ENDGAME (Part 1) – United States Plunging Headlong into Financial Debt Disaster
The United States is hurtling towards a catastrophic financial debt disaster, as shocking evidence reveals a deepening crisis. With soaring interest rates, record-breaking interest payments, and the potential for debt servicing costs to surpass major government expenditures, the nation stands on the brink of a geo-economic collapse. Treasury Secretary Janet Yellen’s dismissal of concerns only adds fuel to the fire as the endgame fast approaches. Is America now facing a global downfall of its own making? In the latest monthly US Budget Deficit report, alarming figures reveal a deepening financial crisis for the United States. Government outlays surged by 15% to $646 billion in June, a staggering increase of almost $100 billion from the previous year. Meanwhile, tax receipts have plummeted by 9.2% from $461 billion to $418 billion, marking the largest drop in tax revenues without entering a recession. This article delves into the dire consequences of these developments, shedding light on the imminent financial debt disaster that the United States faces.
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