Through September, the US government had already borrowed $1.7 trillion, so far this year. It is on target to reach a total of $2 trillion before the year is out. This is the second biggest borrowing spree in history (after 2020).
More from Bill Bonner
The Wolf Awakens
Last week, all of a sudden, explosions…gunfire…bodies…mayhem — and as the dust settled, there was Truth, blindingly obvious…yet, still shocking. Truth about the past…and a warning about the future.
The Report from Iron Mountain
The Ukraine is running out of weapons, money, and enthusiasm. Most important, it is running out of meat for its grinder.
Bill Bonner is the editor for
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