Bonum Certa Men Certa

Biggest Debt Leap in Years, More Than Half a Trillion Dollars in Just One Month

posted by Roy Schestowitz on Nov 12, 2024,
updated Nov 12, 2024

Thanksgiving Background November

A couple of Thursdays from now, on the 28th of November, 2024 (fourth Thursday of November), it will be the Thanksgiving ritual (which has gone on for 403 years, i.e. longer than the US or Canada).

America celebrates not colonialism but a shopping ritual called "Black Friday", which in more recent years had a sibling ritual called "Cyber Monday". Both are opportunities for corporations and billionaires to pocket the little (remaining) money of the middle class or money borrowed by the poorest families, which see national debt skyrocketing and still wonder why the price of everything goes up so fast. It must be that "inflation" thing...

Government Debt in the United States increased to 35951601 USD Million in October from 35464674 USD Million in September of 2024. Government Debt in the United States averaged 5811141.02 USD Million from 1942 until 2024, reaching an all time high of 35951601.00 USD Million in October of 2024 and a record low of 60000.00 USD Million in January of 1942.

"Most of what they sell on Black Friday is basically garbage designed to sell on Black Friday," Ryan says. It's just impulsive buying. "It's the Windows laptops that are such low spec, they barely even boot Windows, much less run programs. Then you get the credit card bill."

"I bought a Vizio TV on Black Friday in 2015. Within a month the screen wouldn't work. Vizio didn't make that as one of their usual models so they upgraded me to one of their usual models with a nicer screen and more ports and a bit bigger through the warranty."

We remind people (almost every year) that it's also "buynothingday" or Buy Nothing Day because holidays aren't meant to be about consumerism and shopping, they ought to be about traditions, family, and perhaps stuff like food/cooking, music, hiking etc. The specifics don't matter, but mostly - at least as originally intended - it's about immaterial things.

Thanksgiving Harvest Landscape

The corporate domination over society has expanded to the political sphere and, in turn, has penetrated/permeated society itself. They take away the real holidays and replace them with "shopping experience" and "shop ambiance". Don't let them do this to you. Get rid of social control media and skinnerboxes while you're at it. They're meant to make you want things you don't really want, feel like you need things you never really needed, and feel like you need to want things all the time (when you already have everything necessary).

"I hate the shopping holidays," Ryan concludes. "Amazon does them throughout the year now. They call it Prime Day and it's stuff that is slow moving so they tell you it's a deal to clean the warehouse. They have more and more of them now. The Boomers took this beautiful country and they turned it into a retail/fast food hell. Passed laws where it's illegal to stand somewhere outside your home too long without buying something. They call it loitering. You know, we used to have public parks but now everything is so regulated that there's no freedom anymore. You used to be able to go there with your kids and launch a model rocket or fly a kite, and now there's so many weirdos and a lot of them are living in the parks. Besides, who has kids?"

Buy Nothing Day takes place on Friday November 29th, it's a 24 hour detox from consumerism and an opportunity for you to tune into the impact we have on the environment through shopping.

Other Recent Techrights' Posts

Clown Storage Without Backups
Setting up several reliable copies of the data, plus several off-site backups (this data is nowhere as sensitive as medical data), should only cost a few grand
FreeCAD is Becoming Slop-ware, Use LibreCAD Instead
It has regular releases and "Qt5 is mandatory" now [...] they at least audit what they add
GAFAM Loyalty Has Come to an End, Morale Low, People Whose Future is Uncertain Choose to Become "Lifers"
morale is low and there's no loyalty anymore
SLAPP Censorship - Part 152 Out of 200: Injunctions Do Not Cover Criticism, They Have Scope
self-incriminating communications
 
Less Technology, More Life
Technology is being associated (sometimes rightly) with physical and mental problems
Google Search Has Gotten Worse (a Lot Worse)
getting worse
Birthday in 80 Days
we'll start decorating and party online with our community
Loans and Massive Debt at Microsoft, This Won't End Well.
Microsoft running out of money to pay salaries (to the point of paying people for 'voluntary' layoffs) is a positive sign?
Gemini Links 17/08/2026: Life in Plain Text, Mimicking KARL, Release of Jugulans, Avoiding Slop
Links for the day
Cuba and Venezuela High in Adoption of GNU/Linux
some of the "communist" nations
Links 17/08/2026: Myanmar’s Cholera Outbreak, China Sends Commercial Vessels Through Arctic
Links for the day
Clownflare Sees About Quarter of Web Requests in Ireland Coming From GNU/Linux
Well, in Ireland it seems like many people adopted GNU/Linux
Clownflare: In Australia and New Zealand GNU/Linux Peaks at Over 10% During Working Hours
That right there is interesting in its own right
Slowing Down by Intention
At the moment we have 6 or 7 ongoing series
Gemini Links 17/08/2026: Chamboree, Partial Solar Eclipse, Lady Macbeth
Links for the day
Links 17/08/2026: "Bluesky Is Down Again!" and "Anti-Social Media"
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, August 16, 2026
IRC logs for Sunday, August 16, 2026
A Vortex of Beacons (or "Bluetooth Everywhere" Vision)
If someone (or someones) calls you paranoid for taking about "beacon"-like functionality, there will be no lack of authoritative citations (e.g. Web links) they can be provided to prove them wrong
Falkland Islands: GNU/Linux Elevated to 6%
GNU/Linux usage seems to have increased a lot there
Links 16/08/2026: Reading Outside, Going Offline More, and Art of Computer Programming
Links for the day
The Question of Patience
Is there a lesson here somewhere?
IBM May be Sued for Mass Layoffs Via PIPs
Some whole threads (with all the long comments in them) recently got nuked by thelayoff.com
Links 16/08/2026: Ceuta Reports Social Control Media Used as a Weapon
Links for the day
Links 16/08/2026: Europe in Crisis of Droughts While Energy- and Water-Consuming, Pollution-Emitting Chatbots Are Spread by GAFAM (US) to Keep a Ponzi Scheme Going
Links for the day
GNU/Linux is a Platform for Work (Usage Surges in Daytime)
GNU/Linux 15% in daytime
We Need Rain, Not Chatbots
There's no "anti-AI" (it's not even AI), there's opposition to fraud, to plagiarism, and to companies that profit more when there's global warning (caused in part by their business activities)
SLAPP Censorship - Part 151 Out of 200: Dealing With Sleazy People and Companies That Steal (While Employing These Sleazy People)
we offer a quick summary and we're reflecting
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, August 15, 2026
IRC logs for Saturday, August 15, 2026
Gemini Links 16/08/2026: Sterrenkijker Releases, Solar Gemini Server
Links for the day
What I Learned in London
some ministers still help us in our fight for press freedom in the UK
At IBM, Workers 'Expire' Early ("Next Step" is 'Voluntary' Layoffs Decades Before Retirement Age)
It seems like the "new normal" is layoffs not existing or barely existing because companies hide them
EPO "Cocaine Communication Manager" - Part XVI - The German State Does Not Enforce the Law Against European Patent Office Officials
It's not acceptable that Europe's second-largest institution can get away with crime time and time again
Germany's National Broadcaster (DW English) to Air Julian Assange Film This Coming Week
It seems rather sad that we live in a world where rich thugs can get away with so many horrible things
WordPress is Bloatware and Bloated Software Guarantees Security Incidents
This site turns 20 in about 11 or 12 weeks from now and it was never cracked, not even when it ran WordPress
Too Many Chiefs (or Chefs) at IBM, They Don't Know How to Run a Company (With a 100+ Year or Century-Old Brand Recognition Advantage)
It seems like a consensus opinion; some line managers or middle managers are too selfish or self-deceiving
Bluetooth and Wi-Fi on Gym Equipment Can Endanger Several Parties
Joy oh joy! Give us more "smart" things
Microsoft Silent Layoffs This Month (PIPs and More "Buyouts", Driving Out the Workforce), According to Insiders
They know it's happening because they see it and fellow workers talk about it, even if the media keeps mum
Clacton's Election Was a 'Show Election'
At least some people squeezed out some "free press" out of this charade [...] That the media kept boosting parodies as the alternative/s to the bigot is a topic we wrote about a great deal over the past 3 weeks
Omarchy is Already Dying
Same as the life cycle of slopfarms
Windows is Burning
Windows is the "burning platform" of the year
Gemini Links 15/08/2026: Stress, Jetlag, and GPU Hype (Waste of Energy for Amusement, Fake 'Currencies', and Now for Mass Plagiarism)
Links for the day
Links 15/08/2026: XBox Rotting Further, "France’s Top Court Strikes Down Ban on Social Media for Children"
Links for the day
SLAPP Censorship - Part 150 Out of 200: Always Independently Verify What People Claim to Be (or Find Yourself in a Jason Arday-Type Moment/Dilemma)
I'm not a cardiologist and Garrett was never a security expert
Links 15/08/2026: "There Is No A.I." (Slop Plagiarism Isn't Intelligence) and Its "Impact on the Environment Is Absolutely Horrifying"
Links for the day
Gemini Links 15/08/2026: Gratitudes, "Microflier" Drones, and Literate Programming
Links for the day
IBM's PIPs and RAs (Layoffs) Going on, Interns as 'Scabs'
It seems like a consensus (also in Reddit, we took a quick look)
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, August 14, 2026
IRC logs for Friday, August 14, 2026