‘‘ Yes, you read that right. The U.S. national debt is over $22 TRILLION. |
It’s so bad that if every U.S. citizen were to try to help and pay that off, every single one of us would owe $64,560. That includes our children. |
On top of that add an economy so artificially inflated it’s in danger of collapsing under its own weight, record-setting volatility in overseas markets, a growing number of terrorist threats, and perhaps the biggest menace of all, China trying to take our spot as the world's leading currency. This all adds up to a situation far worse than 2000 & 2008 combined. The retirement accounts of regular working class Americans like you and me are in serious trouble. Millions of Americans lost more than 50% of their retirement account almost overnight in 2008. ’’ Please allow me here to extrapolate about an eventual collapse of the US $. Let us imagine that it happens at a time when there is a reserve of millions of dollars sitting in a bank account, waiting to buy a building for the Magisterial Foundation in York. What could be the consequences upon the Missions ? Can such a situation be foreseen or averted ? Domtia |