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Wednesday, March 13, 2024
The U.S. Debt Is Rising By $1 TRILLION Every 100 Days! (Jimmy Dore)
Do you want to know what's going on with the US economy? Money in the US is being created out of thin air to keep the zombie alive, where the industrial economy has been outsourced and people are flooding into a country with a real unemployment rate already at around 20 percent. The Fed is simply printing money to keep Government running since the tax base has gone, and expenses are up, which results in a massive debt bill. The money to pay for things like Government programs, the military, or the war in Ukraine(!) is not coming from taxpayers, or from tax dodging corporations, but from this money printing scheme. It's all a con. When the money is cut off, or the debt called in, then things will dramatically collapse.
The one 'saving grace' is they can keep printing money 'forever' which results in a divided society. The big money ends up going to the elites, the big corporations plus the MIC, while small crumbs go to infrastructure or programs to help the general population/economy. Everything can be fixed if the money printing is redirected where it is needed, and policies enacted to return industry to the USA, and to close the borders to lower the labor supply. Any debts from this money printing should then be voided. The debt was created out of thin air and can thus be nullified.
[Posted at the SpookyWeather2 blog, March 13, 2024.]
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