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I CAN ABSOLUTELY GUARANTEE YOU THAT THINGS WILL FAIL MR, CARUBA! JUST READ DANIEL CHAPTER 12, STARTING AT THE FIRST VERSE.... THERE WILL BE SUCH A TIME OF TROUBLE AS NEVER WAS! THAT WILL INCLUDE THE WHOLE WORLD....... DON'T DOUBT IT!
Posted by JAKE  on  11/27  at  07:07 PM | #





The Threat of a Global Financial Collapse

Posted by Alan Caruba on Nov 27, 2011 at 03:49 PM

America is presently $15 trillion in debt and it grows daily.

At present, the amount of the annual Gross Domestic Product, $14 trillion—the value of all the goods and services that generate income—is exceeded by the nation’s debts.

America is presently $15 trillion in debt and it grows daily.

In a November 21 Wall Street Journal interview, Erskine Bowles of the presidential advisory commission on the nation’s debt, said “If you take 100% of the revenue that came into the country last year, every single dime of it was consumed by our mandatory spending and interest on the debt.”

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