If You Want to Survive the Economic Collapse, You Need to Read This
by Dave Hodges
TheCommonSenseShow.com
11 July, 2015
I am so sorry that I feel compelled to unleash the realities of such a hellish nightmare that is beginning to engulf this country. The United States is in the early stages of an economic meltdown. I apologize to the cognitive dissonance crowd, but your days of ignorant bliss are coming to and end. How can I be so sure?
We live in country that only takes in $2 trillion dollars per year, yet we are looking at the most staggering debt in world history:
1. $18 trillion dollar deficit and that is the good news.
2. $240 trillion dollar unfunded and mandated liabilities (e.g. Medicare and Social Security).
3. $1.5 quadrillion dollar credit swap derivative debt that the bankers have managed to pass along to the people. The interest alone, on the derivatives debt, was $505 trillion dollars last year.
Do you really need a calculator to figure out that we cannot pay off this debt in the 21st century, the 51st century or the 91st century? Some of you will wonder, “Can’t we just start a war and take what we need”? The entire GDP of the planet is only $70 trillion dollars. Subsequently, we cannot even steal enough resources to buy our way out of this debt.
The Rest…HERE
