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02.25.2018 –   US Gross National Debt Spikes $1 Trillion in Less Than 6 Months

And these are the good times.
As of the latest reporting by the Treasury Department, the US gross national debt rose by $41.5 billion on Thursday, February 22, to a grand total of $20.8 trillion.
Here’s the thing: On September 7, 2017, five-and-a-half months ago, just before Congress suspended the debt ceiling, the gross national debt stood at $19.8 trillion.
At that time, I was holding my breath waiting for the gross national debt to take a huge leap in a single day – as it always does after the debt ceiling gets lifted or suspended – and jump to the next ignominious level. It sure did the next day, when it jumped $318 billion.
And it continued. Over a period of 8 weeks, the gross national debt jumped by $640 billion. Four weeks after that, it had ballooned by $723 billion, at which point Fed Chair Yellen – whose cheap-money policies had enabled Congress to do this for years – said that she was “very worried about the sustainability of the US debt trajectory.”

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“No” Vote From Congress, High Probability Of A False Flag- Episode 156

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Russia has moved more ships into the Mediterranean and China has ships on their way. The US is compiling any evidence they have to prove that Assad used chemical weapons. The UN has not finished compiling the evidence so the results are not in. The US job numbers came out and unemployment was reduced by 1%. The President indicated at the G20 that the FED will begin tapering, the central banks of central banks are saying to taper. Congress comes back into session on Sept 9th. The people of America are saying no to war, will Congress listen.

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Current News


Economy

Spain industrial output falls for 23rd consecutive month

  • Official data shows Spain’s industrial output has fallen for the 23rd consecutive month as domestic demand crumbled in a job-wrecking recession.
  • Spain’s National Statistics Institute presented the data on Friday, revealing that the country’s factories and utilities reduced production by 1.4 percent year-on-year in July.
  • This follows another 2.2 percent drop in output on an annual basis in June.
  • The institute also revealed that the production of durable consumer goods such as cars and home appliances plunged 10.5 percent. Analysts see the large drop as a worrying sign for the economy.
  • Another report by the institute on August 27 showed that the country’s recession is far worse than predicted, as the country’s economy shrank in 2012 by 1.6 percent, which was 0.2 percent more than expected.
  • Spain, which is the eurozone’s fourth-largest economy, is struggling to come out in this quarter from a two-year recession, which has affected millions of jobs and increased national debt.
  • The deep recession has driven the country’s unemployment rate to a record high of 27 percent in May. Official figures show that the total number of unemployed people has passed the five million mark. Continue reading ““No” Vote From Congress, High Probability Of A False Flag- Episode 156″