Aha..... there it is: for the first </span>time since I've been paying attention, talk of hundreds of trillions. Taking bets on how soon we'll see the first quadrillion-dollar budget -- even without hyperinflation setting in!
<br style="color: rgb(102, 0, 0);">NewsLink• Government Debt & Financing
</font>America is Bankrupt: U.S. Deficit Really $202 Trillion, Kotlikoff Says</font><br style="color: rgb(102, 0, 0);">
08-24-2010 </font>• </font>finance.yahoo.com/tech-ticker </font><br style="color: rgb(102, 0, 0);">Forget
the official debt,” he tells Aaron in this clip. The “real” deficit -
including non-budgetary items like unfunded liabilities of Medicare,
Medicaid, Social Security and the defense budget - is actually $202
trillion, or 15 times the “official* </font><br style="color: rgb(102, 0, 0);">
Read Comments</font>•</font>
</span>Make a Comment</font>•
Email this News Link</font></font>•</font>
</span>Send Letter to Editor</font>
A more clear-cut statement:
http://www.infowars.com/50-mind-blow...about-america- that-our-founding-fathers-never-would-have-believed/
#31 The U.S.financial system has become amassive gambling parlor in 2010.As a result, a horrificderivatives bubble has developed that threatens to destroy our entire economy at any moment. Nobody knows exactlyhow big the derivatives bubble is, but low estimates place it at around600 trillion dollars and high estimates put it at around 1.5 quadrillion dollars. Once that bubble pops there simply will not be enough money in the entire world to fix it.
An article entitled "The Judeo-American empire is on its last legs"
http://www.thepoliticalcesspool.org/...ds/2011/01/04/ the-judeo-american-empire-is-on-its-last-legs/Because of massive debt. And the empire probably won’t fade away gradually; it’s likely to crumble in a short span of time.
Posting Permissions
Reply With Quote