Oct. 22, 2012
Today there has been a problem with the economy.The United States is now facing an economical disaster on a scale few nations have ever experienced. We no longer produce what we need to sustain ourselves, we import much more than we export, and we are selling off our assets and taking on massive debts to sustain a standard of living we can no longer afford. Not only was this not the way we became a superpower but it is a sure way to lose this status.
The game plan of our international competitors is to render us completely dependent on foreign production, innovation and financing. In losing domestic self-sufficiency, national security and leverage – our foreign affairs will suffer greatly.The mainstream media in the United States is almost totally ignoring one of the most important information in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the buying and selling of oil) is conducted in U.S. dollars, and this gives the United States a tremendous economic advantage.
The U.S. government has stolen $15,876,457,645,132.66 from future generations of Americans, and we continue to add well over a hundred million dollars to that total every single day. The 15 trillion dollar binge that we have been on over the past 30 years has fueled the greatest standard of living the world has ever seen, So has this wonderful prosperity that we have been enjoying, a lie? How do we know if all of this isn't real? We have been living way above our means for so long that we do not have any idea of what "normal" actually is anymore. But every debt addict hits...
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