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Oh No... We're Bankrupt

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Manward Financial Digest
 

America Can't Pay Her Bills

He Bought $380 Million Worth of a $2 Crypto!

Blurred Out Crypto Investor
 

One of the earliest Bitcoin investors, who runs a billion-dollar crypto fund... just SOLD most of his Bitcoin and put $380 million into a $2 crypto.

Shocking Story Here.

Andy Snyder

Andy Snyder
Founder

We're in big trouble.

We don't have the money to pay our bills.

Just as the experts have long said about going bankrupt, it happened very slowly... then all at once.

We see no way out of this mess but to cheat, steal and game the system.

Indeed, by any nongovernmental measure... America has gone bankrupt - and not just morally.

The latest figures show we will soon be unable to afford even our interest payments.

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Big Numbers

For much of the last decade, Uncle Sam's yearly interest payments averaged about $270 billion.

That changed, of course, over the past two years, as we spent borrowed money as if our lives depended on it. In fact, some folks swore they did.

Interest payments surged.

They jumped by 43%... all the way to $389 billion a year.

But dear friend, that ain't nothing.

The latest budget figures guess that figure will soar to the heavens within the next decade... all the way to $940 billion.

That's a trillion bucks each year... just on the paltry interest for the cash we've borrowed.

We use "paltry" quite intentionally. We all know Uncle Sam has gotten his fix at quite a bargain over the last decade.

But now that rates are jumping higher - thanks, in great part, to all that debt - there are growing concerns that Washington won't be able to pay its bills... at least not without some more lying, cheating or stealing.

You see, the White House used quite low figures for its projections.

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Prices on gas, groceries, cars and homes have exploded. But Larry Kudlow explores a solution that could offer "financial independence for life."

 

"Easy" Math

Its math included an average rate on the key 10-year Treasury of 1.4% during the current fiscal year. The yield is currently double that figure at 2.8%.

After this year, the White House expects a rate of 2.2% for the next four years and an average of 2.8% to round out the decade.

But what if we're above those rates?

Well... according to a gut-wrenching piece from The Hill, if rates are just 1% higher, we'll pay an extra trillion bucks in interest each year - equating to 70% of all tax revenues.

Yikes.

But it gets worse.

If rates jump 2% higher than those projections (merely putting the 10-year Treasury back to where it was in 2007), 100% of all tax revenue would have to be earmarked for interest payments by 2051. A mere 5% of tax revenue goes to interest today.

Clearly, it spells trouble.

But to us, it spells big change.

It spells the death of interest rates. The Fed can't possibly push rates to where they need to be. Uncle Sam would go bankrupt.

It spells more lying, cheating and stealing.

It means that, as citizens, we'll be paying more and getting less. We'll be paying off the sins of yesterday and won't have the ability to plan for the necessities of today.

It's why the big banks are pouring into crypto. It's why talks of a new world order are growing. And it's why Americans are getting angrier and more restless by the day.

They realize it's not right.

Of course, we need to know what to do about it.

What's the magic elixir we can swallow to makes us immune to it all?

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In this jaw-dropping video clip, Bill O'Reilly hears THE FOUR SHOCKING WORDS that will help SUPERCHARGE AMERICANS' RETIREMENTS in 2022 and beyond...

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You've already heard the most important part. You know what's happening and what's coming.

Most folks eagerly and ignorantly ignore the trouble ahead.

From here, doing something is the easy part.

It's time to think differently and invest differently.

If it worked 50 years ago... it's probably not going to work 50 years from now.

Like we said, it happens very slowly... until it goes south all at once.

We'll get through it.

Be well,

Andy

Great Liberty Revival Retreat
 

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Andy Snyder | Founder

Andy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms.

 

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