have never had it.
Isn't that one of the excuses you use to keep bombing children around the world?
Yes another non-answer.
You can't pretend you are up against your own military when you have literally done nothing yet
But no worries, you take this lazy stand because you couldn't care less about the harm caused abroad as long as you can keep sipping your latte... but the USA is already falling off the cliff, you just prefer to keep your head in the sand a long as possible
A few more inches and the balls will be up there too.
Oh buddy it's elbow deep and we haven't even whimpered
c/angryupvote
Easy to say
Not as easy as marching on weekends to ensure minimum disruption while your country massacres school girls under the command of a pedophile... but certainly non of this if your concern
Fuck you. Ignorant twat.
No, I am not Murican
Let me post about it so I feel validated by being on the right side. That'll show em.
You’re welcome to come help out
It's not their responsibility to bail you guys out.
At least not until you're officially wartime refugees. Keep in mind how long it took the US to step in and do anything about Nazi Germany.
What’s my responsibility as an American stuck in this shithole as someone who is poor and has no resources? Should I go try to off the Nazi lord here and immediately get killed to then go on and make no difference whatsoever and die in vain? Maybe I could get in a car crash on the way there and then lose my sources of income while in the hospital and end up homeless due to medical debt and die of a minor infection face down in a gutter!
Sounds like you are already in precarious condition... if that did not make you act, I doubt you would for a bunch of murdered school girls in a country you likely cannot place on a map
And what am I supposed to do beyond what I have already been doing in resistance?
have you been doing anything? if so, why are you upset that a random stranger says you are not... I am obviously not talking about you if you are indeed fighting in resistance
Because people keep saying stuff like you are saying while there are shitloads of us out resisting, protesting, getting killed, getting abducted, etc and when you say things like that, it takes a big massive shit on all the resistance that we have already been putting forth.
The Rothschild family and banks are delighted with the shit situation. They have the USA by the balls.
Are they now over 20 trillions in debt?
Allegedly over $38.4 trillion (as of December 2025)
You can track it in real time to see just how fucked the US economy is.
https://www.usdebtclock.org/
20? That was years ago, no? It's somewhere in the deep 30s now
39 trillion
https://www.usdebtclock.org/
It's not really "debt" when the "debtor" prints the money.
Still consuming the countries future.
It is really debt when it stays on the books and the debtor has to pay interest, and servicing all that debt consumes 15% of the budget.
I didn't know the US was going to med school. That thing was expensive!
Then you won't believe this: it's the Phil McGraw School of Medicine at RFK Jr. University. The dean is Dr. Mehmet Oz.
They have a plan: They'll borrow money to pay the debts and to spend on top of that.
Literally infinite money glitch
Elon should just purchase USA and make it his own private country. I think it's for sale now, based on what I've seen in the last couple of whiles ago.
no wonder they had to slash all the departments, and not keep the extended subsidies for healthcare.
Well that cant be good for the budget. I wonder why. The conservatives aren't outraged by this. Because they are a Bunch of two faced hypocritical assholes that why.
"I'll pay you back next week, man, I swear!"
Imagine if you could print money though.
Archive link?
It's not like the USA economy is bad, and now it's dead, but dead dead.
The headline is pointless without context, and I'm not going to read the article""!!!
Buy bitcoin
I prefer physical silver as a store of value personally. It's needed in everything from new solar panels, to those fancy AI GPU racks and to a lot of the missiles that are being fired right now. Every missile has like a min of 10oz of silver in them with some supposedly having 100s, and then they just explode... Plus it's shiny.
I have a bit of that too
Fuck crypto.
Cheer up mate she'll come right