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It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

February 6, 2010
The Economic Collapse
2/5/2010

A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don’t realize is that there simply is not a solution under the current U.S. financial system. It is now mathematically impossible for the U.S. government to pay off the U.S. national debt. You see, the truth is that the U.S. government now owes more dollars than actually exist. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything.

And the U.S. government would still be massively in debt.

The story continues …..

2 Comments leave one →
  1. secret squirrel permalink
    February 8, 2010 9:14 pm

    not if we simply take-back / appropriate the ‘missing-money’ taken by the crime/fraud

    perhaps there is plenty money to cover any ‘legitimate’ debt … a lot of ‘debt’ is ‘derivative debt’ / fraudulent debt, etc … and should simply be wiped-out, as such is merely virtual fraud

    the remedic meme we Americans need to re-embrace, is The American Dream Meme: ACCOUNTABILITY

    If/When WE again unite upon that critical core processing requisite, WE will remedy clarify to cut-out the cogdis corruption cancer like a knife through fat!

    ;-)

  2. February 7, 2010 8:26 am

    As much as I can understand right now, I think you’re right!

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