Something
amazing and … scary
Only the truth will set us free!
America has been living on borrowed time
and money for a few decades now. In the last decade things have really taken a
grand scale. Below you can see the main bubbles getting to unsustainable levels.
This is the sort of thing that used to happen in developing nations, the banana
republics, the Brazils and Argentinas, or the Greeces of the world. Can you imagine
when the following bubbles burst at the same time? Our nation has never experienced anything like
what is about to happen in the next few years. This is coming from the positive
7 nugget man. This is no new news for those of you that understand basic
economics.
1. Healthcare
Costs. $3.1 trillion per year. Our
unhealthy habits are already costing $9,700 per person per year. Are you
spending that much? No wonder Obama care made it unlawful not to have health insurance.
Everyone now has to pay no matter if you are healthy or not. Sounds like
socialism to you? The funny thing is that the more the country spends the unhealthier
the people get. Leave it to the
government and it will be done in a grand scale!
2. Government
Debt. 18 trillion and growing!
$18,167,409,937,221; now that is a very big number; $56,378 per person. It took 205 years to get to one trillion in
debt by 1981. The last trillion of debt was added in days not in years. Since
2008 $5.5 trillion of fiat money has been injected into the economy. All the
new fiat money was added as debt to those who work to service their debt. The
government debt of $18 trillion does not include other government liabilities (things
like social security and healthcare). The total government debt rises to over
$130 trillion when we include these long term liabilities. Who is going to pay
for it? The dwindling working/producing souls. Does it resemble to Roman
Empire? Leave it to the government and it will be done on a grand scale! Talk
about voluntary slavery?
3. Consumer
Debt – Mortgages. $8.2
trillion. This is $157,000 per household. The little equity in our homes will likely
disappear during the next housing downturn. Fractional reserve banking is the
greatest scheme ever created where banks can increase by 10 fold the money they
can loan out. Loaning out fake money and collecting real money? Can it be
legal? Only if the government does it. Leave it to the big banks along with government
and they will siphon our money without us even realizing it. Talk about
voluntary slavery?
4.
Consumer Debt – Student Loans. $1.2 trillion. The average balance per student is
$37,000. Can you imagine leaving college
with a debt burden and not be able to find a job in the field of study or any
field for that matter? Do you still think
it is a good idea to borrow money and to go to college to get a degree for which
there are no jobs? Talk about voluntary slavery?
5.
Consumer Debt – Auto Loans. $1.0 trillion. Can you imagine financing a new car for
84 months? Many new car loans are upside down; the value of the car is lower
than the loan balance. Talk about voluntary slavery?
6.
Consumer Debt – Credit Cards. $0.7 trillion. Imagine paying $9 billion a month on
interest to service this debt. Talk about voluntary slavery?
7.
The Financial Matrix – voluntary slavery. How come all the above happened under our watch. Our nation
and the majority of our people are trapped in this debt spiral, a debt growing
in exponential proportions. Get educated. Learn the defense, offense, and the
principles of financial fitness so you can get out of the Financial Matrix and
help others do the same. We will survive the global meltdown that is certain to
come. Let’s see if we can learn lasting lessons this time! An uneducated public
is easy to be conquered, controlled, and enslaved. An educated nation can never
be conquered.
Thank
you for reading and reflecting on today’s nuggets. Share them with others.
Be blessed and be a
blessing to others
Carlos Fontana
Author of the book Priceless, Co-author of the
book Follow to Lead
"The future
belongs to those who can see and pursue opportunities before they are
obvious."
"Those that take
swift action will always leave those that don't breathing the dust."
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