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U.S. Economy Is Going To Collapse... It Is Unavoidable... Its A Mathematical Certainty...Here's Why

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Lorimer Wilson / Munknee.com

The level of debt has surpassed the possibilities of being serviced. Mathematically, the debt problem cannot be solved, regardless of economic policies. That, unfortunately, is written. For it to be serviceable would be to violate the laws of mathematics and that cannot happen. [As such, America is quickly approaching a catastrophic economic collapse. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is. This article is an attempt to do just that.]

So says Monty Pelerin (www.economicnoise.com) in edited excerpts from his original article*.

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.

Pelerin goes on to say, in part:

Electing Mitt Romney and Paul Ryan, no matter how determined they might be to fix matters, will not alter the fact that the US economy is going to collapse. It is written! Their election may buy some time and may even lessen some of the pain of a collapse, but that is all. Neither they nor anyone else can rewrite the inexorable laws of arithmetic. That is written!

Regardless of how good Romney and Ryan may be, they cannot avoid the painful ending, one where the pain will be worse than the 1930s Depression. CrisisHQ.com says it clearly and bluntly:

America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts … The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is.

The article written by CrisisHQ is one of the best explanations of why the ending “is written.” It lays out in detail the magnitude of the problem(s) and why it cannot be solved. Everyone should read this article and prepare.

*http://www.economicnoise.com (http://s.tt/1l3l5) (To access the above article please copy the URL and paste it into your browser.)

Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.



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    Total 19 comments
    • Red Mann

      The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released by the U.S. Treasury.
      In May, the U.S. Treasury had owed $5.2581 trillion to foreign entities. On net, in June, the U.S. government borrowed an additional $34.2 billion from foreign entities in order to fund U.S. government operations.
      The U.S. government’s indebtedness to foreign interests has grown by 72.3 percent during President Barack Obama’s term in office. In January 2009, when Obama was inaugurated, the U.S. government owed $3.0717 trillion to foreign entities, according to the Treasury Department. That has increased by $2.2206 trillion—or 72.3 percent—to the record $5.2923 trillion.
      Entities in the People’s Republic of China remain the largest holders of U.S. government debt. Entities in Japan, however, are on track to eclipse the Chinese as the top holders of U.S. government debt.

      The only reason I can possibly imagine China having bought this much US debt would be that if Chinese leadership got particularly annoyed with US foreign policy at some point in the future, it could simply dump the debt on to financial markets all at once, as a form of asymmetric warfare.
      Both China and Japan have to understand that this debt cannot be paid back, ever. The American people are, in large part, broke, and the US government is also broke.

      SURE IT CAN BE PAID BACK! WITH “HARD u.s. of TERROR LOCATED ASSETS, LIKE “LAND”!!!!!!!!!!!!!!!!! LIKE “FRESH-WATER RIGHTS”, MINERAL RIGHTS TO EXTRACT us raw materials as need be TO PAY BACK THE DEBT!

      THE REPORTED U.N. TROOPS ARE HERE IN THE u.s. of TERROR TO COLLECT THE DEBT THAT YOUR ELECTED FEDERAL LEADERS HAVE SOLD THEM!
      INTRODUCING…………………..THE BRICS!

      RUSSIA, IRAN, CHINA, INDIA, BRAZIL, SOUTH AFRICA as well as PAKISTAN, VENEZUELA, CUBA, AND MANY MORE (35 OF “THEM UN SOLDIERS” COUNTRIES ALL TOGETHER)

      AND, THEY ARE NOT GOING TO TAKE “DOLLARS” ANY MORE!

      CAUSE THEY KNOW YOUR MONEY IS A FRAUD, TOO!

      THEY, YOUR u.S. of TERROR FEDERAL GOV, AS THEIR LAST ACT, ARE LETTING THIS UN ACTION HAPPEN SO YOU ALL DO NOT GET NUKED FOR THE DU POISON CRIME!

      YES, YOU ARE BEING INVADED!

      BRICS IS COMING TO “COLLECT” ON THE DEBT YOUR EVIL FEDERAL GOV. SOLD TO THEM!!!

      IN YOUR NAME!!!!!!!

      • Sasquatch

        HEY!!! RED MANN!!! SMOKE MY FARTS!!!!!!!!!

    • Reality

      Thick Black Theory

    • Wonkadelica

      There is an estimated $600 trillion in unregulated, opaque derivatives.

      Alan Greenspan was an Ayn Rand Republican. The big lie of Free Trade destroyed the middle class by forcing them to compete with communist slavery, while enriching the 1% by extracting American prosperity only for themselves. You want tyranny? Elect Robme.

      http://UpwithChrisHayes.msnbc.com/_news/2012/08/19/13361928-video-paul-ryan-defended-stimulus-in-2002-when-george-w-bush-wanted-it

    • Buckworth Jackson

      The elites are not concerned as they know we have a drawf star enroute to our solar system. Please, read up on Nibiru/ aka: Wormwood.

    • Anonymous

      I don’t owe BRIC a penny, just let them try and collect. One US submarine carries enough death for all the aforementioned countries, I seriously doubt anyone is about to force payment.

      • Anonymous

        Ah the “usual American way” of dealing with problems – the “we’ve got the biggest stick so we’ll do as we please”.

        You launch, the WORLD retaliates. Goodbye and good riddance.

    • Schnook

      Romney has no interest in leveling with the public about how the system is doomed to failure that he himself has been manipulating for almost his entire adult life (the fiat dollar system) to make himself fabulously wealthy.

      If you vote for either the Republican or Democrat, the results will be the same…….full speed ahead into a brick wall…..

    • Anonymous

      GOOD!!!! BRING IT ON….. lets get off this roller coaster and get back to basics and never let those who did this ever control anything again. No New World Order under any circumstances as they proved their incompetency to the hilt. Now its time for humanity to get back to basics and rebuild and this time, leave the psycho insane inbreeders out of it. If they try to prevent us from feeding ourselves, to obtain healthy fresh water, and to breath clean air, then war is the only solution and believe me, its a life and death war. Better to die fighting than on your knees as a GMO SLOW DYING PRODUCTIVE SLAVE UNTIL YOUR 40′S WHEN THE GMO SEEDS EMBEDDED IN YOUR STOMACH FINALLY KILL YOU SO THE STATE WON’T HAVE TO SUPPORT YOU. Oh, yes, BRING IT ON….. I CAN HARDLY WAIT….. THE SECOND SHOT HEARD ROUND THE WORLD.

    • Anonymous

      Lets rock!

    • Rico Millan

      I hope you’re right so we can start the rebuilding process already.

      • Anonymous

        Well, we have begun doing some of it already. I barter now with my storage unit owner and have talked with other small businesses who have committed to bartering/trade either items or labor for product. I hope we have learned a lot of lessons through all of this and how they keep coming back and back and back, until they succeed….. so we have to teach our children when we home school them instead of doing it through their controlled fed system where parents have no say over anything to do with their children.

        Just think about it….. no bogus diseases used to justify the school drugging our children…. thus no throwing parents into jail for resisting the drugging of our children. what a glorious day that will be. Like I said, I CAN HARDLY WAIT. I am glad they made us broke before they crashed the system. It taught me that I can live without them. What a great discovery that was. All it takes is creativity, ingenuity, a deep desire to be free, and love for our children and families.

      • Fake-it

        NOPE!
        There will be no rebuilding this time.
        We are going down and we’ll stay down!

    • Anonymous

      Sorry, I misspoke, its not the seeds that are embedded in your stomach, its the “Pesticide “Ready Round up Marker” that is contained in the actual plant that you consume, that is embedded in your stomach, so its the gift that just keeps on giving and giving until you die. Just part of the nuremberg protocols making it a crime against humanity to practice Eugenics and that is what this is.

    • Wake up!

      I wish most people would wake up, but the more you speak to people in this country the more you realize their brain dead, and are happy being ignorant.
      They seriously think ignorance is bliss.
      Sad!

    • castlerubric

      It’s all getting a little old isn’t it?

      Time to push away from the computer and go enjoy the outside

    • Kolta

      THE SKYS FALLING, THE SKYS FALLING. Ah, there ain’t no debt cuz the money is FAKE. What we have here is a global PONZE SCHEME. Ask Jacob Rothschild, as he sits on his trillions in Gold, Oil and Drugs (The Khazar G.O.D.)

    • Mike G

      This is my first post and I would say that the fractional banking system has led us into a demise for the people and riches for the banksters.

    • mikestoneadfjgs

      WHY DOES EVERYBODY FREAK OUT ABOUT THE DEBT!!!!!

      We dont pay the debt down, we grow out of it. Example:

      After WWII our debt was 120% of our Gross Domestic Product (GDP). To compare, our current debt is about 105% of our GDP. We never paid it off!! We still owe that money today. What we did was we started manufacturing and raised taxes. Within 15 years our debt was 60% of our GDP. That is exactly what will happen with our current economic situation.

      But there is a problem. What neither candidates are talking about is the massive European Debt Crisis. Many experts have said if these issues aren’t resolved that we could easily be looking at a global recession. Massive widespread poverty and unemployment throughout every nation in the world.

      And just for laughs I thought that I would point out how Mitt Romney’s economic plans have been condemned by every respected economist in the nation. I mean, there is time and a place to vote Republican, but during the worst economic crisis since the depression, we need a economically correct party in the white house.

      We gave you guys 8 years to screw it up, now let us fix it again and you can have it back in a decade or two :D

      Cheers

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