US #1 Debtor NationReasons why:
1. US GOVT. "uses" a "fiat currency" FINANCIAL SYSTEM.
2. US CONGRESS is UNABLE to "stop spending money we dont have".
3. THE WORLD knows the "silly money game" we're playing and is going
along UNTIL SOME FUTURE TIME....then all BETS ARE OFF.
4. US GOVT is "technicaly BANKRUPT".
5. US Households dont SAVE.
6. US Households KNOW it better to SPEND than to SAVE with FIAT MONEY.
7. This whole CREDIT and FIAT "money regime" will come to a BAD END.
........"Borrows are SLAVES to lenders" (King Solomon- the wisest man)