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To: GIdget2004
No matter. Very soon the interest on the debt will be the biggest part of the budget. At that time, we either go to war to wipe out the big banks/countries who hold that debt, or we fall into a severe recession-Wiemar Republic type. Which will result in global war anyways.

History repeats, over and over and over again.

Oh, and the Jews will get the blame again. Gotta have a scape goat

50 posted on 11/02/2017 8:01:02 AM PDT by crz
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To: crz
Very soon the interest on the debt will be the biggest part of the budget.

Right now, the interest on the debt is about 6%.

But if interest rates go up, Katy bar the door.

And, I am highly suspicious of the globalists. I think they are going to try to devalue the US Dollar.

Then we are really screwed.

57 posted on 11/02/2017 8:07:03 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: crz

It’s just a matter of time, isn’t it?

Right now, today, service on the national debt is the 5th largest federal expense right after Medicaid and Medicare/health (#1) SS (#2), non-defense expenditures (#3), and defense (#4).

In 2016 the feds took in a whopping $3.3 trillion in revenues... and then spent $3.9 trillion that year. That is crazy and totally unsustainable.


64 posted on 11/02/2017 8:10:48 AM PDT by Obadiah
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To: crz

“Oh, and the Jews will get the blame again. Gotta have a scape goat”

Always happy to be of service.

(Yes, sarcasm. You’re right, of course.)


93 posted on 11/02/2017 8:28:08 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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