Unless you’ve been living in a cave for the last 16 months, you can’t deny the fact that we’ve seen an exponential increase in our nation’s debt.
Ironically (or NOT) most people still don’t realize the magnitude of what’s happened to us economically thanks to the man-made pandemic commonly known as Covid-19.
Just for funzies, let’s recap what happened since we allowed the Triumvirate Trio of Gates, Schwab, and Soros to wreak havoc on the world with their nefarious Agenda 2030.
- In February of 2020 we experienced the greatest economic collapse – on a global scale – since the Great Depression.
- It was followed by the fastest economic recovery in American history.
- The rest of the world is still in shambles.
- Over the past 16 months, the FED’s balance sheet has essentially doubled…from $4.2 trillion to over $8 Trillion.
- In that same time frame, US fiscal spending has totaled OVER $9.1 Trillion (including $5 Trillion of “Supposed” Covid relief).
- This has created a federal budget deficit equal to nearly 15% of our GDP for both fiscal year 2020 and 2021.
- The US stock markets (DOW, S&P, NASDAQ, RUSSELL 1,000, etc., have surged to all-time highs.
- This has resulted in a market cap equivalent to a full 276% of US GDP…also a record high.
So, what does all this mean for us as a nation?
Glad you asked.
And, in a word…Chaos.
But you should understand that chaos can be a good thing.
Especially for those with Ears to Hear.
The fact that government borrowing is out of control is nothing new.
Out of Control and Exponential Increase in Debt
And, unfortunately, the boyz in DC have NO INTENTION of paying it back.
Huh?
That’s right.
Besides being mathematically impossible, out of control and exponential increasing debt is a harbinger for disaster.
It’s how all empires meet their demise.
And, unfortunately history has a way of repeating.
Why?
Because the passions of man NEVER change.
You could summarize this by saying “This won’t end well.”
And you’d be right.
But if you study the past, you’ll understand how Turbulent Times create opportunities of a lifetime…for those with Ears to Hear.
Instead of being a victim of “Imminent Chaos,” learn how to profit from exponential increase in debt in our June edition of “…In Plain English” (HERE).
You won’t regret it.
In fact, you’ll wondered why you waited so long to hear what the rest of the world refuses to hear.
Go ahead!
Upgrade to our premium content now. (HERE).
And remember: We’re Not Just About Finance.
https://www.financialsmatter.com/about/
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