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We Owe $220 Trillion - How Long Can The Fantasy Continue?

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King World News

With the ongoing US government shutdown, today 40-year veteran, Robert Fitzwilson, states that we owe “$220 trillion,” and asks the all important question, how long can the “fantasy” continue.  He now believes we are getting very close to kissing the fantasy goodbye.  Fitzwilson, who is founder of The Portola Group, put together another tremendous piece below for KWN readers around the world.

By Robert Fitzwilson of The Portola Group

October 6 (King World News) – “We Owe $220 Trillion, How Long Can The Fantasy Continue?”

The conflict in Washington, D.C. Is not about politics.  It is about mathematics.  We have finally come to the end of the road of over-promising and under-delivering.  While not unique to the United States, it is particularly problematic given the dollar’s reserve currency status….

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    Total 3 comments
    • Esther

      Get the money from the NASA contractors that built the “space program” as shown on LynLeahz story. That money should put a HUGE dent in the deficit!

    • patriotwolf

      What about the 17 trillion guess that was another lie :mad:

    • CrowPie

      I read this article at a much earlier time this morning. Hours ago. The article has since been modified.

      Also, me earlier comment has been removed/or was never posted at all.

      My previous comment reminded readers that two years ago, republicans pushed for and voted to dismantle Social Security. Since that effort was unsuccessful. A default would be.

      Refuse to post this one…..and I will past this comment to every article on BIN.

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