Screen capture from 1987 Movie: The Running Man.
– De-dollarization –
Simon Black, aka “Sovereign Man“, discussed the shocking negative trend of the U.S. Federal Government. Yes, once it is accepted that unlike a commercial business the government is never allowed to earn a profit, so their net worth should remain at or below zero.
Since the U.S. government went off the Bretton Woods Agreement (refusing to redeem U.S. dollars for gold bullion) during the Nixon years the negative trend has become shocking!
Are You Ready For Monetary Reform? ~Ron
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More unbelievable facts from the U.S. government’s own financial reports
- U.S. federal government released annual financial report; the final U.S. Financial Report of the Obama Administration.
- The government’s “net loss” in fiscal year 2016 more than doubled, from MINUS $467 billion to MINUS $1 trillion.
- They should be awarded some special Nobel Prize in Ponzi Schemes.
- Rational people don’t bet everything on hope; they have a Emergency Plan.
After adding up all of its assets (like tanks, aircraft carriers, government buildings, etc.) and subtracting liabilities (the national debt), the government’s “net worth” was MINUS $19.3 trillion at the close of the 2016 fiscal year.
That’s worse than 2015’s NEGATIVE $18.2 trillion, which was worse than 2014’s NEGATIVE $17.7 trillion, which was worse than 2013’s NEGATIVE $16.9 trillion.
The US federal government is insolvent, plain and simple. -Sovereign Man
You can listen to the Sovereign Man’s podcast here.
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RELATED:
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From the Archives: The Script Reveals What Is To Come, Globalization
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Ronmamita's Blog 
War Economy!
Do you know the war motto?
Generals and admirals don’t ask how much it will cost, they want to know will it achieve victory!
This worldwide destruction is like a military grade war campaign… ~Ron
Title: REALIST NEWS – More unbelievable facts from the US government’s own financial reports
Video posted 09 Feb 2017 by jsnip4
Title: This Is Not A Drill! The Economic Crisis Will Start This Year & Last For 5 Years:Clif High
Video posted 08 Feb 2017 by X22Report Spotlight
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Reblogged this on UZA – a people's courts court of conscience and commented:
He he, thanks Ron;
Now, the entire global Ponzi scheme that we call banking is operating under revolving foreclosure bankruptcy, right? This means money is a debit and not a credit;
So, if the debit start’s exceeding itself, then is it not a credit? 🙂
Maybe this is the remedy for the Ponzi scheme? Mismanage the negative economy to the point where minus one minus three is plus 1;
Makes no sense, doesn’t it? just like money; in peace
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I’m ready for monetary reform!
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Here the MSM and those who believe news will label you a “tin foil hat conspiracy theorist”, or a terrorist. 😉
PS:
The Policy Makers (fraudsters) created this problem, but beware – their solution will be even worse.
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