If we didn’t have a (unconstitutional) Federal Reserve and still had a link to precious metals, it would be absolutely impossible for Fed.gov to have created so much debt
BTTT
Now multiply the above by 20 and you have the actual debt.
I know women who could make it disappear really quickly.
If the average household spent like the government,it would be living under a bridge hooked on heroin.
The best way to visualize $20T is to think of a stack of trillion dollar bills sitting on a desk. The stack would be twenty bills high. Breathtaking, isn’t it?
LOCK THEM UP...current and past gang members (Gang of 535 aka CONgre$$)...
https://www.govtrack.us/congress/members
Socialism Is Legal Plunder - Frederic Bastiat (1801-1850)
6. But the grand nostrum will be a public debt...
Rules for Radicals? No, Rules for changing a republic...
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
Just remember... Half of that enormous 20 freaking trillion was added in the last eight years during the zero administration.
So freaking incredible.
Once you actually see what this debt looks like, you realize it will never be paid back.
http://demonocracy.info/infographics/usa/us_debt/us_debt.html
My concern about this huge debt is just who has this amount of cash to keep lending to the US government? Next, what are the interest payments on this debt and is it actually being paid or simply added back to the existing debt? Also, if it is considered impossible to pay off this debt, why do the sources of this lending keep lending more cash to this insolvent nation, considering the unfunded liabilites that exist as well. A curious deplorable wants to know...
Which if my math is correct works out at around $62,000 for every man, woman, and child in the USA. And probably $300,000+ for every person in legal full-time employment paying their due taxes.