$29,712,043,795,472 as of 1 Jan 2022, as the policies not yet fully dismantled by Trump, and then accelerated by Biden and his Democrat Congress are operating.
2022 dollar GDP increased 8.1 percent at an annual rate, or $446.0 billion, in the third quarter to a level of $23.19 trillion.
Given that by definition the government multiplier is 1, (the private sector multiplier is two in horrible years and 8 in our best years) the GDP will never provide enough to pay down the debt, without taxing every man, woman and child $87,388.36, for nothing in return. Or every wage earner $371,400.55 for nothing in return. For those of us struggling with our mortgage - just about everyone, a debt like that would mean bankruptcy. And that’s what it means to the nation.
What happens in bankruptcy? You lose everything to pay your creditors, then your debt is forgiven and you live with austerity, because no one will loan you anything anymore.
What does that mean in the World? While we are living in austerity, with China owning everything we use and practically every business we buy from, they are promoting their currency as more trustworthy. But the greater danger is the Great Reset folks who will promote bitcoin and probably win, meaning the people of the US become slaves to them for the future of forseeable generations. Brilliant.
The National debt was $14,791,536,366,149 as of 1 Jan 2012, after Obama and the Democrat Congress, who doubled the debt accumulated in the entire history of the US before that.
Why? Because they believe securing power is most important, and that they will be long gone when the bill comes due, and they are right, aren’t they? They will have bought off most of the illegals, institutionalized poverty as the great sugar daddies, and bought off an army of Deep Staters in the judicial, law enforcement and military to protect them from ever being charged in their lifetime, with treason.
Why are many Republicans defecting? They see the public putting up with all of that, and realize that standing for the principles of the Constitution, that at one time protected all our rights from the tyranny of things like an Administrative State, might be political suicide in the short term.
This is not a demoract or republican thing, its a big goverment and FED fetish. Its been like this for a long time. Democrat or republican they are both cheeks of the same asshole. Trump only did what the guy before him did and he claimed American economy is great because of stock market is bigger, lol Moron. And he brought in current Jerome Powell, the biggest dove in history of FED who is there for only one reason.... to supply goverment with "free money" on demand. This shit show is in motion for a long, long time. Its a criminal ponzi scheme that is about to collapse. Because they are running out of smoke and mirrors after postponing the inevitable for decades.
Posted by JohnHoukAI Dystopia Moving from Sci-Fi to a WEF NWO: A Look at Stop World Control Documentary, ‘THE END OF HUMANITY - As Planned By The Global Leaders’ SUMMARY: An intro by Patricia Harrity followed ...
Posted by JohnHoukGlobalist Tyranny Videos Batch – Part TWO SUMMARY: The video list I’m sharing leans more toward Globalist Tyranny (which includes the American traitors – the Dem-Marxists) in this batch.
Posted by JohnHoukGlobalist Tyranny Videos Batch – Part ONE SUMMARY: I’ve spent the last few days looking at saved videos largely from Telegram Social Media.
Posted by JohnHoukWATCH OUT FOR AN AI TYRANNY & NSA Spying SUMMARY: I’ve witnessed too many dark-side leaps and bounds to give credence to AI-Tyranny naysayers.
Posted by Sensrhim4hizvewzCohencidence or PLANNED???
Posted by Sensrhim4hizvewz Hopefully, everyone catches it and everyone gets better
Posted by JohnHoukFBI Investigates Baltimore Bridge Collapse! Suggests NOT an Accident! SUMMARY: On 3/27/24 I shared a Lara Logan Tweet on her opinion of what caused the Francis Scott Key Bridge near Baltimore ship ...
Posted by JohnHoukPolitical Tyranny – Part Two Videos Showing the Political Tyranny of Factionalism & Globalist Entanglements SUMMARY: IN Part 1 I used President Washington’s 1796 Farewell Address as a ...
Posted by JohnHoukPolitical Tyranny – Part One President Washington Warned of the Insidious Outcome of Political Factions & Foreign Entanglements SUMMARY: George Washington – RIGHTLY SO – is called the Father...
Posted by JohnHoukFuellmich Political Persecution Encapsulates Globalist Lawfare SUMMARY: A few thoughts on Deep State Political Persecution of Trump & Supports.
Posted by JohnHoukLooking at Birx Not Fauci Managed Medical Tyranny Includes Personal Observations on Legit President Trump SUMMARY: Looking at a VNN examination of the short Documentary: “It Wasn't Fauci: How ...
Posted by FocusOn1Uh oh, i hate to say this, but israel was formed in 1948, 100 years after karl marx wrote his book. Was it formed as a atheist communist country?
Posted by MosheBenIssacWith woke fat ass acceptance, only applies to women (fat bitches). What used to be funny is now illegal. The video won a Grammy Award for Best Concept Music Video in 1988 [youtu.be]
Posted by JohnHoukRemember WHY You Are Resisting the Coup Summary: Well… It’s series of videos time again.
Posted by JohnHoukA Call for Intercession Over WHO Power Grab Treaty SUMMARY: A call for prayer on America’s leaders related to the National Sovereignty terminating Pandemic (better known as Plandemic) Treaty.
Posted by MosheBenIssacDisney COLLAPSES Billions Lost In MINUTES After Shareholders Troll Company Sticking With WOKE! [youtu.be]