Aug. 13 at 8:35 PM
$SLV $GDX $GLD $JNUG $B
This is crazy but now we are living in a time when crazy doesn't mean much. Look @ these #'s, govt spent 129% MORE than it collected. Look over the math on individual income taxes + Social Insurance & Retirement =
$312B or roughly 93%‼️ of the
$334B
Govt ran a
$432 billion deficit in July 2026 ONLY. If the govt borrowed @ that exact pace every month, it would amount to roughly ➡️
$5.2 TRILLION OF ADDITIONAL BORROWING PER YR
Net interest (
$104B) was larger than national defense (
$91B). That interest ISNT providing any kind of "service" to the tax payers. We are being looted, the deficit is enormous relative to monthly revenue.
$432B is about 129% of the govt's entire July receipts WTF
Tax payers FY2026 estimates: Revenue
$5.47T; Spending
$7.54T; Deficit
$2.07T. Estimated net interest expense: ~
$1.3T, equal to ~24% of federal revenue
This spending DOES benefit folks w/wealth so why would they go against their own best interest
https://fiscaldata.treasury.gov/static-data/published-reports/mts/MonthlyTreasuryStatement_202607.pdf
