On the Edge of a Fiat Fiscal Cliff
The Corporation that is the ‘United States’, in an unprecedented economic predicament, faces a towering national debt that reached a historic $34 trillion by the end of 2023.
This alarming milestone underscores the urgency for a sweeping reset of the fiat financial system, as the American economy teeters on the brink of a significant transformation.
Unprecedented ‘US Corporation’ Growth: The Leviathan Expands
Today, the United States Corp. operates the largest government in human history, both in scope and in expenditure.
The corporate federal government employs approximately 3 million people directly, illustrating the vast scale of its operations.
In 2023 alone, federal spending skyrocketed to $6.13 trillion, an amount exceeding the GDPs of all countries except the U.S. and China, highlighting the enormity of the corporate government’s fiscal footprint.
The National Debt Crisis: A Gargantuan Challenge
The US Corporation’s national debt crisis has ballooned to proportions unseen in history.
Over the past three years, the debt surged by an astonishing $6.25 trillion, with $2.5 trillion of this increase occurring in just the past seven months.
This rapid accumulation eclipses the debt growth over the first 225 years of the nation’s history.
Every American is now encumbered with a debt share of $101,233, translating to over $400,000 for a household of four, signaling an unsustainable fiscal trajectory.
Economic Indicators and Consequences: The Warning Signals
Critical economic indicators paint a dark picture of the current state.
Job openings plummeted to the lowest level in more than two years, and corporate giants like Xerox (15% of its workforce equaling 3,000 employees) have recently resorted to significant layoffs.
Consumer debt confidence has hit all-time lows, with only half believing they can clear their December balances.
These indicators are not mere blips but stark warnings of the systemic financial instability afflicting the U.S.
Dependency on Government Welfare: A Deepening Quagmire
The dependency on corporate government welfare programs has reached critical levels, underscoring the depth of America’s economic challenges:
- Over 70 million Americans rely on Social Security.
- More than 65 million benefit from Medicare.
- Medicaid assists over 81 million individuals.
- Food stamp programs support more than 41 million Americans.
This pervasive dependency culture, with a majority of U.S. households receiving some form of government assistance, reflects a precarious reliance on federal support for basic needs, exacerbating the fiscal burden on the government.
The Erosion of Dollar Dominance
The international community’s diminishing confidence in the U.S. fiat dollar and reluctance to purchase Corporate Treasury debt signify a pivotal shift.
This erosion of dollar dominance threatens to diminish the USA Corporation’s economic and military power, highlighting the dire consequences of continued fiscal irresponsibility on the global stage.
Public Perception and Response: A Disconnect Between Concern and Action
Despite growing public concern over the national debt, political inertia persists.
The gap between the public’s desire for deficit reduction and the political establishment’s reluctance to address fiscal challenges illustrates a critical disconnect, exacerbating the crisis.
The Endgame: Fiat System Reset
America stands at a fiscal crossroads, with the endgame scenario of its debt spiral increasingly apparent.
The sheer scale of the corporate government and the deepening dependency on welfare programs underscore the urgent necessity for a systemic reset of the fiat financial system.
A shift towards a more sustainable, asset-backed financial infrastructure is the only means to secure a stable future.
This historic transformation will bring about a fundamental resurgence and rethinking of the true Republic’s fiscal and economic priorities.
Supporting References
- How much has the US Government spent this year?
- https://www.usatoday.com/story/money/2024/01/16/what-national-debt-means-for-you/72111112007/
- https://wolfstreet.com/2024/01/02/the-incredibly-ballooning-us-government-debt-spikes-by-1-trillion-in-15-weeks-to-34-trillion/
- https://www.foxbusiness.com/economy/job-openings-fall-november-fresh-2-year-low
- https://www.cnbc.com/2024/01/03/xerox-layoffs-company-to-cut-15percent-of-workforce.html
- https://www.usatoday.com/story/money/2024/01/02/americans-credit-card-debt-rises-december/72047298007/
- https://finance.yahoo.com/news/us-budget-deficit-december-52-190223130.html