The U.S. holds $39 trillion in liabilities while only having $4.9 trillion in assets, leading the Department of the Treasury to say “the current fiscal path is unsustainable,” according to a recent report.
The extensive report contains detailed financial information on the state of U.S. finances. There is a section titled “An Unsustainable Fiscal Path,” that explains that “a sustainable fiscal policy is defined as one where the ratio of debt held by the public to GDP (the debt-to-GDP ratio) is stable or declining over the long term.”
The U.S. has a rapidly-increasing debt-to-GDP ratio, along with ballooning mandatory spending on programs like Medicare and Old Age Survivors and Disability Insurance, driving up costs without substantial increases in revenue. These programs are projected to be depleted by 2028 and 2035, respectively.
On the balance sheet, the report shows the U.S. has assets of $4.9 trillion, which include cash, monetary assets, inventory and property, and loans receivable. On the liabilities side, however, the U.S. has $39 trillion in liabilities, which include $24.3 trillion worth of federal debt and interest payable, $12.8 trillion in federal employee and veteran benefits payable, and $1.8 trillion in other liabilities.
This is only one of many measures that show how much financial trouble the U.S. is in, and more people from both sides of the aisle are beginning to issue dire warnings that our current spending habits need to drastically change.
The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
