US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year
Cointelegraph
Published Jan 24, 2020 04:27AM ET
Updated Jan 24, 2020 06:03AM ET
US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year
The average budget deficit of the United States will “never” be less than $1 trillion per year in the future — or 4.5% of GDP, worrying data on the fiat economy shows.
Compiled by the U.S. Congressional Budget Office (CBO) and shared by crypto hedge fund manager Travis Kling on Jan. 21, statistics reveal that the annual deficit is set to hit $12.2 trillion for the entire 2020s.
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Written By: Cointelegraph
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