Debt bomb ready to blow: The greatest threat to America

As explained by Stein’s Law, there will inevitably come a tipping point. Our debt will be too much for the market to bear, and there will be a crisis of Armageddon level proportions. The two solutions will be to repudiate it and refuse to pay or inflate the money supply to Zimbabwean infinity.

Since the unavoidable result of this calamity will be the implosion of the American economy and the livelihoods of several hundred million citizens, it’ll affect foreign affairs as well. Overseas military operations and America’s global network of bases will be impossible to sustain. Like U.S. withdrawal from northern Syria it will be sudden and haphazard but repeated on every part of the globe simultaneously.

“The most significant threat to our national security is our debt,” former Chairman of the Joint Chiefs of Staff in 2010.

In fact, the greatest threat to everything is our national debt. The reason for this is because it’s unfixable. Republicans and Democrats have gone to Washington, D.C. for decades on promises of balanced budget amendments, increased revenue, and decreased spending. In David Stockman’s eyes, both massive cuts to spending and tax increases are required to make any dent in the problem…

There’s no preventing a debt crisis. Prepare yourself accordingly.

Read The Full Article At The National Interest