US DEBT CLOCK DERIVATIVE BUBBLE BURSTS
We should remember what has made America great and theleader of laissez-faire free market enterprise since World War II. It's a story of American exceptionalism, driven by bottom-up free market monetary capital combined with human capital.
This stands in stark contrast to Communism, which is characterized by a top-down monopsony and monopoly system. This approach, reminiscent of "Big Brother," involves Marxist control by the ultimate seller and buyer, often referred to as the Chinese Cartel.
This cartel includes OPEC, India, Africa, South America,Latin America, and the USSR, forming monopolies and oligarchies that dominate global trade, the UN, the International Monetary Fund (which has provided a $1trillion line of credit for Chinese railway development in Africa and South America to the 100 ports they manage with robotic cranes), the World Trade Bank’s favored nation status, the World Health Organization, the FDA, the CDC,and the World Import/Export banking system.
Additionally, China with a $120 trillion net worth, and $18trillion GDP, per the international debt clock is focusing on aligning its financial system with GAAP standards as part of their Belt and Road and Seas Initiative. Meanwhile, the USA has a negative net worth of $-70 trillion, which the CATOInstitute estimates to be $-75 trillion since World War II.
This is due to factors such as negative growth, losses in the global trade war, and deficits incorporated into GDP calculations. Additionally, U.S. Treasuries have been sold to Social Security, the Federal Reserve banking system, and payroll tax trust funds to manage budgetary cash flow and address this negative net worth figures. During his first term, Trump suspended the debt ceiling due to the Covid-19 pandemic. Yet the debt rose $6 trillion and he now with efficiency experts DOGE, seeks to waive it indefinitely.
While with negative GDP growth void of deficit spending, King Trump, a realestate agent, proposes to purchase Greenland, save Gaza, allow white immigrants in from South Africa, incorporate Canada as a 51st State, assess Mexico and Canada 25% tariffs applied to our importers as a tax and reciprocal duties on goods from our two biggest trade exporters. Driving inflation figures up that he concludes will save America from bankruptcy and stop infiltration of illegalimmigrants flowing through open borders.
With negative GDP growth void of deficit spending, he proposes to purchase Greenland, save Gaza, allow white immigrants in from South Africa, incorporate Canada as the 51st State, and assess Mexico and Canada with a 25% tariff applied to our importers as a tax and reciprocal duties on goods from our two biggest trade exporters. Allowing OPEC and the Chinese cartel to de-dollarize global trade.
The promises made for future pensions amount to $21 trillion, a figure that looms large over the federal budget. Moreover, the accrued compounded interest on US treasuries has reached a daunting $20 trillion. In addition to these liabilities, there are 13 unfunded entitlementstotaling $50 trillion, placing an enormous burden on the economy. The future costs of Medicare and Medicaid alone are projected at $1.6 trillion per year, while Social Security's future costs are estimated at $1.5 trillion annually.
These daunting financial realities demonstrate our Great American Enterprise is insolvent, staggering towardsbankruptcy.
Will this be solved by our new Department of Efficiency DOGE or a Department of Effective Accountable Government also DOGE. To Save the Gret American Enterprise not the economy. Using GAAP is a generally accepted accrual accounting system versus GAS is cash basis governmental budgetary accounting system.
The source www.usdebtclock.org
