(Nicholas Ballasy) The U.S. national debt passed $30 trillion for the first time in U.S. history on Tuesday, according to Treasury Department data.
national debt
U.S. Debt to Exceed Size of Economy for 1st Time since WWII
(Edward Morgan) Driven by the multi-trillion-dollar emergency relief packages in response the coronavirus, the U.S. deficit is expected to be $3.7 trillion in 2020, according to the Congressional Budget Office.
18 Facts on the US National Debt That Are Almost Too Hard to Believe
(Mitchell Nemeth) At around $22.5 trillion, the United States national debt sits at 106 percent of Gross Domestic Product (GDP). There is no disputing that this gigantic debt will someday become due and payable. However, there is hesitation among the political class as to what must be done to pay down and eliminate this debt.
Thousands of Innocent People Being Rounded Up & Jailed for Being Unable to Pay PRIVATE Debts
(Russia Times) An estimated 77 million Americans have a debt that has been transferred to a private collection agency. Thousands have ended up in jail over debts as small as $28, with African-Americans and Hispanics the most affected. Related The National Debt Is Not For Americans To Payback | History of The Corporate Takeover of The Continental […]
Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion?
(Michael Snyder) The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting 20 trillion […]
Foreigners Are Dumping U.S. Debt At A Record Pace And Our $20 Trillion National Debt Is Poised To Become A Major Crisis
(Michael Snyder) While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever seen before, and U.S. Treasury yields have been rising. This is potentially a massive problem, because our entire […]
Five lies about America’s Debt, or How the Grinch Steals Christmas
Source – Removing the Shackles US Congress is “struggling” to come up with their 2015 budget. I say “struggling” in quotes, because that is an extreme understatement. By December 11th 2014, US Congress has to come up with a 2015 budget for the government. …. almost two and a half months AFTER the beginning of the 2015 […]
Brian Kelly’s blog: Your Birth Certificate Was Made Into a Bond…it’s Worth Billions
Great find indeed… I have wanted to find this material for a wile now, really important disclosure here. – Justin Your Birth Certificate Was Made Into a Bond…it’s Worth Billions! Your Birth Certificate Was Made Into a Bond…it’s Worth Billions! August 2, 2013 Original post here. Who knew, it says “American Bank Note Company” right there […]
Brian Kelly’s Blog: Proof ALL of Your Debt is PRE-PAID!
Great find Brian. I have not personally researched a lot of this material, but as we discussed in the The UCC Connection – How the Uniform Commercial Code ‘secretly took over’ the world post, the world has been on an IOU system for decades and we have always been the value. We are the Creditor, […]