#WakeUp
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DAHBOO77
Now, one important thing to remember is that, during the Cold War with the Soviet Union, the US was at its peak. Today the tables are turned. China is the rising power, and the US is well past its peak. China is one of the world’s biggest creditor nations and has a vast pool of savings. The US is the world’s single largest debtor nation, with record-high government debt, consumer debt, etc. This year alone the US federal government will likely increase its national debt by $5 trillion. And the debt (at $26.5 trillion) is already 136% of GDP! More importantly, as we discussed several times over the past few weeks, economic sustainability and prosperity are no longer priorities in the United States. Governments at the local, state, and federal levels are full of Bolshevik politicians who despise successful individuals and businesses.-