{"id":389443,"date":"2018-12-17T10:22:10","date_gmt":"2018-12-17T09:22:10","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-in-just-2-years-us-debt-grew-the-size-of-the-entire-brazilian-economy\/"},"modified":"2018-12-17T10:22:10","modified_gmt":"2018-12-17T09:22:10","slug":"prison-planet-com-in-just-2-years-us-debt-grew-the-size-of-the-entire-brazilian-economy","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-in-just-2-years-us-debt-grew-the-size-of-the-entire-brazilian-economy\/","title":{"rendered":"Prison Planet.com \u00bb In Just 2 Years, US Debt Grew The Size Of The Entire Brazilian Economy"},"content":{"rendered":"
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Mac Slavo<\/strong>
SHTFplan.com<\/a>
December 14, 2018<\/p>\n

In a mere two years, the United States debt has massively grown.\u00a0 In fact, the amount of debt the US incurred equaled the size of the entire Brazilian economy.<\/strong><\/p>\n

U.S. government debt is on track this year to rise at the fastest pace since 2012,reported the Los Angeles Times<\/em><\/a>.\u00a0 The strong yet quickly weakening economy is failing to keep pace with the wave of red ink that\u2019s rising under the Trump administration and there appears to be no end to the spending in sight.<\/p>\n

The total public debt outstanding has jumped by $1.36 trillion, or 6.6%, since the start of 2018, and by $1.9 trillion since President Trump took office, according to the latest Treasury Department figures. The latter figure is about the size of Brazil\u2019s gross domestic product.<\/a><\/p>\n

As of Monday, the nation\u2019s debt stood at a record $21.9 trillion. The borrowing is needed to cover a budget deficit that expanded by an estimated $779 billion in Trump\u2019s first full fiscal year as president, the widest fiscal gap in six years, since Barack Obama\u2019s term. By the end of Trump\u2019s first term, the debt is expected to rise by $4.4 trillion despite historically low unemployment, relatively low interest rates and robust growth.<\/p>\n

In other words; the United States is actively committing\u00a0suicide.<\/p>\n

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America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars<\/a><\/p>\n<\/blockquote>\n