For the first time in its history, the US federal government has more than $20 trillion in outstanding debt.
The milestone was technically hit Friday, with the Treasury Department settling its accounts at the end of the day with $20,162,176,797,904 of debt outstanding.
And this is before Obamacare fully collapses and absolutely has to be rescued, before the infrastructure bill which is starting at $1 trillion billons under the pork it will be laden with, and the crisis that Medicare and Social Security are still heading toward.
I will concede, the Donald does periodically make me just a little worried. He is incredibly intelligent, and his superhuman nature and abilities in the field of business are beyond measure. If he stalled the arrival of the return of K, there is no telling how ridiculous the increasing insanity we would have to deal with would be.
But even he cannot stop our advance toward the Apocalypse. This has transcended a mere issue of numbers and figures that mortal men can affect. This is a force of nature, a pendulum swinging, a cosmic overabundance of Yin that must turn into Yang. r always turns into K because if it does not, the resolve and functionality of the human machine will continue to erode until it has to. This is our biological destiny.
Even as Donald has struggled, the forces aligned against him are beyond anything he can affect. Corrupt politicians, government bureaucracy, the deep state, and most of all a populace with a large enough cohort of resource addicted people who cannot plan for future eventualities, are all working to bring this ship down.
Now it is all a matter of timing and extent. The collapse is assured, we are just talking scales of horrific.
And strangest of all, that is a good thing.
Tell everyone about r/K Theory, because there is no stopping it now
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LOL, and I was debating some idiot yesterday that says my “opinion” (I was presenting facts and implications of said facts) on the existence (what? the idiot didn’t even knew what was being debated) and impact of the Sovereign Debt Crisis was textbook paranoid schizophrenia… LOL. Intellectually dishonest cowards will say all kinds of shit so they can keep lying to themselves that the Apocalypse is not near, and that it’s arrival is only a question of when, not if.
Sharing a good resource for starting your prepping journey, for those who have not began yet: http://www.shtfschool.com
Have a great day everyone!
Sooner or later, bond prices will begin to fall in a bear market and rising rates will cause 1) Interest on the National Mastercard to subsume all tax receipts and 2) additional borrowing to be choked off, ending this 36+ year episode of monetary madness. Everything then will change.
“But even he cannot stop our advance toward the Apocalypse.”
Wisdom and truth. Jesus Christ, son of God, have mercy on me, the sinner.