We Are Screwed

Dorothy did it to me again. She sent me a video that has me in a countdown mode. How long before the USA crashes? The answer is not simple. If our leaders fail to address the problems before us, we are screwed. There is no better way to put it.

At this point, we have a few seconds to fix the problem. If we choose the wrong President, we are screwed. If our leaders lie to us, and fail to fix the problem, we are screwed. It is only a matter of time before the USA is at the bottom of the list with Greece, Spain, and every other pot hole of a country that has nothing. If we keep the guy we have, we know the race is on to give away the America’s wealth before the economy collapses. If we choose the new guy whose background is in fixing broken companies, we might still have a chance.

Where is our current leadership? Why are they concentrating on going around the world poking sticks into hornets nests when they should be working 24/7 on fixing the economy and the broken entitlement system we so generously asked for.

Anyone with a third grade education can watch this video and tell where the problem lies. It explains why interest rates are so low. The Fed knows if it were higher the countdown would be moving at the speed of light toward our failure. I think the people of America are smart enough and mature enough to understand what needs to be done. Will our elected representatives have the cojones to do something about it?

At this point I am glad I am the age I am. Even if I survive another twenty years (fat chance of that happening) I will not have to endure the misery as long as my grandkids who range in age from seven to eighteen. Those poor kids won’t know what hit them, and I feel responsible for doing it to them. The thought that I’ll spend eternity knowing I did it to them just makes me feel all warm and fuzzy.  Of course I was not alone, I have around 330 million neighbors who also contributed to the problem.

So the question is this, what are we, uh, what are you going to do about the situation?

I know what I will do.

Watch the video to understand the problem. It wasn’t caused by Obama or Bush, It started in the nineteen forties with Franklin Delano Roosevelt. Everyone since then has exacerbated the problem.

 

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4 Responses

  1. Debt only becomes a problem when you cannot service it. A lot of debt now being sold by the USA at interest rates we have hardly ever seen before. This will help out massively when inflation eats into the capital borrowed, serviced by low interest rates

    • If I understand you correctly, that means our lenders are screwed. Thanks for commenting.

      • possibly, but inflation and currency exchange rates will be different for whoever buys them. if inflation is 5% in USA but a Chinese investor gains 10% on exchange rates then they are ok. its not a level playing field, but with low interest rates the usa can get out of the hell hole of debt they are in

        • That is probably why our President is so glib about the debt. Thanks for clearing that up. It really is a complicated world isn’t it?

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