Why WW3 Is A Mathematical Certainty
May 08, 2011
– Comments (16)
The annual DEFICIT is approaching 3X Income Tax receipts. You would have to triple income taxes to balance the budget. But if you tripled income taxes, spending would evaporate and so would our Industrial Economy.
You can't cut the deficit either because think of DEFICIT like a government credit card with a 30% rebate coming back to government in the form of taxes. It is the DEFICIT spending that pays government workers, health care workers, and our military. They in turn pay a lot of taxes.
At $1.6 TRILLION dollars, our DEFICIT generates over $500 BILLION in income taxes....or over half of all income taxes received by government.
Thus, if you tried to balance the budget, you would have to double everyone's taxes to make up for the decline in tax receipts. That too would cause a massive implosion of our economy.
BUT YOU CAN'T DO NOTHING EITHER....
Because if we keep printing, the dollar will soon be worthless as the world will lose respect for a currency that is only backed by a massive military and relatively little else. We are already seeing evidence of the collapse of the dollar with $4 gas and commodity prices doubling over the past year. Another double and all heck will break loose in America and the rest of the world....as it already is in many nations.
The easiest action for government to take is start a really BIG war....really BIG.....so people no longer worry about money and only about saving their lives. In war, we work for free by volunteering or very little...
You learn to put your country before yourself.....like what you should have been doing for the past few years when I was warning you about the Zombulator....but you couldn't, you simply couldn't take your eyes off the ticker as movies like INSIDE JOB showed you the game was just a Ponzi Scheme.
You knew on 9.09......and 9+9=18......................18 months from 9.09 is 5.11.
AND NOW THE WAR BEGINS AROUND THE WORLD AS THE INDUSTRIAL AGE GOES BANKRUPT AND WE SET THE STAGE FOR THE DIGITAL AGE.
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