The Economic Collapse Is Here- Have You Prepared?
Today, America has insurmountable debt that is impossible to pay off. We have a $20 trillion deficit and that is the good news. Our unfunded and mandated liabilities are an estimated $240 trillion dollar debt. And now the credit swap derivatives debt is a revised $2.5 quadrillion debt and last year’s interest rate on the credit swap derivatives was $505 trillion dollars. The US government takes in only about $2 trillion per year. The entire GDP of the whole planet is less than $70 trillion. There is no way that these debts can ever be paid down. And on most of our debts, the US is approaching economic Armageddon where we cannot even pay off the interest on these debts.