Remember that I have been telling you that the fed numbers for our debt and economy are bogus and just smoke and mirrors?
Boston University economist, Laurence Kotlikoff, stated, "Our country is broke. It's not broke in 75 years or 50 years or 25 years or 10 years. It's broke today." And, "Indeed, it may well be in worse fiscal shape than any developed country, including Greece."
And concerning the fed numbers, "Unfortunately, the federal debt is not an economic measure of anything, including our nation's fiscal position," Kotlikoff stated. "Instead, the federal debt and its annual change, the deficit, are purely linguistic constructs that reflect how members of Congress choose to label government receipts and payments."
You know, they are smoke and mirrors, just like I have been telling you.
How bad is it?
He said we're facing a fiscal gap of $210 trillion, 16 times larger than official U.S. debt, and almost 12 times the current GDP of $18 trillion.
Now do you believe me when I tell you that the Republic of the US is dead and just has not yet finished kicking yet?
$210 trillion is more debt than there is money in this world. It is overwhelmingly insurmountable. The only way we can get out from under this mind boggling debt our corrupt liberal commie traitors have forced on us is to secede from the Union leaving whomever stays behind tied to that debt. When you combine this mess with the severely huge mess of laws and regulations, corrupt courts and legal system, devastated military, and everything else the left has done to our nation, it is not possible to save this nation. God is our only hope.
Obama passed more than 12,000 new regulations in just November 2014. The only reason for that many new regulations in one month is corruption.
Get it straight, if we were to round up and execute every liberal and Muslim traitor who caused this mess to get them out of our way, all of the brightest people left in the nation could not undo this mess in a decade. We can never dig our way out of that debt, it would take every attorney in the US working seven days a week for months, if not years, to clean up the laws and regulations, and we still won't be able to rebuild our military to protect us. The only way is to wipe the slate completely clean and start from scratch by using the Bible as our foundation.
The McKinsey Global Institute said that, from 2007 through the second quarter of 2014, global debt grew by $57 trillion, raising the global debt-to-GDP ratio by 17 percentage points to 286 percent.
Jeremy Warner, assistant editor of The Daily Telegraph, said, "The world is sinking under a sea of debt, private as well as public, and it is increasingly hard to see how this might end, except in some form of mass default."
We need to round up all of the criminals who used socialism to steal this money and take it back or what is left. We will probably still have to declare a massive global default to be able to start over.
Wednesday, the Euro hit a 12-year low against the dollar with many believing it will drop even more.
In May, the Euro was trading for a little below $1.40 and it is now trading at $1.056. The "experts" believe the main reason is because the European Central Bank is printing more Euros, which always causes a currency to lose value but I warned you that Russia, Israel, and other countries ditching the Euro to do business with each other and Asia would cause the Euro to fall, you know, like it is now.
And these brilliant experts with the right degrees from the right universities didn't see this coming?
I told you it would happen and it is happening right now.
Then those same experts are wondering why the European economy is not doing so well.
Let's see, placing sanctions against other nations, you know, stop doing business with them, is supposed to cause your own economy to boom?
Using sanctions as a weapon is insanity because not only are you adversely effecting their economy, but you are also adversely effecting your economy by decreasing your nation's business.
Sanctions work both ways and these super geniuses with the right degrees from the right universities didn't see this?
Add to this that, when your nation stops doing business with another nation to punish that nation and that nation takes its business to other nations, you know, like Russia, Israel, India, and China, your nation is the only one which suffers. Oops!
Wow, that is a really great punishment! Look here, bud, we are going to punish you to learn you better by hurting ourselves!
What do they teach at these upper class trash universities, insanity?
OK, we have this massive US and global debt which is going to rip us wide open soon, the Euro is plunging and the European economy sucks because the Western geniuses, who got the right degrees at the right universities, decided to use sanctions against other nations as weapons, and just how much longer do you think these over educated fools can balance this act? The answer?
That house of cards is caving in right now! It isn't a question of how long until it implodes any more, it is a question of how long will it take to hit bottom.
BTW, I keep seeing increasing numbers of Jews returning to Israel from throughout the world.
Russia has entered into the tension in Asia by flying nuke bombers over US bases and ships in the South China Sea and Pacific Ocean. She is clearly on the side of China but one will eventually betray the other. Most people don't know it but some of the bloodiest battles fought in the last 100 years were between Russia and China in about the 1960s and 1970s. News of these battles was kept quiet by the liberal commie traitor media trying to sell everyone on communism for obvious reasons. In some of those battles, both sides lost as much as one battalion in one day of fighting. The ugly truth is that commies only love each other when it benefits them.
I just read that there are now more guns owned by fewer people. I warned you about this years ago. One of the reasons they are destroying our economy is to force people to sell their guns for money to buy food in order to disarm the American people. Those of you who are still buying guns may not realize it, but you are now buying guns for others who have had to sell their guns to buy food so you won't be outnumbered when the shooting starts.
Black mob violence has spread across the US and is increasingly frequent. It seems that the liberal and Muslim blacks have started their race war regardless of whether anyone else will show up to defend themselves. This means the attacks will continue until someone uses violence to stop the attacks.
What we are seeing with things like Hilarious and Obama committing crimes with increasing frequency and more openly is just showing us how criminal the liberals are. They will do whatever they want for as long as they want as long as no one will stop them. This is the essence of paganism's "do as you will." People are increasingly seeing the ugly truth about liberals and they are almost mad enough to fight.