June 09th, 2022

​Where do we go from here USA?

6-5-22, Kim Dotcom* --  The future isn’t what we’re hoping for. It's worse than most can imagine. The United States has not had a surplus or balanced budget since 2001 [GW Bush was President, Republican, took over from Democrat Bill Clinton who had a good relationship with Speaker of the House, Newt Gingrich, Republican]. In the last 50 years the US only had 4 years of profit. In fact all the profit the US had would not be enough to pay for 6 months of the current yearly deficit. So how does the US pay for things? Govt can only raise the money it needs by printing it. That causes inflation; it’s like taxing you extra because you pay more for the things you need and all your assets decline in value.
The reason why the US has succeeded in doing this for so long is because US dollar is the world’s “reserve currency.” Nations everywhere hold USD as a secure asset. So when the US Govt prints trillions it's robbing Americans and the entire world; it’s the biggest theft in history; following is the reality:

• Total US debt is at $90 trillion.
• US unfunded liabilities are at $169 trillion.
• Combined that’s $778,000 per US citizen or $2,067,000 per US tax payer
• The total value of ALL companies listed on the US stock market is $53 trillion. The real value is much lower because the US has been printing trillions to provide interest free loans to investment banks to pump up the stock market. Most of the $53 trillion is air.

The value of all US assets combined, every piece of land, real estate, all savings, all companies, everything that all citizens, businesses, entities and the state own is worth $193 trillion. [also full of air just like the US stock market] Let’s do the math:

•  US total debt $90 trillion
•  US unfunded liabilities $169 trillion
•  Total Debt: $259 trillion
•  Minus all US assets: $193 trillion
•  Balance: < - $66 trillion >

Even after all assets in the USA have been sold off there remains $66 trillion of debt and liabilities. So even if the US could sell all assets at the current value [which is impossible] it would still be broke. The US is beyond bankrupt – she’s already dead and now a zombie.
Why hasn’t everything yet collapsed? It’s all perception, denial and dependency:

• The perception is that the US has the largest economy and the strongest military in the world; but in reality the US is broke and can’t afford its army.
• The denial is that all nations depend on a strong USD or global markets collapse.
• The world depends on the USA perception of wealth. 

​The US zombie keeps going because the end of the US is the end of western prosperity and an admission that the current system failed as a model for the world. It doesn’t change the reality; the collapse is inevitable and coming.

What are our leaders planning?
Have you heard about the 'great reset' or the 'new world order?' Is it a controlled demolition of the global markets, economies and the world as we know it? A shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics or facade of democracy? Without a controlled demolition the world will collapse for all, including the elites. The world has changed so much and nothing seems to make sense anymore, the blatant corruption is out in the open [like the fake pandemic and hoax of 2020 election], the obvious propaganda media and the erosion of our rights.
What’s the end game?
Many have made suggestions to end the national debt, however they all involve punishing the tax payer or the retired who paid into their Social Security [1]; few said – STOP SPENDING or selling off assets! -- Annette
 
[1] https://www.investopedia.com/financial-edge/0611/june-20-5-ways-the-u.s.-can-get-out-of-debt.aspx
*Excerpted full original report here: https://threadreaderapp.com/thread/1533524778610348032.html

The USA was prosperous when there were responsible God fearing people in charge even up to 2001. They are called the “Greatest Generation” – their characteristics:

• Personal Responsibility: They had a high standard of personal responsibility, even as children
• Humility: They were modest and humble
• Work Ethic: Hard work enabled survival during both the depression and the war. Many jobs at the time were physically demanding, with long hours.
• Frugality: Saving every penny and every scrap helped families survive through times of shortage. “Use it up, fix it up, make it do, or do without” was a motto of their time.
• There was no Welfare handouts - they would have been embarrassed to even ask
• Commitment: One job and one man/woman marriage often lasted an entire lifetime.
• Integrity & Morality: People valued honesty, trustworthiness and a healthy reverence for almighty God and they relied on one another.
• There were strict immigration policies in place: migrants were screened - they had to have sponsors, jobs, good health and intentions!