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RE: Mourning in America – After Decades of Voodoo Economics (Chaos Monitaur–32)
I barely read your post. It took me about 10 minutes. How much time did you spend writing it? You told me a story that I never heard of before. I could not imagine that even the US lives in debt. In many ways, for me this is a revelation. Good luck to you and good. Resteem.
The US is in debt that it can never repay. http://www.usdebtclock.org/
Since 2008, the US has been printing more and more money, to save its too-big-to-fail banks and other companies. That money has not helped the economy, only helped blow up a bubble in stocks, bonds, and other things, It's called the everything bubble.
When the bubble bursts, the US will print more and more money. It will have no choice. Then it will have hyperinflation.
I'm glad that the post was a "revelation" to you. I also did not know any of this info until about 8 years ago. Since then, I've read over 100 books on the current economic situation and 100s of articles. Each one is a revelation, and each one has some scary news.
Keep learning.