The U.S Senate just passed a bill that would raise the Federal Debt Limit by $800 billion to $8.2 trillion. Who wants to take bets on how long that $800 billion is going to last? How much of that money has already been spent since the government has been shuffling money around for 3-4 months already?
And how about a $8.2 trillion debt... Wow. This is mind-boggling. What does $8 trillion look like? There are approximately 6 billion people in this world, most of them living in poor countries (China, Russia, India, Indonesia, etc.) $8 trillion is $1,300 U.S. dollars for every single person alive on this planet. I bet that equals or exceeds the median net worth of every person in the entire world. I wouldn't be surprised.