'Any nation which borrows/prints 20% of its GDP every year is essentially a debt addict on welfare.

If you depend on borrowed money which will never be paid back and freshly printed notes for 20% of your expenses, you're on the dole. Since we will never pay it back, the borrowing of the money is just a sham; stripped of deception, it's welfare, a "gift" from future taxpayers to the current beneficiaries of Federal largesse and swag.' (Charles Hugh Smith article).

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