What the is going on, America?

It's a complete and utter demolition of our financial health.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

$37.5 trillion.

That's the current level of the U.S. debt load.

And we're on track to add $1 trillion in debt every five months.

According to the U.S. Government Accountability Office, we're "on an unsustainable fiscal path that poses serious economic, security, and social challenges if not addressed"

Washington's answer?

The Big, Beautiful Bill – which is expected to add $4.2 trillion in debt.

An amendment to the Tax Cuts and Jobs Act – expected to add $4.6 trillion in debt.

This is a joke.

This is not fiscal policy.

It's a complete and utter demolition of our financial health.

And the cracks are beginning to show.

Moody's joined Fitch and Standard & Poor's (S&P) as the latest credit agency to downgrade the U.S.'s credit rating from its once-sacred AAA status (the highest level possible) – a privilege America held for generations – citing an "inability of the nation to address large and growing deficits."

We now sit alongside Austria, New Zealand, and France… but with a far worse balance sheet of 119% debt-to-GDP and deficits running over 7% annually.

If the dollar weren't the world's reserve currency, our rating would already be much lower.

This is our third downgrade in twelve years.

And each one is another sign of faith eroding in what was once considered one of the "safest" assets on Earth.

Yet no one in power is doing anything to stop it.

Already, interest payments have exploded: from an average of $332 billion a year just a few years ago to $880 billion last year — on pace to average $1.4 trillion annually over the next decade… a figure the U.S. simply cannot sustain.

As credit ratings fall, borrowing costs rise… the deficits grow… the debt explodes… and the cycle repeats, faster every time.

This is the exact scenario I warned about nearly 15 years ago.

In 2011, I released one of my most controversial reports, The End of America.

At the time, many economists mocked it. Some called it alarmist. Most simply ignored it.

But everything I predicted back then is now unfolding.

Exploding debt. Downgraded credit. Soaring interest payments. The weakening of the U.S. dollar's global status.

It's all coming true.

Maybe you didn't listen to me at the time.

I get it. The crisis still felt far off.

But now it's here.

And if you care at all about the financial future of your family, you need to listen to me now.

Because this time we're entering a zone from which I believe there is no easy return.

Even Ray Dalio – the man who's tracked 500 years of debt cycles – warns we are heading into "very, very dark times."

So ask yourself:

Is your portfolio built to survive what's coming?

Honestly… probably not. 

There's a good chance you'll get dragged into the abyss, holding the wrong assets, just like millions of others.

But that doesn't have to be your story.

Let me show you exactly what to do.

Good investing,

Porter Stansberry

 

 

Update your email preferences or unsubscribe here

345 N Reid Place #620
Sioux Falls, SD 57103, United States of America

Terms of Service

Subscribe to receive free email updates:

0 Response to "What the is going on, America?"

Post a Comment