Posts Tagged ‘Can’t Live Without Debt’

U.S Lost Ability to Produce, U.S Can’t Live Without Debt According to Peter Schiff

Friday, October 25th, 2013

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.