Our word of the day, boys and girls, is “insolvency.” Data from the U.S. Treasury Department shows that our national debt jumped by a mind-blowing $275 billion in a single day.
I recently wrote a piece citing multiple experts to argue that the U.S. government’s debt is unsustainable. We cannot afford the majority of our current spending, let alone increased spending. The new sobering data from the Treasury Department just emphasizes my point.
The Treasury Department’s Debt to the Penny data page posts the U.S. debt on every business day. Before discussing the data in detail, it is important to note that the Treasury says it posts data every day that is from the previous business day. In other words, data posted Sept. 29 is actually from Sept. 28, and data posted Oct. 2 is actually from Sept. 29 (because Sept. 29 was a Friday). Debt […]
Read the Whole Article From the Source: pjmedia.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.