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There is NO VALUE left in the USA...not with it's debt and accts payable obligations. The USD has been run out to support the continuation of these obligations. Americans have borrowed their way into oblivion to support their hedonistic life style. Everybody went along for the ride..

With those levels you are dead men walking..and for the most part don't even know it. The USD is the Bedrock of the Global economy, there isn't an alternative as nothing else has scale ability or credibility. Everything else that you see are the distortions caused by the stress of a system that is unraveling. People have become delusional in trying to bitterly hang on to their perceptions of being a rich nation in the face of a BK reality. They have gone Alice in Wonderland.

the fact that the leadership touts MMT shows you the lunacy of it all. They think that they can defy gravity. Nobody says no to it, no body stands in the way. Maybe they have come to realize that their is no other alternative except collapse..so they keep on keeping on? Kick the can on down the road..until they can't.

I do believe as I smell a whiff of it in the wind and I am running with it that the worm has turned and that a global adverse shift has occurred with the USD.. It is in the nascent stage..of something bigger to come. It is like hearing the very faint rumbling of thunder in the distance and being able to discern what it is.

Back in 09 or 10 I said that we were in the EYE or quiet of a hurricane and that we were going to revisit the other half of the storm down the road. We have solved nothing, the leadership has not even been able to identify and or clarify the causation. Thinking that peripheral fixes would return the world to prosperity which was in fact debt based.. Of which the causation is the US consumer was tapped out by 08, lessor paying job, no job, no savings and credit to the eyeballs (you need a broad based MC to support a Global Econ of Scale and with out it..) Which was the cause of anemic Demand. The Global Econ of Scale is voracious requiring ever greater demand to be sustainable and without it contracts into what amounts to a death spiral..Where debt and currency are the knife and gun of demise. We the people have pulled the trigger with our chase of secular materialism and perception of being prosperous and wealthy. In reality we are not only bk materially but intellectually and spiritually as well.