America is Greece… On Steroids!

- There is no intention on the part of the Illuminist banksters and their politician puppets to solve the debt problem. The whole purpose is to build it into an insurmountable ginormous debt mountain and then collapse it. The snakes want a global currency crisis. They want to destroy all fiat currencies to lay the foundation for their One World Currency and Global Supra-National Central Bank –> ‘666’! It is a plan fraught with risks. It is a full frontal assault on all humanity. It is wars without end to get what they want. It is about preparing the way for the coming of their Satanic capstone (look: on your dollar bill), their fake messiah, the Son of Satan: the Anti-Christ. The culmination of their thousand-year old plan: the Luciferian New World Order.
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America is Greece… On Steroids!
by Bob Bauman (June 19, 2012)
Take a moment to consider this number: $16,084,425,792,391
At the last count, this is the level of the U.S. national debt. And if that number scares you… it should. The fiscal and debt situation of the United States today is nothing less than Greece on steroids – with an added dose of political hallucinogens inducing insane denial.
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It’s the same insanity that sent international markets up this week on the news that a paltry 30% of Greek voters supported a political party that advocates the country paying its bills and living within its means. But let’s put this news in its horrific perspective:
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In spite of the fact the Greek election results have allayed fears of the country’s imminent exit from the euro zone, swathes of political analysts still believe the move is a mere momentary respite, and that the European Union dream could yet turn to nightmare.
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With Spain, Italy and probably France, on the brink of disaster, Greece must now be kept on life support because of the very real threat of economic contagion and perhaps even the demise of the euro and the European Union itself.
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Yet, in 2009, Greece’s economy was just 0.40% of world total GDP, and in 2015 the Greek GDP is forecast to be 0.41% of the world total. If that is the potential impact of an economic crash in a country whose economic output is less than 1% of the rest of the world, what do you suppose will follow the economic disintegration of the U.S. government, whose economy dwarfs Greece?
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The U.S. economy is the world’s largest, with a 2011 GDP of $15.1 trillion – that’s 22% of global GDP. While Greece is likely to survive through bailouts from other nations, the money involved is trifling compared to what the U.S. would require.
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Stop for a moment and think about the true dimensions of the deep economic and financial hole into which politicians of both parties have dragged the United States.
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As of today, the U.S. government’s national debt is approaching $16 trillion devalued dollars (a number that is 104% of U.S. GDP and yet excludes trillions in unfunded future entitlements).
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The true U.S. national debt as a percentage of GDP is, in fact, nearly 130%. The government adds $4 billion per day to that debt while GDP is stagnating with growth at little better than 2%. Economists Kenneth Rogoff and Carmen Reinhart, after analyzing over 200 years of data from around the world, have concluded that once debt reaches 90% of GDP, a tipping point is reached. Crisis and collapse will ensue.
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