Luke Gromen(@LukeGromen):Greenspan telling Congress in 2005 (in Greenspan-speak) that "The US' $100 trillion+ in off-balance sheet Entitlement obligations are owed in a hard currency the US cannot print": Those off-balance sheet liabilities are now coming on- bal sheet at $3T/yr & growing 2x US receipts

Luke Gromen

@LukeGromen

Founder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” I never solicit via DM's. RT not endorsements.

가입 December 2014

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Luke Gromen@LukeGromen

2026.09.03 17:52

Greenspan telling Congress in 2005 (in Greenspan-speak) that "The US' $100 trillion+ in off-balance sheet Entitlement obligations are owed in a hard currency the US cannot print": Those off-balance sheet liabilities are now coming on- bal sheet at $3T/yr & growing 2x US receipts