According to Jerome Corsi, we as a nation are broke. Hard to believe isn't it? I'm not sure I believe it, or perhaps maybe I don't want to believe it? Well here is the link: www.redalert.wnd.com/index.php
Many times I plan to do a post, but something else always presses on my mind. It can also be found at:
www.wnd.com/index.php?fa=PAGE.view&pageId=113366
It would seem unbelievable could be or is broke, but here is a thing or two from history: When a nation goes bankrupt it goes down slowly. The reason for that is that such nations that usually go bankrupt are generally inefficient with an over sized bureaucracy. According to past history before a nation falls it is overspent, has an over active millitary, with a great or growing chasm between rich and poor. Before a nation sinks, it's moral quality is less than Biblical. Perhaps before I go on I should refer to Gibbons classic work "The Decline and Fall of The Roman Empire". His work will state similiar features that I have listed that proceeds the fall of a nation. Depressing isn't it? Pray that I am wrong, but there are signs that say I'm not. Like the Fed monetizing the debt. In other words printing paper money to appease a real debt. Usually the such an action only works for a llittle while and then things get worse. Well if this bankruptcy is true then it will take a couple of years to feel it's effect. Am I an expert? No! My advice is get out of debt and get as many tangible assests as possible. Better safe than sorry.
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