posted on Jan, 5 2011 @ 08:53 AM
Congratulations America, you are now 14 trillion dollars in debt. The U.S. national debt is now more than 14 times larger than it was just 30
short years ago. The federal government is literally drowning in debt.
According to this article, the U.S. debt ceiling has been raised 10 times since 2001! Every time they get close to hitting it,they simply vote to keep
raising it. By continually raising,they simply prolong the agony and also make the coming 'hurtin' even worse.
America is caught in a death-trap of it's own devising from which there is apparently no escape. It doesn't matter if they raise the ceiling or
not,the system will crash. Talk about a Catch-22.
To make matters worse,pretty soon probably no one will want to loan money to America anymore and then it's 'curtains' on the whole mess.
Be sure to check out the U.S. National Debt Chart just to help give you clear idea of just how far the whole contraption has sped away of out
Look guys,this is serious stuff going on here. We can try to wish and rationalize this stuff away all we like but the fact of the matter is that if
you've got a Plan B,you'd better get working on and fast. Although with all of the other things happening such as the climate changes and
environmental disasters,I'm giving the future much hope.