The US' Balance Sheet - It Ain't Good

[Ozarks Tom]

These folks sell advice, and PMs, but the numbers can't be denied when it comes to the current economic state of affairs of our country.  Take a short read, then get a glass of wine (or three).

The government of the United States is totally, desperately, hopelessly bankrupt. And they become even more insolvent with each passing year.

Nearly every single dominant superpower throughout history was eventually consumed by its unsustainable finances.

And in their decline from power, bankrupt governments rely on a simple playbook to desperately try to maintain the status quo by every means available.

They destroy freedom. They impose a police and surveillance state. They seize assets. They wage campaigns of violence and intimidation.

They impose capital controls. Cash controls. People controls. Whatever it takes.

This time is not different. The finances of the US government are obvious, as is the trend.

We’re not talking about what ‘might happen’ or ‘could happen’. We’re talking about what IS happening.
www.sovereignman.com/trends/breaking-us-government-releases-its-2015-financial-statements-18735/

[riverhiker]

This is what happens when you abandon God's laws.

[blackfeather]

We're doomed.

From Egon von Greyerz:

So anyone who keeps money in the bank will earn a negative return after bank fees in many countries . But that is just the beginning. It will get a lot worse because most governments will see to it that investors’ cash will become worthless in the next few years.

First, depositors will be forced to invest in government bonds to finance the growing budget deficits. As government borrowings grow exponentially, these bonds will collapse in value and eventually become worthless.

Second, all currencies will collapse under the weight of money printing and credit expansion. And the US dollar, the Euro and most other currencies will reach their intrinsic value of ZERO!

Third, the banking system is unlikely to survive with a leverage of up to 50 to 1, excluding the $1.5 quadrillion of worthless derivatives. So whatever assets a customer has left in the bank will disappear in the bankruptcy of the whole financial system. And no one should believe that they will get their segregated assets back.

Since the creation of the Fed in 1913, world debt has gone from virtually nothing to over $230 trillion. And that doesn’t include unfunded liabilities which are in the hundreds of trillions plus the derivatives of $1.5 quadrillion.

Exponential money printing will destroy virtually all currencies and create anarchy at all levels of society.

kingworldnews.com/legend-warns-of-coming-anarchy-hyperinflation-and-a-frightening-endgame/