Oct 4, 2021

The U.S. Has No Ability Or Intention Of Ever Repaying The Debt

The reason a failure to raise the Debt Ceiling will lead to a default on the National Debt is that the U.S. has no ability or intention of ever repaying the debt. It will only borrow to keep the Ponzi scheme going until lenders wise up and dump their Treasuries and U.S. dollars.

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