Berto Jongman: US National Debt =$20 Trillion (Not Counting Gold Debt to China and Indonesia)

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Berto Jongman
Berto Jongman

US National Debt Reaches Record High, But No One Knows How to Handle it

The national debt of the United States has surpassed $19.5 trillion. According to the US Treasury, the debt will reach $20 trillion by the end of Barack Obama’s term.

Phi Beta Iota: This publicly acknowledged debt is unconstitutional — the US Government is not supposed to be borrowing money. It does not include the additional multi-trillion dollar debt owed to China and Indonesia from the Green Hilton accords signed by John F. Kennedy. It does not include the legitimate claims that could be made by Russian against the USA for the Gold War that used $250 billion in covert off the books money (laundered into the legal system on 9/11) to destroy the Russian economy from 1998 to date. If a clever president were to recruit all individual debtors to the banks, a debt jubilee could be negotiated with the banks. China will get its money back one way or the other. Russia will finds its way as head of the new Byzantine Europe. What we do not know if whether the USA will survive the era Matt Taibbi has no famously named “Griftopia.”

See Especially:

Joachim Hagopian: Neocon Hegelian-Style Warfare against Islam, Russia, China and Iran in a Post-9/11 World

Worth a Look: Old Gold, Bright Future — From JFK & Indonesian-Chinese Gold to End of the New World Order…

See Also:

Byzantine @ Phi Beta Iota

Black Eagle Trust @ Phi Beta Iota

China @ Phi Beta Iota

Gold @ Phi Beta Iota

Russia @ Phi Beta Iota

 

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