Gradually...Then Suddenly

 If you are watching for more conditions to add to the perfect storm building for America that will affect the whole world, notice that we are near a financial bankruptcy event.  If this happens while gasoline is at $6 gallon and food shelves are empty you really will have the perfect storm.  Of course we all know that America needs to vanish in order for the New World Order of globalism to enter.  And we also know that the US dollar needs to vanish to bring in a global currency.  So these coming events shouldn’t surprise us who know we are living in the very Last Days.  So we continue to “turn our eyes upon Jesus”.

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As we rush towards our World War 3 rendezvous with destiny, aided and abetted by politicians placed in power by globalist billionaires hellbent on the destruction of our way of life, so they own everything and you own nothing, I can’t help but ponder who is to blame and could we have avoided this dystopian outcome.

The United States has been going bankrupt gradually for the last fifty years, both financially, intellectually, and morally. Nixon closing the gold window in 1971 and opening the debt door to morally bankrupt bankers and politicians set in motion a downward spiral accelerating at hyper-speed as we speak. The American Empire was born in the shattered global debris of World War II with the Bretton Woods agreement, which left the USD as the dominant currency in world trade, specifically as the settlement currency for all oil transactions.

The empire has been sustained by currency supremacy, military might, and until 1980, manufacturing superiority. Once the most highly educated nation on the planet, decades of lowering the bar, less than mediocre union teachers, and replacing education with indoctrination, has created generations of ignorant zombies incapable and uninterested in critical thought.

The road to bankruptcy was very gradual at the outset of empire, with the national debt topping out at $269 billion, 119% of GDP, in 1946. In 1960 it had only grown to $286 billion but had dropped to 54% of GDP. Rebuilding the world and being the dominant economic power paid huge dividends. After a decade of guns, butter and welfare programs, the debt grew to $398 billion, but continued to drop as a percentage of GDP to 35% in 1971. After decoupling from gold, the national debt soared to $908 billion by 1980, inflation surged to 15%, and Volcker had to raise interest rates to 20% to avert disaster. What happened over the next forty years was mind boggling in its recklessness, shortsightedness, and acquiescence to the Wall Street cabal. These decade-by-decade increases were obscene:

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  1980               $908B            32% of GDP

• 1990               $3.2T              54% of GDP

• 2000               $5.7T              52% of GDP

• 2010               $13.6T            90% of GDP

• 2020               $27.8T            129% of GDP

• Today             $30.3T            130% of GDP

  
  

  There is no conceivable way this debt can ever be repaid, therefore it will not. It’s just pure math, which the average dumbed down American chooses not to question or dispute. In their own lives they need to make enough income to make their mortgage payment and car loan payment. It’s the same for the government. The only way debt obligations can be met is for tax revenue to exceed expenses. Borrowing to make debt and interest payments is unsustainable, reckless, and an example of imperial empire arrogance. The only unknown now is whether the debt is defaulted upon, it is hyperinflated away, or some sort of debt jubilee and currency collapse makes it mute.

  
  

https://www.zerohedge.com/geopolitical/gradually-then-suddenly