It’s one again time for D.C. to pretend there is a “debt-ceiling.” Thank God for the Freedom Caucus, we might actually get some cuts to the utterly corrupt agencies of that separate Country. Since we have been concentrating on using precise language, I have a precise question: is it even possible for this Country to pay-off the debt? Zach Abraham provides a clear answer in this episode. If it’s not possible, will Americans continue to pay interest on this thing forever more? Or, as the bank of Japan may do there, will the “Federal” “Reserve” announce they have canceled the debt? That sounds truly radical, doesn’t it? But--again, using precise language--does America really have currency anymore? Do we have money? Or, are we using the idea of money that has long since lost its truthful value? Zach and I went pretty deep in this one.


The Links

• Cancellations in home builds
• Politicians selling bank stocks
• The housing crash is going to hit the West first. Tech workers are getting laid off in droves which will drive this. Then the Southern states. Then the Midwest and East. The Federal Reserve will cause the biggest housing crash since 2008. It’s over.
• Saudi Arabia Just Killed The Petrodollar
• The Biggest Bubble of All: “Investment Grade” Debt