Federal Tax Revenues Set Record Through June; Feds Still Running $385.8B Deficit
The system runs specifically off of debt and it’s so obvious when a surplus of tax revenue in the trillions still can’t make up for the MASSIVE deficit.
- GAAP-Based Federal Budget Deficit Hit Record $6.6 Trillion in 2012
- Although the official numbers vary, the unfunded liabilities amount to over $60 trillion according to USA Today.
There are more questions than answers.
Will nations defaulting on their debt create a domino effect where eventually all nations default as capital flee from nation after nation of defaults?
Recognizing the bully attitude of the elite money cartel we expect capital flows to be directed into the financial centers of London, NY, and others, until certain governments jump ship by legislating a sharp policy change.
With that defiance military intervention (WAR) would be expected to soon follow.
With that kind of concern for the risks in this current crisis cycle we ask what nations are likely to be among the earliest to default?
Ecuador, Egypt, Pakistan, Venezuela, Belize, Cuba, Cyprus,
Greece, Jamaica, Argentina, and Ukraine, are the 11 Nations on the watch list;
but, I ask about Turkey, India, Japan, Russia, even though they are obviously in the “CLUB” and should be last to fall along with China, UK, and the USA with BIG Guns and militaries to defend themselves.
What will happen to taxes, international trades and distribution of food, energy, and their price valuations during the financial industry turmoil?
“You control the debt, you control everything.
[…] This is the very essence of the banking industry: To make us all slaves to debt.”
It is no longer a mystery why nations are preparing for WAR.
Remember: All Wars Are Bankers’ Wars