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To: Sparky1776

The US debt has grown far beyond what I expected was ever possible. The money is never getting paid back, but what will be the consequences?

Hyper-inflation, world war or dollar devaluation? This is one hell of a crack high and maybe the laws of economics don’t matter anymore, but I still contend this has to correct at some point.


8 posted on 05/25/2021 8:16:59 AM PDT by SlipperySlope99
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To: SlipperySlope99
I'm actually very optimistic for the consequences. We need the debt to crash to bring forth NESARA, and shed the shackles we've essentially had to Banksters and the private FED.

This has been known for sometime - Reagan setup the Grace Commission. The IRS funnels form 1040 taxes to pay interest, while not a plug nickel of 1040 funds goes to fund ANY government program. All federal spending derives from new borrowing or sources other than taxes.

10 posted on 05/25/2021 8:21:40 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both)
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