170 trillion, 297 billion, 995 million, 705 thousand, 290 dollars
$170 trillion worth of future debt that we have no way to pay for.
But don't worry, they're gonna Build Back Better after the Great Reset.
170 trillion, 297 billion, 995 million, 705 thousand, 290 dollars
$170 trillion worth of future debt that we have no way to pay for.
But don't worry, they're gonna Build Back Better after the Great Reset.
Look at some point the U.S. will default on the debt, there is no way out of that.
That will lead to a fall in the government and the breakup of the country into different sections.
If the government doesn’t fall then after it goes through it’s bankruptcy it will make good good on the defaulted bonds at some much on the dollar.
Then with a clean slate the process basically starts all over again, except the coupon on the new bonds will have to high enough to attract buyers for the debt.
lots of ways this can play out, but we will not longer be a world player on the stage, Russia, China, and India will be dominant in the Eurasian area. Fascinating to think about.
Russia is not going to invade Europe, they don’t have to, they have already accomplished what they wanted and we are now holding the bag.
Read the following analysis: https://www.lewrockwell.com/2022/07/thomas-luongo/the-g-7-squawks-but-theyve-already-lost-the-war-against-russia/