The United States of America Claims Bankruptcy! (tags)
After taking on more than 14 trillion in Federal debt, the housing market in the United States dropped 40%, and the United States was burdened with another 10 trillion dollars in mortgage debt. The FED’s spending did not stop there, another 2 trillion was spent bailing out companies and banks. US treasuries faltered and failed as global wealth funds dumped the dollar. FANTASY? Economic Fascism and The United States