America's Domestic Collapse
America’s Gargantuan Debt is growing exponentially. The National Bonded Debt breached $39 Trillion.
A fiscal abomination, What in God's name did the American Public, Taxpayers, and Consumers get for that $30 Trillion, You ask?!
Well, there was a very, very long and expensive War for Oil in Vietnam Style Iraq and the Graveyard of Empires known as Afghanistan… which ended when Joe Biden was forced to abandon Tens of Billions of dollars of Military Equipment to the Taliban.
There was an enormous grotesque Corporate Bailout of the Financial system in 2008, then a historic Bailouts and Spending bonanzas during the COVID Scam.
Is the average American Taxpayer and Consumer any better off?! Is the US more Secure, more Powerful, more Free, more Affordable, more Prosperous, and Safer as a result of that Debt?! There's NOTHING POSITIVE to show for that money.
Crime is far more rampant. Critical Infrastructure is crumbling. Long-term Inflation has made life largely unaffordable for the Middle Class. Housing Prices are astronomical. Food Prices are unrecognizable. New Cars cost nearly as much as a small House. University costs 6 figures. Medical Care is prohibitively expensive. Insurance Costs continue rising.
Fiscal Year 2025 ended September 30th, the full numbers from the Treasury Department haven’t been published yet (due to the Government Shutdown), the Congressional Budget Office estimates that net interest on the debt in FY25 surpassed $1 Trillion-- more than Medicare ($987 billion), Medicaid ($669 Billion), and Defense Spending ($869 Billion).
Furthermore, the CBO estimates that interest payments on the National Debt grew by 8% year-over-year, far outpacing growth in Tax Revenue and the US Economy.
To say that this is all unsustainable is almost a joke, It'll come to an end, one way or another.
One option is that American Voters elect Representatives who understand the urgency and magnitude of this problem; then actually work together to cut Waste, Reduce the size and scope of Government, and reform Entitlement Spending (Social Security, Medicare, and Medicaid). It’s incredible how some of the most Incompetent Imbeciles alive manage to become Congressmen. They can’t even spell Deficit let alone understand the Fiscal emergency.
The other option is Default. The US defaults on its Debt, and on the Promises-- implied or explicit-- that it made to Voters.
Voters expect the US Military to be well-equipped and trained to fight. They expect Social Security to be there for them at Retirement. They expect to pay a reasonable amount of Tax. They expect a basic, functioning Government to provide essential Services.
Unfortunately, THE MATH JUST DOESN’T ADD UP. The US Government simply doesn’t collect enough money to pay for all the things it promised.
For now, it makes up the difference by borrowing more money-- roughly $2 Trillion in Fiscal Year 25. Sooner or later that money runs out.
Foreign Investors-- Governments and Central Banks-- were the largest owners of US Government Debt. They believed in America, and it was a no-brainer to buy Treasury Bonds.
Foreign ownership of the National Debt is falling quickly.
Governments are diversifying rapidly, sellingtheir Treasury Bonds (or redeeming them at maturity) using the proceeds to buy Gold. It’s because Gold is one of the only Asset classes in the world that is universally accepted and has a truly Global Market. It can absorb hundreds of Billions of Dollars in Capital flows.
The Long-Term trend of Foreign Countries losing faith in the US Government.
They watched Joe Biden shake hands with thin air. They witnessed the humiliating debacle in Afghanistan. They observed rising US Budget Deficits, and a National Debt spiraling out of control and rising Inflation.
All of these events made Foreign Governments and Central Banks question if they want to buy Treasury Bonds. But the real watershed moment came after the Invasion of Ukraine.
The US Government's response was to freeze Russian Assets; Congress then soon passed the REPO Act, giving the President authority to seize Russian Sovereign Reserves.
This sent shockwaves through Foreign Governments. Suddenly they felt like their money was no longer safe in America— the US Government will freeze their Reserve Assets without warning.
A fiscal abomination, What in God's name did the American Public, Taxpayers, and Consumers get for that $30 Trillion, You ask?!
Well, there was a very, very long and expensive War for Oil in Vietnam Style Iraq and the Graveyard of Empires known as Afghanistan… which ended when Joe Biden was forced to abandon Tens of Billions of dollars of Military Equipment to the Taliban.
There was an enormous grotesque Corporate Bailout of the Financial system in 2008, then a historic Bailouts and Spending bonanzas during the COVID Scam.
Is the average American Taxpayer and Consumer any better off?! Is the US more Secure, more Powerful, more Free, more Affordable, more Prosperous, and Safer as a result of that Debt?! There's NOTHING POSITIVE to show for that money.
Crime is far more rampant. Critical Infrastructure is crumbling. Long-term Inflation has made life largely unaffordable for the Middle Class. Housing Prices are astronomical. Food Prices are unrecognizable. New Cars cost nearly as much as a small House. University costs 6 figures. Medical Care is prohibitively expensive. Insurance Costs continue rising.
Fiscal Year 2025 ended September 30th, the full numbers from the Treasury Department haven’t been published yet (due to the Government Shutdown), the Congressional Budget Office estimates that net interest on the debt in FY25 surpassed $1 Trillion-- more than Medicare ($987 billion), Medicaid ($669 Billion), and Defense Spending ($869 Billion).
Furthermore, the CBO estimates that interest payments on the National Debt grew by 8% year-over-year, far outpacing growth in Tax Revenue and the US Economy.
To say that this is all unsustainable is almost a joke, It'll come to an end, one way or another.
One option is that American Voters elect Representatives who understand the urgency and magnitude of this problem; then actually work together to cut Waste, Reduce the size and scope of Government, and reform Entitlement Spending (Social Security, Medicare, and Medicaid). It’s incredible how some of the most Incompetent Imbeciles alive manage to become Congressmen. They can’t even spell Deficit let alone understand the Fiscal emergency.
The other option is Default. The US defaults on its Debt, and on the Promises-- implied or explicit-- that it made to Voters.
Voters expect the US Military to be well-equipped and trained to fight. They expect Social Security to be there for them at Retirement. They expect to pay a reasonable amount of Tax. They expect a basic, functioning Government to provide essential Services.
Unfortunately, THE MATH JUST DOESN’T ADD UP. The US Government simply doesn’t collect enough money to pay for all the things it promised.
For now, it makes up the difference by borrowing more money-- roughly $2 Trillion in Fiscal Year 25. Sooner or later that money runs out.
Foreign Investors-- Governments and Central Banks-- were the largest owners of US Government Debt. They believed in America, and it was a no-brainer to buy Treasury Bonds.
Foreign ownership of the National Debt is falling quickly.
Governments are diversifying rapidly, sellingtheir Treasury Bonds (or redeeming them at maturity) using the proceeds to buy Gold. It’s because Gold is one of the only Asset classes in the world that is universally accepted and has a truly Global Market. It can absorb hundreds of Billions of Dollars in Capital flows.
The Long-Term trend of Foreign Countries losing faith in the US Government.
They watched Joe Biden shake hands with thin air. They witnessed the humiliating debacle in Afghanistan. They observed rising US Budget Deficits, and a National Debt spiraling out of control and rising Inflation.
All of these events made Foreign Governments and Central Banks question if they want to buy Treasury Bonds. But the real watershed moment came after the Invasion of Ukraine.
The US Government's response was to freeze Russian Assets; Congress then soon passed the REPO Act, giving the President authority to seize Russian Sovereign Reserves.
This sent shockwaves through Foreign Governments. Suddenly they felt like their money was no longer safe in America— the US Government will freeze their Reserve Assets without warning.
