To get to the point, the American government cannot repay all the debt it has accumulated. America has borrowed way too much, like a teenager with a brand new credit card.
In the next decade, be aware and prepare. As the U.S dollar is going down, because the rest of the world will not be buying U.S bonds/treasuries as the U.S government institution prints more money. Possible hyper-inflation might be coming.
Think about it $17 Trillion dollars in debt, what other country in the world has that kind of debt. Do some research and educate yourself…study some history.
by Das Brain
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Tags: According to Peter Schiff, Can't Live Without Debt, Lost Ability, to Produce, U.S.
