Prepare for collapse:- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your Life:The government is effectively bankrupt. Using GAAP accounting principles, the annual deficit is running in the range of $4 trillion to $5 trillion. That’s beyond containment. The government can’t cover it with taxes. They’d [...] continue reading the breaking news
Samstag, 14. August 2010
Why the US is as busted as a busted flush - IMF analysis suggests the US is fiscally bankrupt
Prepare for collapse:- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your Life:The government is effectively bankrupt. Using GAAP accounting principles, the annual deficit is running in the range of $4 trillion to $5 trillion. That’s beyond containment. The government can’t cover it with taxes. They’d [...] continue reading the breaking news
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