United States

We Are Dangerously Close To “The Tipping Point”

9 days ago   |   By The Economic Collapse

Every dollar that the federal government borrows and spends puts us even closer to a day of reckoning. Many Americans seem to think that we can endlessly spend trillions upon trillions of dollars without ever suffering any consequences. If that was true, why hasn't any other society in all of human history ever been able to do such a thing? Unfortunately, the truth is that the United States is not immune to the laws of economics. Wildly creating money and driving up our national debt to absurd heights is inevitably going to crush our economic system. And at this point, our debt-to-GDP...
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