(SHTF Plan)—Bank of America is warning the American slave class to expect the national debt to top $50 trillion. Citing data from the Congressional Budget Office, the U.S. national debt is very likely to surge by $20 trillion over the next decade.
That is if the entire global debt-based fiat currency system even lasts that long. The ruling classes of the globe have big plans to ensure they control every aspect of every human being’s existence on this planet.
The US exceeded its debt ceiling, which was legally set at $31.4 trillion, in January 2023. After months of warnings of an imminent and economically disastrous default from the US Treasury, President Joe Biden in June signed a bipartisan debt bill that allowed the limit to be lifted until January 2025. This effectively allowed the government to keep borrowing without limits through next year. Debt spiked to $32 trillion less than two weeks after the bill was approved and has been piling up ever since. –RT
According to the forecast, the current outstanding public debt amounts to roughly $33.6 trillion, but at the pace it is growing and due to “fiscal excess in the 2020s,” it is likely to grow by $5.2 billion daily for the next 10 years, which would put it at around $54 trillion by 2033, according to a report by RT.
“US public debt is… more than the combined GDPs of China, Japan, Germany, and India,” Bank of America investment strategist Michael Hartnett noted in the forecast. He warned, however, that Washington was unlikely to stop taking loans even if the federal deficit is contained because borrowing is seen as a means to fuel economic growth and help drive the circulation of money. “Likely central banks may simply bail out governments in coming years via quantitative easing and the introduction of yield curve control,” Hartnett added.
That means we should expect the cost of living to rise as inflation continues to beat down the slave class and the rulers devalue the already worthless fiat currency even further.
Important: Our sponsors at Jase are now offering emergency preparedness subscription medications on top of the long-term storage antibiotics they offer. Use promo code “Rucker10” at checkout!
What Would You Do If Pharmacies Couldn’t Provide You With Crucial Medications or Antibiotics?
The medication supply chain from China and India is more fragile than ever since Covid. The US is not equipped to handle our pharmaceutical needs. We’ve already seen shortages with antibiotics and other medications in recent months and pharmaceutical challenges are becoming more frequent today.
Our partners at Jase Medical offer a simple solution for Americans to be prepared in case things go south. Their “Jase Case” gives Americans emergency antibiotics they can store away while their “Jase Daily” offers a wide array of prescription drugs to treat the ailments most common to Americans.
They do this through a process that embraces medical freedom. Their secure online form allows board-certified physicians to prescribe the needed drugs. They are then delivered directly to the customer from their pharmacy network. The physicians are available to answer treatment related questions.
Makes me nostalgic for the 80’s when we worried about $2 Trillion in debt.
Is this BofA’s (NationsBank) pre–bailout announcement???