We've Arrived At The End Of The Road | Peak Prosperity by preparedwombat

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· @preparedwombat ·
$1.93
We've Arrived At The End Of The Road | Peak Prosperity
<center><img src='https://www.peakprosperity.com/wp-content/uploads/2019/07/xgx5_jdxujm.jpg' alt='Shared From Dlike' /></center>  

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 >Here we stand today with the national debt at over $22 trillion, total US debt outstanding of $70 trillion … and unfunded national liabilities of over $200 trillion. And we add to this every year with an annual deficit now exceeding $1 trillion.

>This gigantic accretion of debt will never be repaid. And as the pile grows higher, the burden of servicing it — even at today’s historically low interest rates — is placing an increasingly heavy drag on economic growth.

>To date, the central banks have gotten away with their easy money policies because they could. The day of reckoning could always be pushed further out via a fresh round of liquidity. But, as Brien Lundin says in the video below, the reckoning is “no longer simply inevitable, it is imminent. We are reaching the End of the Road.”

Sovereign debt with negative interest rates (quite literally insane) in Europe, an inverted yield curve in the United States, Japanese debt at over 400% of GDP ... this can’t end well.

https://youtu.be/XGx5_jDXUJM  

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 <center><br><a href='https://www.peakprosperity.com/weve-arrived-at-the-end-of-the-road/'>Source of shared Link</a><hr><br><a href='https://dlike.io/'><img src='https://dlike.io/images/dlike-logo.jpg'></a></center>
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@partiko ·
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@phoenixwren ·
Thank the Gods for crypto... :)
Have a @steembasicincome share!
![](https://cdn.steemitimages.com/DQmduTaQoMEj6eArQfkfQB5m8JCkEwVbUKw8K9qmeWdvr1P/image.png)
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@angryman ·
Well...thank goodness that it's *all* Monopoly money anyway...
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@steem-ua ·
#### Hi @preparedwombat!

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Your **UA** account score is currently 4.820 which ranks you at **#1418** across all Steem accounts.
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@scottyt ·
Most people think it's not that big of a deal, because that's what they've been told.
I am blown away by what people don't know, and don't want to know. 
    Ignorance is bliss, until it's not.
👍  ,
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