This is no exaggerated number here. The Federal Reserve itself uses $100 trillion as a ballpark figure for the US debt on all future liabilities due to our welfare-warfare championing government. You can read the speach given by Dallas Fed Chairman, Richard Fisher, where the $100 trillion is outlined. For a more reader friendly version, check out Bill Walker's LewRockwell.com article.
Compare the $100 trillion number to the entire value of all the world's gold ever mined - only $4.2 trillion. Is this amount of growing debt sustainable or is the US headed for bankruptcy?
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