The U.S. Government Has Reached Its Credit Limit - What Does This Mean to You?
If breaking deficit records were an Olympic sport, the U.S. would be a gold medal winner. With record shortfalls racking up every month, the U.S. government is now at the threshold of reaching its credit limit of $12.1 trillion. The only option is for the U.S. Congress to vote to increase the credit limit…but the world is growing weary. In his latest COR Bulletin, Robert breaks down what the crumbling credit worthiness of the U.S. means for you and your money.
"I like to think of the global banking system as a vampire. A vampire does not want to kill you. A vampire only wants your blood. The same is true for the global banking system. They don’t want to kill you or your debt, they just want to keep sipping interest off the top, and keep you just crippled enough that you can’t get better but not so crippled that you die."
– Excerpt from Robert’s Conspiracy of the Rich Bulletin
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