Posts Tagged: U.S. National Debt

Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles.  We...

Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives

Did you know that there are 5 “too big to fail” banks in the United States that each have exposure to derivatives contracts that is in excess of 30 trillion dollars?  Overall,...

The U.S. Government Is Spending 400,000 Dollars On A Single Helmet

Would you pay $400,000 for a single helmet?  Of course you wouldn’t – but that is precisely what the U.S. government is doing.  Just the helmet for the pilot...

The U.S. Government Is Borrowing About 8 Trillion Dollars A Year

I know that headline sounds completely outrageous.  But it is actually true.  The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see...

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