Citigroup Sounds The Alarm On Complete Economic Collapse! - Atlantis Report
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Citigroup, one of the world’s leading banks, has made a shocking announcement about the looming threat of a complete economic collapse. This alarming forecast comes amidst growing concerns over the state of the labor market, which has shown signs of deterioration that could have far-reaching consequences for the nation’s economic stability. The warning has prompted governments, corporations, and individuals to prepare for an unprecedented economic calamity.
1. U.S. debt: $34 trillion, with $1.5 trillion of interests to be paid every year;
2. Fiscal budget: $7.5 trillion vs. $5 trillion of estimated revenues, leaving a hole of $1.5 trillion;
3. Trade wars and tariffs: increase inflation and lower the purchasing power of all Americans;
4. Waging wars in far-away lands and neglecting own crumbling roads, bridges, ports, power grids, etc.; and
5. Relying on its printing presses to live beyond its means and on borrowed time as if there is no tomorrow.
Even the least educated people on Earth can foresee the demise of the empire in a not-too-distant future. Even America’s closest allies in the Northern Sphere have already started to stay away from suicidal moves by their leader — on economic and financial matters as well as politically in West Asia. All of these take place while the de-dollarization movement is sweeping the world and BRICS rises to replace both the G7 and G20.
The sad thing about all these is the American people elected those people to do their jobs and then the people are cut off from knowledge about the activities of those who exercise real power. It is a good thing that the American people hold the power to change their government; however, the harsh reality is the evil cycle just repeats itself because money can buy votes.
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Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
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