Or think of what our international lenders will do if we try to (default) skip out on our debt.
“Hey America … we’ll tear up your borrowing note … if you give us Hawaii.”
“It will never be paid down! NEVER.”
The American people are not going to pay the debt. Not in a million years. They are not even going to try.
The right answer is to repudiate the debt and start over from scratch with a “New Dollar” backed by gold and oil. And maybe wheat.
For perspective, we owe more than double the combined value of ALL of the gold (not counting what has not yet been mined) in the world.
We owe 35 trillion dollars, and there are about 15 trillion dollars worth of gold.
The value of all natural resources in the US is around 50 trillion dollars. The market capitalization of all listed US businesses is about the same.
We are carrying an insane amount of debt, and government spending and inefficiency are out of control.
I wonder if the majority of our national politicians are in on the takedown of America. Are they looking forward to gaining the kind of unbridled power they got a taste of during the COVID lockdowns? Are they hoping to kill tens of millions of Americans through financial ruin? Because that seems more and more likely.
still waiting for my stimulus check....
BOTH parties are Satanic and destroyed the USA. It’s over.