Russia's economy, after some painful adjustment in 1987-1993 period, is recovering and growing. What's not been growing much is the tax burden. Their national debt stands at 30 percent of gross domestic product. That's not quite as nice a figure as Wilson inherited from Teddy Roosevelt, but it gives Mr Putin and the State Duma some choices.
The US economy depends entirely on financing other nations' debts to pay the part of our own national debt that we back with our full faith and credit, about $30 trillion. Another $110 trillion is also owed to the Social Security and Medicare Trust Funds, but they have no legal standing to sue for return of the borrowed money. This means that medical services will continue to decline in quality because there is no money left to pay for them after about 2035. (Curiously the
WEF's Great Reset was scheduled for 2030). So the great moral quandary facing the US is that our own governing class has, since the death of JFK, consistently lied about our true financial condition, borrowing from Social Security and Medicare to conceal the true size of the daily deficit.
God will prevail
Amen! Indeed! His Will be done! 🙏 🙌
Amen to that
Amen!
Amen! 🙏
Let us ALL Pray!!!
Pray for the Israel people and cooler heads prevail.
Find a survival zone ...The shit is going to hit the fan ...RR
Russia's economy, after some painful adjustment in 1987-1993 period, is recovering and growing. What's not been growing much is the tax burden. Their national debt stands at 30 percent of gross domestic product. That's not quite as nice a figure as Wilson inherited from Teddy Roosevelt, but it gives Mr Putin and the State Duma some choices.
The US economy depends entirely on financing other nations' debts to pay the part of our own national debt that we back with our full faith and credit, about $30 trillion. Another $110 trillion is also owed to the Social Security and Medicare Trust Funds, but they have no legal standing to sue for return of the borrowed money. This means that medical services will continue to decline in quality because there is no money left to pay for them after about 2035. (Curiously the
WEF's Great Reset was scheduled for 2030). So the great moral quandary facing the US is that our own governing class has, since the death of JFK, consistently lied about our true financial condition, borrowing from Social Security and Medicare to conceal the true size of the daily deficit.