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The Utterly Unbelievable Scale of U.S. Debt Right Now

2/19/2019 – A positive day with the Dow Jones up 8 points (+0.03%) and the Nasdaq up 14 points (+0.19%)

The stock market remains at an incredibly important juncture. Things are about to accelerate in an unexpected way. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here. 

Our leaders are flying blind on corrupt empty brains into a debt abyss that will lead us all to a Nuclear World War 3. Just consider for a second how staggering this number is.

The utterly unbelievable scale of U.S. debt right now

The debt accumulated under Donald Trump would be enough to cover the inflation-adjusted cost of U.S. involvement in the Second World War

Throughout U.S. history, periods of massive debt accumulation have usually coincided with bad times: The Great Depression, the Civil War, etc. By any economic measure, however, the United States is currently doing fantastic. Major foreign wars have been stepped down. The jobless rate is at a 49-year low. Economic growth has been topping four per cent. The last time the U.S. economy was this good, the federal government was running budget surpluses to pay down the debt, rather than piling up debt faster than ever. The implication is that when the boom inevitably ends, U.S. deficits are set to explode even faster. “The economy is going well and we are looking at deficits that are four per cent of GDP going forward,” Congressional Budget Office director Keith Hall said in late January. “That is an unusual thing.”

Now, many will dismiss all of the above as “who cares”. After all, our debt levels have been skyrocketing for decades, with leaders on either side of the political spectrum apparently playing the game of who can spend more.

The problem above can be solved in one of two, well, three ways. One way, paying off our debt, is immediately dismissed as the likelihood of that happening is much lower than advanced Alien civilization landing on the White House lawn and welcoming mostly deranged humanity to a Galactic Club.

The other two ways are inflation and war. The FED has been trying to get inflation going with zero interest rates and massive rounds of QE for nearly a decade. And without much success I might add. Apparently they have all missed Econ 101 where it is taught that extreme debt levels are deflationary in nature.

The only option left now is war. Those in power, all NATO member and Russia/China alliance are currently positioning themselves for such a conflict. If you do not see that you are not paying attention. It is unfortunate, but true, those in power WILL wipe the DEBT slate clean, but they will do so with the blood of their citizens.

Luckily, you don’t have to guess as to when that will happen. Our stock market work projects the exact date. Plus, if you would like to find out exactly what the stock market will do next, in both price and time, based on our timing and mathematical work, please Click Here.

Please Note: Our latest call was a direct hit. While everyone was panicking our work projected an important bottom on December 27th (+/- 1 trading day) on the Dow at 21,725 (+/- 50 points). An actual bottom was put in place on December 26th at 21,713.

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