This is such an obvious question. Yet how many people on CNBC or MSNBC have ever answered it for you? You are left to assume that the US is such an incredibly efficient and hard working nation, that everyone trusts us to pay that debt off at some point in the future…. Right? Anyone? Bueller? (Ferris Beuhler’s Day Off reference for our non-US readers).

The current global social and economic collapse we are witnessing right now was accurately predicted by MCR in April of 2011.  In this video he provides further analysis on the current accelerated unraveling of the global economic paradigm.

Oil is back over $100 today in case no one noticed. All this debt cannot be repaid without cheap oil. Mother Earth cannot afford to and will not pay Petroleum Man’s debts...

July 20, 2011, SEBASTOPOL – I just read the above article. It hit so hard. I had all of this in “Crossing the Rubicon”. It is right there on pp 544-545 and 549-550. Read them if you’re into horror movies. Like pretty much everything else, this is happening the way I said it would. The record’s clear… not that it matters much now.