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Home / Mike Norman Economics / >Federal debt is expected to rise to 144% GDP in 2049, the most ever in history, the CBO said.

>Federal debt is expected to rise to 144% GDP in 2049, the most ever in history, the CBO said.

Summary:
Unqualified Liberal Art dialectic trained morons at CBO using two different Basis of Accounting; using Modified Accrual Basis to do their illustration then using Accrual Basis for evaluation.Same story different day... nothing changed... these morons never make an adjustment, dialectic trained moron people never adjust to a miss, they synthesize; often with the false...rinse and repeat..Federal debt is expected to rise from 78% of GDP in 2019 to 92% percent in 2029 and 144% in 2049, the most ever in history, the CBO said. https://t.co/maNbvXMwjZ— CNN (@CNN) June 25, 2019 Mike from 3 years ago: [embedded content] Nothing is changed...

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Unqualified Liberal Art dialectic trained morons at CBO using two different Basis of Accounting; using Modified Accrual Basis to do their illustration then using Accrual Basis for evaluation.

Same story different day... nothing changed... these morons never make an adjustment, dialectic trained moron people never adjust to a miss, they synthesize; often with the false...rinse and repeat..

Mike from 3 years ago:

Nothing is changed...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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