The total public and private debt of the United States at the end of 2003 was $39.384 trillion.
The total public and private assets of the US at the end of 2003 was $26.134 trillion.
Hence, a $13 trillion insolvency.
Total US debt now stands at 315% of US GDP (160% in 1980).
...We are on our own. I find it funny that the higher the US government debt gets the more often they start adding the total wealth of its citizens as if this were an asset which could be tapped, piled up, and used to pay it off with.
Debt is funny, assets are funny.
The wealth and strength of a nation lies not in its material possessions, but rather, in the people themselves. TPTB ("The Powers That Be") forget this from time to time and need to be shown. If people quit cooperating with the government, quit playing the game, I doubt very much that the elites will do all the work themselves, or finance the government, or fight the wars themselves, don't you? Hell, they don't even cook their own meals. If you want to change things you have to change the way you think. Quit playing the game, quit helping them win. The only way their money has any value is if we let them use it to manipulate us. I doubt very much they can force us to do anything we don't want to do. One of these days people will revolt against working 55 hours a week in a dead end job just to see them steal it by one ploy or another. I suggest to anyone who wants to stop this madness to slow down, simplify your life, reduce your overhead, quit playing their game so much. They can't be beaten in a game where they make the rules and keep changing them all the time. I laugh in advance at all the control freaks, the government debt, the bureaucrats. Ha! In your face guys and gals. They can do whatever they want but I can guarantee you one thing, I won't be helping them down the path.
Mr. X, Jerry Johnson, and Jorge have it figured out!
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