Jerome Powell Admits Federal Budget “Unsustainable” But Assumes We Can Fix It Later
by Peter Schiff, Schiff Gold: Through the first six months of fiscal 2021, the US government ran a record $1.7 trillion budget deficit. Federal Reserve Chairman Jerome Powell said this is sustainable – for now. During a webinar sponsored by the Economic Club of Washington DC, Powell said the economy can handle the current debt load. […]
Source: https://www.sgtreport.com/2021/04/jerome-powell-admits-federal-budget-unsustainable-but-assumes-we-can-fix-it-later/
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Whistler Blowers, Insiders
BREAKING:…………
23rd JUNE 2017 
Madoff WHISTLEBLOWER Harry Markopolos Says U.S. GOVERNMENT Is A Giant PONZI $CHEME, A Full-Blown Panic Is Coming And
JOURNALISM I$ DEAD
The U.S. GOVERNMENT Is A Giant PONZI $CHEME
Eric King: “Obviously it’s well known that you are an international HERO, Harry, FOR TAKING DOWN BERNIE MADOFF. But HE HAD A QUOTE where he was talking about the United States and how the GOVERNMENT was BA$ICALLY a giant PONZI SCHEME.
”
When you look at the U.S. government, is the whole thing a Ponzi scheme
Harry Markopolos: “Unfortunately it is. BENEFIT$ are being PROMISED that WILL NEVER BE PAID. We are about to become upside down as more and more people from the BABY BOOM GENERATION RETIRE. And we are PAYING about 19% of GDP toward HEALTHCARE right now, which is TWICE WHAT WE SHOULD BE PAYING. And the reason is 40% of every HEALTHCARE DOLLAR is either $TOLEN or WA$TED on the wrong standard of care. That’s because the HEALTHCARE industry is so CORRUPT.”
Eric King: “Harry, you were in the financial industry, and subsequently you have gone after Bank of New York Mellon and Bernie Madoff in some very high profile cases that got notoriety around the world. How is this going to end? I always wanted to ask you that. The UNITED STATES –the TRAIN WRECK that it is — HOW IS IT GOING TO END
”
Harry Markopolos: “Probably with a CURRENCY CRISIS FIRST, where there is a crisis of confidence in the U.S. dollar such that the FEDERAL RESERVE has to RAI$E INTEREST RATES, taking us INTO A DEPRESSION. And then the U.S. GOVERNMENT will have to be CUTTING CO$T$ everywhere that they possibly can.
https://kingworldnews.com/madoff-whistleblower-harry-markopolos-says-u-s-government-giant-ponzi-scheme-full-blown-panic-coming-journalism-dead/