c.im is one of the many independent Mastodon servers you can use to participate in the fediverse.
C.IM is a general, mainly English-speaking Mastodon instance.

Server stats:

2.8K
active users

#debt

43 posts31 participants5 posts today

#debt : that which one person is bound to pay to another, or to perform for his benefit

- French: dette

- German: Schulden

- Italian: debito

- Portuguese: dívida

- Spanish: deuda

------------

Thank you so much for being a member of our community!

" The #debt is growing because the country keeps #Borrowing to finance an increasingly large gap between #GovernmentSpending and #Revenue. (..) What’s the Solution? "

🤔 Judging by their actions, the solution of the #Trump - #Junta is to slash revenue drastically while raising expenditure to unprecedented levels.

(While their other "solution" is to declare bancruptcy [#MarAlLagoAccord] - because the daddy of the United States will of course bail the country out as he always did in the past. 🙄)

Continued thread

Elon Musk’s X raises $1bn in new equity fundraising round

#SocialMedia group is valued at $44bn, matching the price the billionaire paid in 2022
ft.com/content/d61eed58-65ef-4

"The fundraising, which values X at $44bn incl #debt, comes as #Musk has forged close ties to #DonaldTrump...

Shares in #Tesla, the electric automaker co-founded by Musk, have tumbled recently as some consumers have shunned the brand, but parts of his private empire have been boosted."

Gov Youngkin of Virginia: “Today, we know we have a federal government that is facing huge fiscal issues with $37 trillion in debt, with $2 trillion being added every year. What that requires is real action quickly.” // Republicans don’t give TWO FIGS about a deficit, or the debt. They hunger for their tax cut for billionaires. This is the way it is, and has always been.
#Virginia #Debt