AMERICAN BANKRUPTCY QUASI REORGANIZATION #! BASED ON AMERICAN COLLATERAL OF $168 Trillion dollars a quasi-reorganization plan is in order for America to reorganize debt and convert to GAAP as required by the 1956 Budget Reform Act IRG6 required the Federal government to convert to the accrual basis GAAP accounting principles and to implemented by Arthur Andersen & Co. in fiscal year 1974 when the 1974 budget deficit was $486.2 billion when Athur Andersen estimated it had been $811.7 billion using accruals and GAAP accounting principles. To date in 2024 the budget is still adding in borrowing to the revenue side and claims a deficit budget of $6.865 trillion with a deficit spending ear marked for $1.8 trillion that is funded by US Treasuries that have an inverted yield curve of 1.4% long term and 4.2% short term ... a sure thing depression in
the making. And those figures are understated by 100%, as is GDP overstated by
including deficit spending as producing income using borrowed US Treasuries.
With a face value of $35 trillion, with $8 held by exporters to the USA and the
remaining $27 trillion held by America pension, 401.k funds, mutual funds and
hedge funds (hedging short on America and long on Chins).
AMERICAN BANKRUPTCY QUASI REORGANIZATION #2 ... the rise and the fall of laissez faire enterprise as we know it. Our next election will be a race to the bottom-line
destroyed by politics as moneytics, with the Law of Rulers overshadowing the Rule of Law with the Golden Rule ... those with the gold shall rule a failing government Oligarchy destained to crash into a communist state of Chinese Autocracy. Only to be avoided by Keeping America Great using the American Enterprise Trilogy to manage the comeback and avoid bankruptcy with the Chapter 15 of the international BANKRUPTCY Court
under Chapter 15 of international bankruptcy law.
