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David Stockman-Everything Will Grind to a Halt in 2017

Sunday, February 26, 2017 8:28
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(Before It's News)

Greg HunterPublished on Feb 25, 2017

Former White House Budget Director David Stockman drops a bomb in his latest interview by saying, “I think what people are missing is this date, March 15th 2017. That’s the day that this debt ceiling holiday that Obama and Boehner put together right before the last election in October of 2015. That holiday expires. The debt ceiling will freeze in at $20 trillion. It will then be law. It will be a hard stop. The Treasury will have roughly $200 billion in cash. We are burning cash at a $75 billion a month rate. By summer, they will be out of cash. Then we will be in the mother of all debt ceiling crises. Everything will grind to a halt. I think we will have a government shutdown. There will not be Obama Care repeal and replace. There will be no tax cut. There will be no infrastructure stimulus. There will be just one giant fiscal bloodbath over a debt ceiling that has to be increased and no one wants to vote for.”

Stockman also predicts very positive price moves for gold and silver as a result of the coming budget calamity.

The post David Stockman-Everything Will Grind to a Halt in 2017 appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/02/26/david-stockman-everything-will-grind-to-a-halt-in-2017/

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  • tattiio

    What these Commi liberals seem to not understand is, Donald Trump has never stated he intended to roll out his changes via more spending. He will cut, cut, cut, until we have a balance and not a budget short fall. Last month he already cut 15 billion in government t spending for this year. That is a drop in the bucket, he is not even trying. If you eliminate DHS, Most of the EPA, Burea of Education, and many of the duplicate departments Obama refused to eliminate, you can cut as much as 500 billion in several months. Next he is planning on stopping funding to foreign governments and the UN. Obama was so stupid that he took a loan through bonds to give multiple countries money. Why could those countries not take their own loans out. Truth be told, anyone whom actually tries could cut 1 trillion out of the budget fails easily. We have to scale back the government. Government jobs do not help the economy, they hurt it. Only jobs which produce product(s) help the economy. If we cannot sell the service to Americans and other countries it is a burden on the country. I often wonder if those individuals on the news and in politics have any formal education in economics or business. They say a great deal of increadly stupid.

  • patann

    Just This Out Break Of Mortuary

    -Hark a voice, “Kill all parents by, I pause here as I don’t remember clearly the date, 2015 is past, we’re in 09/21 of 2016, with something in the form of an E.L.E. US soil, by Oct. 2017, this way coming, (we can only assume the target here is corrupt parents, Popes, Presidents, Politicians, pastors, preachers, projects and again parents, influencing their evil ways upon their offspring threatening for generations to come, alike abominations, children obey your parents, (overseers), “IN THE LORD).”

    Don’t Be Deceived, Brexit, Hillexit, Truexit, ESCAPE! Come Is The Synchronization Of Israel http://www.thesevenvials2016.blogspot.com

    -”I’m sorry Eve but how am I supposed to be? As one removing the used teabag into the trash, putting away and tidying back up. “The deadliest times this nation and this world has ever seen is speeding all of us toward it’s well prophesied finale. This year now of 2017, with the churches motto being better things in 2017, as in what, better, more magnificent horrors than ever before? I know, I know it’s really catchy, but just another form of normalcy bias don’t you think? Hey, hey, calm down, pleaseeee,” as one taking husband Sioux Noel hand, leading him, hot cup and all into the sitting room. Justly along a seat to her, Pediatric, Surgeon, Specialist, wife, Adam, Eve Lynn. A stunning help meet to him now in ways most miraculous carrying their soon to be, first child, son, Eagle Canyon Mountain. “Sweet heart, you act as though they don’t know, that you, even the Juttah Tribe didn’t tell them, that Sia Maaaseiah haven’t been telling them forever. Even about the appearance of the Angel Gabriel telling them the same thing, and his mentioning the seventh angel that you say is just pure genius. Oh, believe me, there will be better things in 2017, but only Sioux if you’re the church Bride, end time fulfillment is fastening upon its rapture. Maaseiah has seen her reigning in heaven and far beyond that. Plus I have this dream, this weird to fascinating dream I must tell you about; for in the last days Holy Spirit will pour out of Himself upon all flesh, right? So in the dream, 02/24/2017, see. read more here, http://americathewall.blogspot.com/2017/02/im-sorry-how-am-i-supposed-to-be.html, Apb, The RAM

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