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[Deleted member 1348]

The US budget is about 6.5 trillion. In a year the interest alone, just the interest on that debt will be over a trillion and it will be the biggest component of the US budget.

An analogy would be the interest alone on your credit cards, car, mortgage, just the interest is higher than your rent or mortgage payment, car note, etc.

Israel and certain groups in America have been trying to get us into a war with Iran. That happens, stick a fork in the economy. We'll likely implode the economy in America.

My guess is if that happens, at the same time reparations has become a major issue, the government will use being broke as a reason it can't pay it to the FBAs. Just my guess on how they think.

 

[Deleted member 1348]

US budget. Gold prices have gone to record levels. Its about $2,300. Silver is approaching $30 and hasn't seen that since the 80s. Biden is printing monopoly money to keep up.

The US is also on the verge of no longer being the world's reserve currency. We hear that a lot. Right now (due to an agreement between US and Saudi Arabia back in '71), oil can only be bought in dollars. So if you are Japan you have to change your yen to dollars, and so forth. It's the global medium of exchange but with the dollar looking like its not going to be worth much, countries are vying to stop that. Specifically China and Russia who are part of the BRICS countries (Brazil, Russia, India, China, South Africa).