World, Dump US Debt! You’ve Got Nothing to Lose but the Chains

With growing budget deficits, the US is selling debt it can only ever make good on if it can sell even more debt down the line (or if it “repays” it in devalued paper).

Astute News

As Russia steadily slashes its military spending and announces cuts will continue for the next five years through 2022, the US is going in the other direction and shoveling ever more fantastic sums of money into the military and parasite defense corporations. (Around half of Pentagon budget now goes to contractors.)

US Congress passed a $1.3 trillion budget for the fiscal 2018 last week that allocates $700 billion to Pentagon. For fiscal 2019 the military has been promised $716 billion.

Got $1.6 Billion to start Wall on Southern Border, rest will be forthcoming. Most importantly, got $700 Billion to rebuild our Military, $716 Billion next year…most ever. Had to waste money on Dem giveaways in order to take care of military pay increase and new equipment.

— Donald J. Trump (@realDonaldTrump) March 22, 2018

The $1.3 trillion discretionary spending comes on top of projected $2.8 trillion mandatory spending by…

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