Thread by @DeepBlueCrypto

#FederalReserve is the largest central bank in the world. It’s the US central bank with a GDP of roughly $25 trillion and debt of up to $32 trillion. US is already 130% debt-to-GDP ratio. It’s not sustainable at the current high FED interest rates reaching 5%+

The interest… twitter.com/i/web/status/1…

#DebtLimits are just a fake virtue signaling asking congress to approve increasing limits each year. We know that high debts aren’t sustainable.

See #FederalReserve chairman Jerome Powell asking congress for increasing debt limits to pay off its debts.

Here’s a prev 🧵 on the FED

https://twitter.com/deepbluecrypto/status/1615491008262963200

They call this bankruptcy default in layman’s terms