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America The Insolvent

America The Insolvent thumbnail

Watching the world these days, I’m experiencing the same fury that rises up from my gut when the driver in the car ahead me is weaving drunkenly, endangering everyone on the road.

Fury is a normal and rational human response when threatened with unnecessary harm. Women who are groped (or worse) by a disgusting predator like Harvey Weinstein, pensioners whose funds are stolen by Wall Street shysters, everyone who is being fleeced by corporations in search of a few extra dollars this quarter —  all have the right to be infuriated.

It’s been especially hard of late for those of us who are “reality”-based; who value data, fundamentals and historical context.

I earn my living by reading, analyzing and making sense of the world, and then working to help orient people’s actions to align with both the current reality and future probabilities. But that’s become pretty damn difficult in a world where the financial markets are rigged and the main news outlets are unwilling (unable?) to cover the real issues, preferring instead to focus on distractions that mainly serve to keep us isolated and divided.

The trajectory our global society is on will not end well, and that infuraties me. And the fact that most of the coming suffering is unnecessary if only we’d make better choices — that really pisses me off.

Here’s just a small smattering of the threats we’ve created for ourselves:

  1. $247 trillion of global debt, growing exponentially
  2. Off-budget liabilities well over a quadrillion dollars globally ($220+ trillion in the US alone)
  3. Massively underfunded pensions mathematically unable to meet their future obligations
  4. A coming peak in world oil supply somewhere between 2020-2030 (and around 2022 for the US)
  5. A global economy that requires perpetual growth, but can’t grow for much longer due to planetary resource constraints
  6. Huge demographic imbalances in Japan, the US, the EU and Russia that will leave too few workers supporting too many elderly
  7. Collapsing ecosystems and increasing heatwaves on both land and sea, threatening crop failures and food chain disruptions.

Collectively these all point to a future of less. Perhaps even a future of nothing.

Our only option for safely navigating towards a better future is to start dedicating a huge amount of focus, time, energy and resources to addressing these threats.

But, unfortunately, that’s simply not happening right now.

Unsustainable Finances

We don’t have much time left to get prepared. Yes, it’s rare for things to suddenly fall apart overnight — so if you’re playing the odds, we probably have a few years left before the status quo as we know it begins to break down. Maybe until 2020; possibly to 2023. But not much longer after that.

The trends are just too severe. And they’re building up steam.

Setting aside for a moment the frightening ecological and energy trends, a cursory glance at the fiscal and economic data still screams: This is unsustainable!

Look at the projected deficit for the US government:

The US government is currently in fiscal tax year 2018. That means next year’s projected deficit will breach the trillion mark, and things only get worse from there. By 2028 the deficit will be at least $1.7 trillion and possibly as much as $2.4 trillion.

It bears noting that current US tax receipts are just a smidge over $2 trillion. And as the chart below shows, they tend to drop precipitously during recessions:

Delusionionaly, the government’s projection of federal deficits doesn’t include any provisions for recessions over the next decade. This is nuts; recessions are a normal and recurring part of our economic system.

And due to the Federal Reserve’s tinkering to control the business cycle by replacing it with a credit cycle, the next recession is likely to be a doozy — because when credit cycles burst, they are immediately and powerfully contractionary.

So it’s not at all unthinkable that at some point between here and 2028 the US government will find itself borrowing more than 100%(!) of tax receipts in a given year.

That, my friends, is an express ticket to Venezuela-style insolvency.

But wait, there’s more. Two other very much out-of-control elements exacerbating these fiscal deficits will be rising interest costs and Social Security.

Debt Will Become More Costly To Service

Interest costs have a bad habit of being self-reinforcing. The more you borrow the higher your interest costs. But if you’re the government, there’s an added complexity: the more you borrow, the more you tend to also drive up the interest rate, which is an additional compounding factor.

Interest payments are already 25% of tax receipts and are certain to climb as the US federal government tacks on another $13 to $17 trillion in additional debt over the next ten years. Or possibly nearly twice that if a severe recession comes along, as is highly likely.

Under the best scenario (“only” $13 trillion) and assuming a very generous average rate of interest of 3%, that will result in some $400 billion of new, incremental yearly interest payments by 2028.

Under the worst scenario, (let’s assume an incremental $25 trillion of new debt at 5%) that would balloon to an incremental $1.25 trillion in new interest costs. Per year.

Social Security Reserves Are On Their Way To $0

Social Security is now in a cash deficit.

It’s drawing down its “trust fund”, even though this “fund” doesn’t have any actual money in it (just IOU’s from the US Treasury). Put simply, every time the SS administration draws upon the trust fund, it hands some of those IOUs to the US Treasury in return for cash.

And how does the US Treasury get that cash? That’s right: by issuing more debt.

As we can see in this next chart from the SS administration, nearly $3 trillion will be required over the 2018 to 2032 period. After which point, the SS trust fund reserves are gone:

NOTE: we will be going much deeper into these kinds of data at our Summit in New York City with David Stockman on Sep 16, 2018. As former head of the Office of Management and Budget under President Reagan, David has a near-unparalleled command of the vulnerabilities of the US economy and financial markets, as well as what likely repercussions their failure will bring. To learn more about that event, click here.

By Definition, This Will End

All of the above is simply an exercise to show that just when looking at the US economy alone — forget about the issues facing other countries and accelerating depletion of key resources (soil/aquifers/fossil fuels/pollinators/etc) around the world — the current trajectory is entirely unsustainable.

Meaning it must someday end. Whether that will manifest in a sudden castrophe, or in a drawn-out crescendo of accumulating crises, who knows?

But what won’t be happening is “more of the same”. Or a straight-line continuation of business as usual.

I can make the same trend extrapolation arguments for water aquifers and glacial flows serving billions of people. And with soil loss, and oceanic dead zones, and oil production.

None of this is sustainable.

This existential threat to our safety is the root reality, whether we’re conscious of it or not, underlying why so many of us are feeling infurated these days.

And while that fury often takes a partisan bent, our predicaments have nothing whatsoever to do with any particular political party. All are the same when it comes to fostering business as usual. All are identical in their support for endless growth. They merely argue over which misguided steps to take in pursuit of those doomed goals.

As the video below explains, everyone buying into the false ‘left vs right’ framing is being manipulated. Just as two rats in a cage, shocked by an unseen scientist, will direct their anger at each other, oblivious to the true assailant:

The Elites Are Already Making Preparations

The sheer obviousness of our collective predicaments combined with the near complete absence of any collective conversation about them is infuriating.

Worse, the powers that be are very busy propping markets in order to send the signal that “all is well” when everything is very much not well. Far too many people fall for this deception for my comfort.

As we can plainly see in the data presented above, the US is now utterly insolvent and headed towards bankruptcy. Most other nations are just as bad off, or worse. All are pursuing the same insane, impossible policy: Grow exponentially. Forever.

Which makes the current crop of politicians and monetary authorities no better than heavily-intoxicated truck drivers, drunkenly weaving their gigantic rigs in front of your family’s car. Their recklessness to everyone else’s well-being is infuriating.

The few paying attention, like you, can see that all of this falls apart sooner or later. The critical question to ask ourselves is: What should we prioritize doing now, in advance of the reckoning?

That’s the question an increasing number of elites are asking themselves. Yes, these are the people controlling the system today and benefitting the most from it, usually at our expense. But they can see that the racket they’re running has an expiration date. And they’re extremely worried about the hell that may break loose when it arrives.

You may have read some of the recent news stories about billionaires drawing up emergency plans for the social disorder they fear will erupt when the status quo breaks down. I can tell you from first-hand experience these stories are true. We’ve had a number ultra-wealthy individuals and families approach Peak Prosperity for consultations on the same topic.

In Part 2: The Rich Are Planning For Catastrophe, we explain what the wealthy are doing and what frightens them the most. Like them or not, these people have access to the best information and the most resources with which to take action. We’d be foolish not to pay attention to what they’re planning for and how they’re planning for it.

Time is short. The elites are making their own preparations. Be sure to get your own in place soon.

 

Peak Prosperity



162 Comments on "America The Insolvent"

  1. Makati1 on Sat, 21st Jul 2018 7:07 pm 

    “Insanity has taken hold of the West, as a percentage of the population continues to descend further and further into madness, madness that is being rammed down our throats by the MSM,…

    Taking to the airwaves and social media, key, high ranking members of the MSM began to push the narrative that Trumps statements were “treason” and Russia’s actions were an “act of war”…

    The MSM have completely lost all sense of personal responsibility in their pursuit of pushing their personal agenda and getting the next click bait story out into the airwaves….

    Beginning a war with Russia, the second largest military power in the world, whom possesses a vast array of nuclear weapons, would be disastrous and catastrophic to say the least….

    https://www.sprottmoney.com/Blog/the-msm-wants-war-with-russia-a-dangerous-narrative-is-born.html

    Slip slidin’…

  2. MASTERMIND on Sat, 21st Jul 2018 7:20 pm 

    Madkat

    You say you respect boat and clog because they don’t resort to put downs. and then you go and insult me and put me down..you contradict yourself in your own statements..You are showing the early signs of dementia..You are a scared and afraid old geezer..and angry involuntary celibate..

  3. Makati1 on Sat, 21st Jul 2018 7:32 pm 

    MM, you ask for the abuse that is showered on your cowardly, immature, delusional person. Every word of it. Arrogance is not looked on favorably by any mature, rational adult. When you join that group, and prove you should be a member, the abuse may stop. I cannot promise that all of it will as the others here are individuals that I have no control over.

  4. Makati1 on Sat, 21st Jul 2018 7:37 pm 

    MM, statements like: “You are showing the early signs of dementia..You are a scared and afraid old geezer..and angry involuntary celibate..” only prove my point.

    When I read your rants, I get a picture of a fat little kid lounging on mom’s sofa slurping a sugar drink and eating junk food all day watching zombie movies and porn on the internet, while playing with himself.

    Is that what you want to project?

  5. Davy on Sat, 21st Jul 2018 7:59 pm 

    “This forum is plagued by two mental cases, Davy and MM, and a few dreamers, Cloggie and Boat.” and 3 lying narcassists, 3rd world, greggor, and boney juan.

    3rd world, why are you so stuck on yourself? You are nothing special but you act like you are the center of the universe. Try a little humility out sometime and maybe you will feel something real.

  6. Davy on Sat, 21st Jul 2018 8:05 pm 

    Boney juan, try doing your comments like this instead of doing your empty references:

    “China must speed up development of nukes to deter US aggression – state media”
    https://www.rt.com/news/433904-china-more-nukes-deter-us/

    “China should reconsider the “sufficient” size of their nuclear weapons stockpile to scare off potential attackers, China’s Global Times said, pointing at the US’ “aggressive attitude” in the South China Sea and the Taiwan issue.”

    “Beijing is “slowly increasing” the number of warheads and is currently developing the Dongfeng-41 (DF-41) – a long-range ballistic missile possibly capable of striking any potential target worldwide. However, it is unclear when the new weapon will enter into service.”

    Boney Juan, you are turning into a war pig like 3rd world, with the WWIII obsessions. Why do you two like war so much? Is it the dark side of your nature that craves mass death?

  7. Davy on Sat, 21st Jul 2018 8:09 pm 

    “This is today’s Global Times editorial piece. Apparently the Chinese goverment is evaluating its nuclear arsenal in view of the USA’s increasingly agressive actions in Taiwan and the South CHINA sea. ”

    more war pig action out of the boney juan.

    BTW, try spelling goverment and agreessive properly boney juan.

  8. Davy on Sat, 21st Jul 2018 8:12 pm 

    “If the Us keeps poking a stick at the bear or dragon, it will not end well for Americans. The Chinese have “nuclear” weapons that do not need missiles. They hold enough Us debt to sink the American economy, not to mention the trade that supplies the Us with most of its necessities. And, of course, Russia has thousand of nukes aimed at the Us.”

    More war pig action but this time out of the 3rd world senior. These guys are sick. They constantly beat the drum of war then whine about the Americans.

  9. GregT on Sat, 21st Jul 2018 9:39 pm 

    “More war pig action but this time out of the 3rd world senior. These guys are sick. They constantly beat the drum of war then whine about the Americans.”

    Makati1 is an American Davy, and he’s had enough of ‘his’ country murdering millions of innocent people all around the world.

  10. Makati1 on Sat, 21st Jul 2018 9:49 pm 

    Greg, you understand my viewpoint and why I say what I print here.

    The only way that ‘wars of choice’, by the Us, will be ended will be the total take down of America. The pain caused by greedy, immoral, indifferent Americans, for decades in foreign countries, is coming home in huge amounts. So be it. Well deserved and long overdue.

  11. MASTERMIND on Sat, 21st Jul 2018 9:53 pm 

    Madkat

    You are so manic and going off the rails..You are a sad and afraid old geezer..You are going to give yourself an ulcer..

    Show me you are bright and stop posting fake news and scare porn…

  12. Makati1 on Sat, 21st Jul 2018 9:57 pm 

    “America’s Derangement Syndrome a Danger to World Peace”

    https://www.strategic-culture.org/news/2018/07/20/america-derangement-syndrome-danger-world-peace.html

    “State Dept Insider: “Eerily Familiar Drumbeat Of War Intensifying” Ahead Of Pompeo’s Iran Speech”

    https://www.zerohedge.com/news/2018-07-21/state-dept-insider-eerily-familiar-drumbeat-war-intensifying-ahead-pompeos-iran

    “Do Western Warmongers Want Us All Dead, or What?”

    https://journal-neo.org/2018/07/20/do-western-warmongers-want-us-all-dead-or-what/

    “Imperial Conquest: America’s “Long War” against Humanity”

    https://www.globalresearch.ca/imperial-conquest-americas-long-war-against-humanity-3/5647841

    “Oil-rich Neuquén, Argentina—site of a new U.S. military base”

    https://www.peoplesworld.org/article/oil-rich-neuquen-argentina-site-of-a-new-u-s-military-base/

    Warmongering America. Slip slidin’…

  13. Makati1 on Sat, 21st Jul 2018 10:01 pm 

    MM: “Show me you are bright and stop posting fake news and scare porn…”

    Scare who? Wimps like you who think a 22 hollow point is the answer? I doubt that anyone here, who sees reality, is scared, except hat fat couch potato I described above? Keep proving my assertion. You are doing a good job of it. LMAO

  14. MASTERMIND on Sat, 21st Jul 2018 10:01 pm 

    Madkat

    China is going to get nuked next..First a trade war..next a shooting war..they can’t compete with our nukes..They are dead..A couple dozen nukes into china and 100 million dead slant eyes..

    LMFAO!

  15. MASTERMIND on Sat, 21st Jul 2018 10:02 pm 

    Madkat

    Spreading fake news and scare porn from zerohedge..

    You would never make it through college..Good thing you worked with your hands.

  16. Makati1 on Sat, 21st Jul 2018 10:04 pm 

    No, Mm. First, China is going to kick the American ass, then it is going to move on to more important things, like its New Silk Road.

    More and more you prove that you are so far out of reality that you likely will be in an insane asylum before you can use that 22HP.

  17. Makati1 on Sat, 21st Jul 2018 10:07 pm 

    MM you are aware that China has over 300 nukes and they can reach ALL of the Us? That is one for every major city in America. But they don’t have to use them. All they have to do is dump their $1,2T in Us IOUs and the Us economy is gone.

  18. Boat on Sat, 21st Jul 2018 10:13 pm 

    Wars and rumors of wars are the dreams of haters. Then what happened was a couple of low level conflicts and a slight tightening of the noose by the US towards Putin. The Mastermind. Lol

  19. MASTERMIND on Sat, 21st Jul 2018 10:45 pm 

    Madkat

    China is a paper dragon..And 80 percent of the countries in their silk road are in junk status..And china’s debt is unsustainable and they are headed for a “Minsky moment”..And they are the worlds largest oil importer and oil shortages are coming soon..

    Stick a fork in them…

  20. MASTERMIND on Sat, 21st Jul 2018 10:53 pm 

    madakt

    At least I can still beat off..I doubt you have been able to get a boner in 20 years..Thus your never ending hate and over compensation? thus why your wife left you? Busted!

    LMFAO!

  21. Dooma on Sat, 21st Jul 2018 10:57 pm 

    Roger Ramjet. If Uraguay is white, does that mean that all South American countries that have been captured by force are also white?

  22. Makati1 on Sat, 21st Jul 2018 11:34 pm 

    Mm, you have no idea what 74 is like. Nothing has changed except the number of days I have lived on this earth. Over 27,000 to be exact. I expect to add another 8,000 to 10,000 to that total and enjoy all of them. I have no fear of death. You do.

    You are just that fat kid on mom’s couch beating off to porn and zombie flicks while spewing all of your immature delusions here on the internet. LOL

  23. MASTERMIND on Sat, 21st Jul 2018 11:36 pm 

    Madkat

    What’s wrong with beating off to porn and watching zombie flicks?

  24. Cloggie on Sat, 21st Jul 2018 11:37 pm 

    China is going to get nuked next..First a trade war..next a shooting war..they can’t compete with our nukes..They are dead..A couple dozen nukes into china and 100 million dead slant eyes..

    LMFAO!

    Complete socio-path.

    Voltaire: “I would not be surprised if one day they will become deadly to the human race”

    https://www.nytimes.com/1990/09/30/books/l-voltaire-and-the-jews-590990.html

    Has been thrown out of every country imaginable, except the US.

    https://www.biblebelievers.org.au/expelled.htm

    #110

  25. Dooma on Sat, 21st Jul 2018 11:43 pm 

    And Central America. Does that make Mexico Westernised and white as well?

    Why do North Americans call anybody south of their border ‘Spics’, ‘Greasers’, ‘Wetbacks’ and other nasty phrases?

    You knew what I meant when I described the type of rich white Westernised people grabbing land. If you want me to say it, I will?

    I mean fat, baseball cap wearing, insular, God-fearing, mega-consumer baby killers. I will leave it up to you to try and work the rest out.

    But they are nothing like NATIVE Guatemalans. And the US Virgin Islands are also white….

  26. Makati1 on Sat, 21st Jul 2018 11:48 pm 

    Interesting:

    https://i.pinimg.com/564x/d2/bb/b5/d2bbb5867841e7d2aaac4187a293a6e3.jpg

    Uruguay is about the size of Cambodia or California.

  27. Dooma on Sat, 21st Jul 2018 11:48 pm 

    MM, slant eyes? I think I heard the school bell ring. Time for you to eat some crayons and have an afternoon sleep.

    Grow the hell up! Racial slurs like that make a joke out of you. Not the subject.

  28. Makati1 on Sat, 21st Jul 2018 11:54 pm 

    Dooma, MM is a school dropout. No bells ringing for him unless they are in his mind. His lucidity* is only for a few minutes daily, and becoming more and more rare as his brain fries on whatever he is snorting.

    * for MM’s education – Lucidity: noun, the quality of being easily understood, completely intelligible, or comprehensible.

  29. Makati1 on Sun, 22nd Jul 2018 12:02 am 

    “America’s Derangement Syndrome a Danger to World Peace”

    “Speaking in Moscow to his diplomatic corps, President Putin warned that there were “powerful forces” within the US which are ready to sacrifice the interests of their country and indeed the interests of world peace in order to pursue selfish ambitions…

    “They would rather see a major confrontation with Russia, even if that could lead to war,” said the American president….

    Thus, what we are seeing in the explosion of hostility towards the Trump-Putin summit is twofold. It is an American phenomenon, and secondly, it is an angst that animates only the political class in Washington and the news media corporations. This constituency, it is fair to say, is an elite faction within the US, albeit extremely powerful, made up of Washington politicos, the state intelligence apparatus, the corporate media and think tanks, and the deep state establishment of imperial planners and strategists. In short, this constituency is what some observers call the “War Party” that transcends the US ruling class….

    One positive aspect of the new phase of Cold War is that before it was largely concealed, and deceived, as a simplistic bifurcated confrontation of Americans versus Russians. Today it is evidently a situation of an American deranged elite versus the rest of the world, with the latter including ordinary American citizens who have much more to gain from standing in solidarity with Russian citizens.”

    https://www.strategic-culture.org/news/2018/07/20/america-derangement-syndrome-danger-world-peace.html

    “Which again shows that in the US there is really only one party, the War Party.” Slip slidin’…

  30. Dooma on Sun, 22nd Jul 2018 12:29 am 

    There is a typo in the title of this article:

    It should read “America the Insolent”

  31. Antius on Sun, 22nd Jul 2018 12:31 am 

    Anyone that doubts that the entire world is facing another great depression, should read this article. The only question would appear to be ‘how long’ can we keep the wolf away from the door?

  32. Cloggie on Sun, 22nd Jul 2018 2:54 am 

    There would be many advantages if a new depression were to happen. For starters we could no longer flee into “the economy”, but finally have some time to settle matters outside the realm of economics. Like:

    – restore marriage and begin to remove the younger women from the labor process and tell them to go home and have their two children
    – increase ethnic tensions to the boiling point
    – defeat the political left, like happened in the thirties in continental Europe
    – in continental Europe: leave the West and turn to Russia, rearm and prepare for operations in North-America and help creating a new white ethno-state

    Most people are in the “don’t rock the boat” mode, where in reality the boat called “The West” needs to be capsized.

  33. Cloggie on Sun, 22nd Jul 2018 4:38 am 

    Steve Bannon to settle part-time in Brussels in order to help to bring about a right-wing revolution in Europe:

    http://www.spiegel.de/politik/ausland/steve-bannon-plant-offenbar-rechtspopulistische-revolte-in-europa-a-1219580.html

    Key target according to Bannon is George Soros.

    #ThirtiesRevisited

  34. Davy on Sun, 22nd Jul 2018 5:07 am 

    “Roger Ramjet. If Uraguay is white, does that mean that all South American countries that have been captured by force are also white?”

    Dumba, ya screwed up so man up. Posing another question has nothing to do with your screw up. Uruguay is primarily a European nation just like Australia. Buy some geography books.

  35. Cloggie on Sun, 22nd Jul 2018 5:12 am 

    War with Iran would be ‘mother of all wars,’ Rouhani warns US

    https://www.rt.com/news/433929-iran-mother-all-wars/

    This time, Russia and China won’t be neutral, like they were in the case of Iraq.

    Yes, Iran has the potential to halt all oil shipments from the Gulf, which would mainly hurt European, Chinese and Japanese interests, not American. And that in a situation where Europe explicitly does NOT follow the US and is satisfied with the current nuclear-arrangement with Iran. A war US-Iran would be yet another useless war of choice. Europe would become completely at the mercy of Russia and the latter would ask a geopolitical price.

    Italy, Hungary and Austria are ready to switch to Moscow.

    A war US-Iran would be increasingly seen in Europe as a stealth war of the US against Europe.

  36. Cloggie on Sun, 22nd Jul 2018 5:38 am 

    May has little support for her soft-Brexit plans, hard-Brexit almost inevitable.

    http://www.dailymail.co.uk/news/article-5979249/May-faces-political-crisis-poll-shows-just-12-Brexit-fudge.html

    This gives us in continental Europe finally the opportunity to cancel the West (UK/US), that sarcophagus of the white race and turn to “racist” Eurasia, letting Anglosphere mongrelize all on its own and turning into the Orwellian Oceania, if no uprising in the US occurs.

    https://documents1940.wordpress.com/2018/07/22/eastern-europe-is-showing-the-way/

    Expect all British thrown out of continental Europe and likewise all continental Europeans from Britain (London is going to be a very “dark” place), transport and energy blockades, halting construction UK offshore wind projects (Britain returning to nuclear energy, Antius happy), Channel tunnel closed, no more Ferries, no more flights from and to Britain, no more British holidays to France and Italy, Brighton is good enough (good for the environment), British troops removed from Germany and later perhaps replaced by Russians. Increased American military presence in Britain. Spanish occupation Gibraltar. EU promises to give it back on the condition of a large Eurasian naval base in Dover (which will never happen). British entrepreneurs stuck with 50% of economic output, resulting in massive layoffs, but also the opportunity for local companies to replace cancelled foreign imports. Many continental European countries halting operations in Britain. Shell follows example of Unilever and withdraws from Britain and returns to Holland. Amsterdam airport taking over from Heathrow as the largest airport in Europe. Rearmament of continental Europe.

  37. deadly on Sun, 22nd Jul 2018 5:40 am 

    Insolvent inschmolvent, all a total crock.

    Each citizen of the world is a ward of the US gov and each citizen has a value determined on the day that they are born, anywhere on this godforsaken earth, doesn’t matter where.

    The United States owns the world and can sell any part of it to meet its financial obligations. You might live on the land, but it doesn’t belong to you. The Atlantic and Pacific, A&P, belong to the US, the US Navy makes it that way.

    The US owns every corner of the planet, the rest of the world is real estate to be sold. Reference the Guano Act.

    There are 325 million people living inside the borders of the US.

    The third most populous country on the planet, India and China are tied for first and second.

    If each person has a potential net worth of 500,000 dollars, then that amount of money is the collateral needed to sufficiently cover the outstanding debt.

    162,500,000,000,000 usd is the total worth of all Americans from one years old to one hundred years old.

    Three million square miles of land, 6,400,000 usd of value in the land at ten thousand per acre worth.

    3,000,000 x 6,400,000 = 19,200,000,000,000 usd in land value alone, doesn’t include houses, buildings, factories, etc.

    Covers most of the debt, it is collateral, so the debt can remain at the present level, it’s covered.

    America is insolvent according to those who will pick it clean, the buzzards, the vampire squid, the billionaires who want it all.

    Nothing more than a world-class swindle and a giant land grab. Iffin you want it that bad, then you’ll be paying through the nose for any of it.

    Might want to give it all a second thought, might not work out like you want it to.

    Pick on Russia, they have more land to exploit and destroy.

    The US will benefit regardless of the outcome.

    Might as well go whole hog with the hyperbole.

    The US is not insolvent, it just owes some money and the world’s population will be able to help the US get back on its feet.

    You must act responsibly and support every effort by the US gov to remain your master.

    If John Deere and Caterpillar open factories on soil other than the US, that land and factory is property of US businesses like John Deere and Caterpillar and therefore subject to US jurisdiction, the US owns it.

    Get used to it. So there.

    The spy satellites are watching, so don’t try anything funny.

    It’s Sunday, a holy day if there ever was one, so be sure to send the US gov ten dollars and the US gov will distribute the money to those who deserve it the most, that would be Americans and nobody else.

    Get to work, you lazy go-for-nothing bums, with your help the US will be ok and you should be happy lending a helping hand.

    There, it is all better and fixed.

  38. Cloggie on Sun, 22nd Jul 2018 6:42 am 

    The US owns every corner of the planet, the rest of the world is real estate to be sold. Reference the Guano Act.

    You’d wish.

    Absolutely not true for: Russia, China, Iran, Pakistan, Syria, North-Korea, Afghanistan.

    Important countries with one leg outside the empire: India, Turkey, Hungary, Italy.

    The EU already openly flirted with taking over from the US:

    https://www.rt.com/news/387313-us-losing-leadership-eu-mogherini/

    The US itself is owned by the “Israel-lobby”, well until November 2016 that was.

    Now there is a life-and-death struggle between:

    – Trump, who wants “America First” (meaning: f* the oligarch empire), and who wants to rebuild American industry through mercantile trade policies, and close the borders against third world infiltration.
    – Oligarchs and their media, who want America back, temporarily hijacked from them by Trump.

  39. JuanP on Sun, 22nd Jul 2018 6:56 am 

    Delusional Davy “Dumba, ya screwed up so man up. Posing another question has nothing to do with your screw up.”

    I see that the board’s “moderator” and qualifier is “bringing balance” to us again. The idea that a radical extremist like Davy could moderate anything is hilarious. And, how could someone so unbalanced and, esentially unhinged, balance anything? You are so full of shit, goat sucker! LOL!

  40. Davy on Sun, 22nd Jul 2018 7:12 am 

    “I see that the board’s “moderator” and qualifier is “bringing balance” to us again. “

    Obviously I have you extremist moderated or you would not be squealing. Watch what you say boney juan or I will expose your stupidity and bad behavior.

  41. MASTERMIND on Sun, 22nd Jul 2018 7:17 am 

    Clogg

    Thats what Saddam used to say that mother of all wars had begun but he quickly capitulated within weeks..

    LMFAO!

    HIT EM HARD! AND THEN ATTACK CHINA OR RUSSIA!

  42. MASTERMIND on Sun, 22nd Jul 2018 7:21 am 

    Saddam and Iran have one thing in common. Both think their war is Mother of All Wars and they would win it. Saddam learned it the hard way and Iran in the process!

  43. JuanP on Sun, 22nd Jul 2018 7:36 am 

    Delusional Davy “Obviously I have you extremist moderated or you would not be squealing. Watch what you say boney juan or I will expose your stupidity and bad behavior”

    If you weren’t so pathetic you would be real funny! Don’t get me wrong, you do make me laugh every day. The only stupidity and bad behavior you expose every single day is your own, and if you weren’t so insane you would see that. Little wonder your family doesn’t want to have anything to do with you. You are a despicable person!

  44. JuanP on Sun, 22nd Jul 2018 7:42 am 

    MM, The USA has been trying to destroy Iran for decades and has failed miserably at it. Persia has been around for much longer than the USA and it is likely to outlast it, too. The USA is in decline and facing collapse and disintegration. The funny thing is that the USA is destroying itself because only Americans can destroy the USA, and they seem to be trying very hard. If you want to fight the USA’s enemies you should focus your energies in fighting traitors like Davy because they are this country’s ruin!

  45. Cloggie on Sun, 22nd Jul 2018 7:48 am 

    Thats what Saddam used to say that mother of all wars had begun but he quickly capitulated within weeks..

    LMFAO!

    HIT EM HARD! AND THEN ATTACK CHINA OR RUSSIA!

    You cannot compare Iraq and Iran.

    Iraq was lead by a Sunni minority and initially the Shia majority used the Americans as a useful idiot to topple Saddam for them, in order to hand over Iraq to the Shia and the sphere of influence of Iran. In the end the Americans were essentially thrown out of the country with Iraq NOT ending up as a US vassal, against the original intentions and declarations by Paul hole-in-sock Wolfowitz…

    https://s2-ssl.dmcdn.net/LBS46/x1080-j2f.jpg

    …and the rest of the neocon kikestinians.

    Iran has more than twice the inhabitants of Iraq. The country is mountainous and is hence much easier to defend against intruders (study the Swiss example). Where Iraq is located at the end of the Gulf, Iran controls the very narrow Straight of Hurmuz, where all oil, not just Iranian oil, has to pass. But even if the US manages to occupy entrance to the Straight, Iran can still launch missile attacks against Saudi or Iraqi oil tankers from every spot of their very long Gulf coast. One tanker sunk will be enough to bring down the entire shipping from the Gulf until the end of the war.

    If the US can’t defeat Vietnam, Korea, Iraq, Syria or Afghanistan, perhaps looking for trouble with Russia and China might not be such a good idea. Not in the least because the US army is now to a high degree a third world army. They may be good at dancing, but fighting not so much. It remains to be seen if the new GI can even read the manual of his weapon, let alone understand it.

    For this reason I strongly encourage you to attack Russia and China… in order to get your ass kicked and the empire terminated and split the country up.

  46. MASTERMIND on Sun, 22nd Jul 2018 7:57 am 

    Clogg what happened to Sadaam insane? he went hiding in a hole..

    What happened to Gadafi?

    He got a sodomized by a nine inch blade!

    Attacking Iran is how we can instigate war with the Russians..

    Maybe we won’t need a false flag this time..We’ll do it the old fashioned way!

  47. JuanP on Sun, 22nd Jul 2018 8:13 am 

    MM “Attacking Iran is how we can instigate war with the Russians..”

    Only an insane person would want the USA to go to war with Russia, MM. Are you insane? Russia can completely destroy the USA in minutes and has the best missile defense systems in the world.

  48. Cloggie on Sun, 22nd Jul 2018 8:19 am 

    “Maybe we won’t need a false flag this time..We’ll do it the old fashioned way!”

    Poor millimind, unable to grasp the difference between a 6 million nation like Libya and the combined strength of Russia and China with ICBMs and endless personal resources of 1500 million and fighting spirit on par with a history of 1500-2500 years, where the US is an artificial mongrelized entity, with zero cohesion.

    RIP

  49. MASTERMIND on Sun, 22nd Jul 2018 8:30 am 

    Clogg

    Russia has a GDP the size of Italy..they also said they would retaliate if we attacked Syria..and they didn’t do shit..and china wont protect them..they are all on their own.

    Putin’s ‘unlimited range’ nuclear missile crashed after 22 miles

    https://www.telegraph.co.uk/news/2018/05/22/putins-unlimited-range-nuclear-missile-crashed-22-miles-us-intelligence/

    Russia has failed in its attempt to test fire a new missile.
    https://www.telegraph.co.uk/news/worldnews/europe/russia/3917249/Russia-missile-test-fails.html

    HAHA!

  50. JuanP on Sun, 22nd Jul 2018 8:45 am 

    MM, Russia is THE BIGGEST country in the world and has thousands of nuclear weapons. It is essentially self sufficient in every way. How exactly would you attack Russia, MM? Please enlighten us!

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