Yesterday I briefly mentioned that things aren’t so good across the pond, well today Captain Ranty brings news that it’s actually worse than that….
“On August 3rd, millions of Americans are expecting their social security payments. The govt need to shell out $23 billion but they only have $12 billion, leaving an $11 billion shortfall. One way around it all is to increase the debt ceiling. The USA is in the hole for an incredible $14.3 Trillion but they need more.”
Pop over to the Captains for the full story, but you might want to get a strong cup of tea first.
Thanks for the link Giolla!!
CR.