The United States is in the middle of the biggest debt bubble in history. In the past year, the U.S. national debt has surpassed the 30 trillion dollar mark, and now America has become the most indebted nation on the entire planet. But most people don’t even realize how this gigantic debt load can jeopardize our economic system.
If things don’t go exactly as we plan, and the U.S. loses its dominant position as the world’s wealthiest country, we will be forced to start paying off the enormous debt we accumulated. It goes without saying that we simply do not have that kind of money. This is leaving our country in an extremely fragile position relative to the rest of the world, particularly considering that many other countries hold our debt in the form of Treasury-backed securities.
Thirty years ago, the U.S. was already experiencing a horrific debt crisis, and our monetary decay was getting out of control. If only we had persisted in trying to solve that crisis during that period, then today things wouldn’t be so bad. If we had dealt with it before it became this big, then maybe we could have done things differently. But now, the national debt is 15 times larger than it was a decade ago, and we’re still adding more than a trillion dollars to that pile every single year.
In other words, all of this sense of prosperity we created is based on an illusion. It’s a false prosperity that has been bought by the biggest mountain of debt the world has ever seen. In fact, as if we weren’t in enough trouble already, Congress is planning to pass another 1.4 trillion dollar bill this year. Did you know that if you added up all forms of debt in the United States and divided it up equally every single family in the country would owe nearly $700,000? We must face the fact that we are a part of a nation that is absolutely addicted to debt, and the U.S. debt crisis is threatening to destroy the nation built by our forefathers.
We simply cannot fix this debt bubble under the current monetary system. What we are doing to the future of our children and our grandchildren is completely devastating. We are literally stealing from future generations. Conditions are rapidly shifting in our country, and a massive amount of financial pain is on the horizon. Now, more than ever, it is time for Americans to wake up, and take action while they still can. It is time for Americans to get extremely angry. Our future has been destroyed and the future of the next generations has also been destroyed. Enjoy this false sense of prosperity while you still can, because it is not going to last for much longer. Debt is a very cruel master, and our day of reckoning is right on the corner.
Today, we decided to compile some shocking figures that expose just how alarming the U.S. debt bubble really is.