Reality Check: Keep Prepping for a Crash in Government Debt in 1-6 Years Lower your debt, increase your liquid cash, stock up on long term food storage, and whatever else you think you need. If the crash does not happen or you want to rotate your food storage, you can donate your food storage to a homeless shelter. Build personal savings and investments. Our President has stated today that he will not agree to cut any government spending in order to have Congress approve his plan to increase our national debt. The reality check here is that the Government is driving working Americans off a HUGE cliff where over 60% of the nation will be forced to financially depend on a larger, higher taxing, Progressive Government. The entire financial system will crash in 1 to 6 years from now as we cannot keep expanding the size of Government, expanding Union membership in the Gov, and increasing our national debt like this. It will take everyone down with it. The top 10% already pay 74% of all Federal Income taxes today. Our President actually stated last week that increasing the National Debt Ceiling does not really increase our national debt. If this is true, then why does he want to increase the amount of money he can borrow?
Posted on: Thu, 26 Sep 2013 23:14:16 +0000
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