Check out what the balance of trade deficit has been running even since our corporate masters decided to strip this country of industry and decent jobs and send them all offshore.
We have two sources of debt, then: govvernment debt because they want an imperial military but the rich refuse to pay for it; and trade debt because they've offshored all the factories and paychecks and left this country stuck with the bills.
This system is simply unsustainable. Something will have to give, and I'm afraid we will be the ones to suffer the consequences for the greed of the wealthy and corporate and the profligacy of the powerful.
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