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Sick-care America now needs another $1.9 trillion increase in
debt limit just to stay afloat
Mike Adams
Natural
News
Friday, January 22nd, 2010
The US government is running out of money... again. So Democrats
want to increase the debt limit by trillions of dollars... again.
The newly requested debt limit increase is a jaw-dropping $1.9
trillion, which would put the total national debt at $14.3 trillion.
These are more than just numbers on pieces of paper. It's easy
to get lost in the numbers and not realize the significance
of what's happening here, but as I've explained many times here
on NaturalNews (and on www.CounterThink.com
as well), what you are watching is the financial crumbling of
the American empire.
No nation can support endless, increasing debt. It is a law
of economics, much like gravity is a law of physics. America
is testing that law by pushing the boundaries of debt spending
with each passing day, but it's going to find that no nation
can fiscally defy gravity for long. America's debt spending
is spiraling out of control and cannot be sustained.
Much of this debt spending, as you well know, stems from the
poor health of the nation. The sick-care spending on pharmaceuticals,
chemotherapy, unnecessary surgeries, and of course the immense
loss of economic productivity due to people prematurely dying
from pharmaceuticals and junk foods.
I've said this a hundred times before, and now even author
Michael Pollan is saying it: Our toxic food supply will bankrupt
our nation with health care costs.
What will happen to the money supply
America cannot sustain its current path of poisoning its people
with toxic foods, poisoning them further with pharmaceuticals,
and borrowing trillions of dollars from the world to pay for
our disease, debt and war. The numbers just don't add up.
Sure, you can sneak by for a little while, borrowing money
from other countries to support your own debt addiction. But
now we are watching an accelerating blowout of U.S. debt that
can never be reversed. Mark my words: The U.S. national debt
will never be paid back. The voters won't tolerate it! (Because
it would mean spending less and consuming less today.)
And that means all those countries who have loaned money to
the United States should be prepared to lose that money. When
lenders lose money, they aren't very happy about lending more
money. And that means countries will reduce or halt their purchases
of U.S. debt -- which is how debt spending money is typically
raised.
It's already happening, in fact. China is already shifting
its purchases of debt away from the U.S. dollar and towards
other currencies. Many other countries are following suit. Because
of this mass exodus away from "investing" in U.S.
debt, the total amount of debt that the United States can sell
off in a year is strictly limited -- to under $400 billion right
now and probably much less in years to come.
Yet at the same time, the annual gross deficit of spending
by the U.S. government is roughly $1 trillion a year, meaning
that the total national debt increases by a trillion dollars
a year, too. (These are really rough numbers. To see more detailed
figures, visit http://en.wikipedia.org/wiki/United...
)
The great counterfeit machine: $600 billion a year
The upshot of all this? If the U.S. needs to borrow $1 trillion
a year, but other countries will only buy roughly $400 billion
a year, the U.S. must print $600 billion a year in new money
just to keep itself afloat. This is massive money creation and
it leads to the obvious destructive effects: Currency deflation
(the dollar becomes worth less) and price inflation (goods and
services cost more dollars).
This means the dollars you're earning or saving will become
increasingly worthless as all this kicks in.
We are now late in the game on this debt situation. If the
U.S. government were a cancer patient, it would be a stage-four
patient, breathing on a respirator and barely conscious. And
yet somehow most of the American people take absolutely no notice
of the extremely precarious financial situation.
There is a mass hallucination under way in America right now,
where people think we can all go on consuming natural resources,
feeding our children junk food, poisoning our bodies (and rivers)
with pharmaceuticals, polluting the DNA of our crops with GM
seeds, and ignoring the healing powers of herbs, nutritional
supplements and super foods.
This mass hallucination has created what Dr. Gabriel Cousens
calls "a culture of death" where people are invested
in industries of death and philosophies of death. The sick care
industry, in particular, is an industry of death. The food industry
is an industry of death (because they sell mostly dead foods).
The meat industry is an industry of death, as is the pesticide
industry, too.
This culture of death pervades American culture -- a culture
preoccupied with imperialistic expansion, the destruction of
nature through unlimited urban development, and endless pursuits
of "economic activity" through corporations whose
profits depend on sickness, disease and death. So much of the
U.S. economy is now invested in disease and death that transforming
the U.S. economy into one based on health and happiness would
devastate the economy with job losses. It's really that bad...
Optimism, or just gullibility?
There are those who believe that America can somehow pull itself
out of this spiral of disease and debt. They think that somehow,
some future political leaders will magically discover a conscience
and guide America to live within her means. Some even believe
that members of Congress will be suddenly and magically imbued
with a sense of health awareness and sustainability, and they
will overthrow the corporatocracy by voting against their own
self-interests and instead voting to defend the interests of
the people.
To believe that such things might occur is foolish. I have
no such illusions. I've been around enough to know that when
it comes to corporations and politicians, short-term greed always
wins out over long-term sustainability. People want their debt
spending NOW. They want their junk foods NOW. They want their
"free" sick care system NOW. Very little thought is
given to the concepts of what might be better for the long-term
sustainability of a family, a community or a nation. Or the
world, for that matter.
There is no saving America from its self-inflicted financial
demise. It is now only a matter of time before the financial
blowout takes its course, leaving Americans diseased and bankrupt,
sitting on piles of useless paper dollars and wondering how
it all happened...
Why America needs to fail before it can succeed
But this is good news in the bigger picture, because America
actually needs to learn a tough lesson about health and finances
in order to have a brighter future. The day the federal government
goes broke and can no longer pay the salaries of FDA employees
is a great day for health freedom. The day that the whole system
of government-sponsored Big Pharma medical tyranny goes broke
is the day that America might finally set a new course for a
healthier future based on health freedom and safe, affordable
natural medicine rather than monopoly-priced chemicals sold
by criminally-operated corporations.
America needs to fail before it can succeed because the lessons
of sustainable civilization have not yet been learned by America's
leaders (or most of its people). The sooner this corrupt, broken
system of disease and debt fails, the sooner we can all get
on with the business of structuring a new society based on healthy
food, honest money and health freedoms.
So don't mourn the coming financial death spiral of the United
States of America. From its impending failure and rebirth, we
(and our children) can learn important lessons about how to
structure a more successful society in the future. I can tell
you this: No successful society can sustain a huge pharmaceutical
sector because pharmaceuticals cause both death and debt --
the two very things that destroy a society at its core.
In order for America to have a future, Big Pharma needs to
be put out of business. And it will be when the federal dollars
run out. After all, if given a choice of how to spend their
own money, virtually no one would choose a $200 bottle of chemical
pills over a $10 bottle of natural supplements that are safer
and more effective. Big Pharma's very survival, in other words,
depends on the financial survival of the U.S. government, and
that's a bet the pharmaceutical industry will eventually lose.
Health freedom will always win in the end because no government
that denies its people access to healing foods and natural medicines
will survive for very long.
"When the people find they can vote themselves
money, that will herald the end of the republic."
- Fall Of The Republic - Buy
the DVD here
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INFOWARS:
BECAUSE THERE'S A WAR ON FOR YOUR MIND
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