To begin, the article below is about events presently happening in Baltimore, but the author makes the point to end all points that I sincerely hope all my readers take to heart:
I think it’s safe to say that when we are both $18 trillion in debt (making us the largest debtor in the world), and have over $200 trillion in unfunded liabilities, that becoming a bankrupt nation with a worthless currency is very bad. I don’t think you need to be a member of any party to come to that conclusion.
FACT:
We are $18 trillion in debt. Very soon the interest payments on the debt we owe will exceed our GDP, or what we earn as a nation.
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