When The Government Says “Don’t Worry”,Then It’s Time To Panic…
As you already know, in 2008 we experienced one of the greatest financial meltdowns in modern history.
Markets around the world crashed. Stock prices dropped. Once “invincible” financial institutions started showing signs of collapse.
Then Governments “came to the rescue”, handing out massive bailouts and stimulus packages to keep the world economy afloat.
We’ve been told these drastic measures prevented a total collapse of our system...
But all it did was show the cracks in the system. Many lost faith in the financial system and the U.S Government.
And now it’s possible things could get worse.
Because we’re nearly $31 TRILLION in debt, and if that bubble pops?
Your money could go to zero. Here’s how:
Once investors who are buying Treasury securities (which finance the U.S. government’s debt) start to think the United States is in over its head, they may demand higher interest rates to cover the growing risk of buying Treasuries. This could trigger a further debt spiral, leaving Washington short of money.
In other words? Boom.
Because once our debt collectors come knocking on our door, we’re screwed. $31 trillion in debt would be owed…
Which means every legal citizen would owe more than $91,806.
