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Economy

Unfortunately, not one politician in Washington is focused on the national debt, unless it’s on how to raise it even more.

Peter Schiff, the CEO and chief global strategist of Euro Pacific Capital Inc. says that the real national emergency is not at the southern border.  The real ticking time bomb is the national debt.

“It’s never been wrong. It’s something to watch,” said Joseph Lavorgna, chief economist for the Americas at Natixis.

The retail apocalypse is accelerating, America’s debt crisis is starting to reach a critical level, and very challenging days are approaching for all of us.

The economy is very unstable right now, and all the signs of a coming recession on there. Will it happen in 6 months? One year? Two years? No one knows exactly, but the everything bubble the global economy is experiencing now will at some point, deflate.

Perhaps if the mainstream media would dare to actually publish how much money is stolen from Americans to pay for the lavish lifestyles of the wealthy rulers who dictate their lives, we would have a lot more people demanding their freedom from the totalitarians they voted for.

The national debt is an existential threat to the future of this nation, and we are systematically destroying the very bright future that our children and our grandchildren were supposed to have.

It’s only a matter of time until this system built on debt and theft comes crashing to the ground.

The federal deficit is expected to reach $897 billion in the fiscal year 2019, alarming many economists.

If nobody blinks for a couple more months, the economic consequences of this government shutdown are likely to be quite severe.