ON THE MARCH TO FAILURE – Sometimes a civilization seems determined to failure. An empire just cannot get out of it’s own way. Rome fell from weakness within. The Barbarian hordes just finished them off. The British Empire overextended and overspent – came out of WWII victorious and quickly collapsed. American seems to want to combine the tow methods in its’ own demise. We’ve given away our weapons and ammunition in Afghanistan and Ukraine. We’ve financed our enemies in Iran and Hamas (Gaza). We’ve chased away a large portion of our military with mandatory Covid shots that caused an explosion in myocarditis, cancers and other health problems. We’ve opened our borders to those who want to destroy us. Obama hired Cecilia Munoz to co-chair the White House Task Force on New Americans. Its’ purpose was to set up a “borderless one world system” – and to do so in such a way that it would be seated in bureaucratic Washington, resistant to its’ removal by a future president. In that it succeeded. So now add this. A growing consensus of analysts believe are spending ourselves into financial collapse.[i]
“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…. The government collects $2.6 trillion of individual taxes ….Meanwhile they still operate at an annual deficit of $2 trillion.” Soon all the taxes collected will not be able to cover the interest on the debt. It is becoming increasingly evident that no one wants our debt, our T-Bills anymore. That will mean a quick trip to Third World status for the USA. It is foreigners buying our debt that has financed the Great American Middle Class Lifestyle. Remember, we don’t really make much of anything in this country anymore. Foreign countries, in particular China and India, are not only not buying any new US Treasuries, but unloading the Treasuries they already have. With the BRICS purposefully moving away from the USD for their trade, it’s only a matter of time until our mountain of debt crashes down in an epic avalanche upon the unsuspecting American public.” [Pakistan just announced it wants in the BRICS club.] Washington’s reaction: “ Biden and his handlers are attempting to provoke wars across the globe against those countries who they realize are engineering the demise of the USD as the basis for world domination and control.
[i] Leo Hohmann, A Thanksgiving Manifesto, November 21, 2023
Leave a Reply