America's debt crisis is coming - interest payments will hit a trillion dollars a year

submitted by dcjogger from (edition.cnn.com)

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[–]JasonCarswell 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

CNN hysteria.

And yet, there's reason to be concerned. CHICKEN & EGG. Which comes first? Manufactured hype for the crisis or the manipulating the system to have a crisis.

The crisis is coming! Worship the crisis!

[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn't work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.

https://truth-zone.net/forum/public-zone.html