World's Debt Storm Is Coming (Gravitas Plus)

[PADA: Srila Prabhupada does predict that the false economy of paper currency will collapse at some point. It seems like the warning signs are everywhere. This lady says that a number of countries have already gone bankrupt. And new bankrupted ones are emerging like Sri Lanka. And other places are in the pipeline to crash soon. And all these are simply "the canaries in the mine" as the domino effect of other countries going belly up comes up next. 

It also seems like the West is purposefully trying to crash the Russian currency, but that may produce unwanted by-products in their own currencies. Anyway, this is something to watch out for. Srila Prabhupada says a number of dire things about wars and currencies. 

And unfortunately, the devotees did not take much precautions to get rural self-sufficient programs going, which is what he wanted for his devotees. USA is not doing a whole lot better when it comes to fiscal responsibility either. Sri Lanka is experiencing riots and other problems at present, and there does not seem to be an easy fix once this currency crisis takes over a nation's economy. And if the dollar takes a dive, lots of other countries will go down with the ship, since their currencies are too closely linked and valued to the dollar. ys pd] 

angel108b@yahoo.com

 

THE WORLD'S GREATEST LAND OR THE GREATEST PARASITE OF ALL TIME

The US reportedly plans to continue its search for yachts of Russian oligarchs.
If anyone seriously thinks that it bothers anyone in Russia (except the oligarchs themselves), I have bad news for them. It doesn't matter.

I suggest that for Americans to kill their record high national debt, they will have to steal a lot more yachts in the world. The American national debt has exceeded a new milestone, and data from the local Ministry of Finance testifies to that.
Their debt exceeded astronomical $30 trillion.

The record came at a time when the U.S. FED was going to raise interest rates. Debt management has gotten even more expensive, and the cost of loan financing debts has become more difficult. In general they increased their loans by this step.

"The 30 trillion dollar debt is an obscene number.

But what’s even more depressing is the fact that most politicians on both sides don’t really care,” Senator Ben Sasse told Fox News.

As he added, someone will have to pay the money. “The debts are not paid by us, but our children,” he added. Lawmakers raised the debt ceiling - however, they will pay it one day. In December, both chambers of the US Congress passed a law increasing the national debt limit by 2.5 billion dollars and averted the threatening failure of funding the US government.

If lawmakers did not approve the increase in the debt ceiling, the government would threaten that it will not be able to borrow more money for its operations.
It would lose the opportunity to repay some debts or God forbid to finance the war in Ukraine -- and everywhere else in the world to unleash conflicts - not to mention the ability to solve their own social problems.

Today, it looks worse in American suburbs and cities than in some Gypsy ghetto.
The new debt ceiling was increased to $31.4 trillion in December 2021 with the limit supposed to be enough to finance government operations through 2023.
Anyway, we have April and the numbers don't fit a bit - it seems that with the speed of the rise of the national debt and its acceleration the limit will exceed.

I don't count the inability of the US government to address finances, Covid pathology, immigrant problems, energy crisis and the crisis that comes after they launch one sanctions against Russia after another.

The U.S. national debt now amounts to 30 trillion, 394 billion, 600 million, with every 37 seconds the debt amount increases by $1 million. Before you just read this post, the U.S. national debt will be several million higher.
Accurate information here: https://usdebtclock.org/