TV News LIES

Thursday, Apr 02nd

Last update01:29:44 AM GMT

You are here News Economy One Nation Under Debt With Endless Debt Slavery For All

One Nation Under Debt With Endless Debt Slavery For All

E-mail Print PDF

Our entire economy is now based on debt.  We are told that we have to go into debt for everything.


Debt is a "soft" form of slavery.  In America today, it is not legal to bind people up with chains and force them to work for you, but that doesn't mean that there are not millions upon millions of slaves in this country.  When you borrow money, you willingly become a servant to the lender.  Sadly, there are millions of Americans that will spend the rest of their lives working to pay off their debts but they will never escape the endless debt slavery that they have gotten themselves into.  When you add up all forms of debt in the United States at this point, it comes to more than 54 trillion dollars.  That is more than $178,000 for every man, woman and child in America.  We truly are one nation under debt, and we have created the biggest debt bubble in the history of the planet.  Unfortunately, all debt bubbles eventually burst, and when this one bursts the consequences are going to be unlike anything ever seen before.

Our entire economy is now based on debt.  We are told that we have to go into debt for everything.

Just think about it.

Most young adults start their lives by going into huge amounts of student loan debt.  Young people are told that they won't be able to get a good job without a college education, and most of them can't get a college education without taking out huge loans.

More...


Most Recent Related Stories...


SEC ruling is a major victory for whistleblowers

Whistleblowers muzzledIn what is being called a landmark ruling for whistleblowers, the Securities and Exchange Commission announced...

Exposing America's Billionaire Welfare Ranchers

billionaire welfare ranchersAmericans love ranchers: Gritty ranchers, mom-and-pop ranchers, renegade ranchers — especially those who raise livestock on...

Feds aim to protect low-income users of ‘payday’ loans

payday loansEach month, more than 200,000 needy U.S. households take out what’s advertised as a brief loan.Many...

AIG investors' $970.5 million settlement wins U.S. court approval

AIG settlementAmerican International Group Inc (AIG.N) shareholders won approval on Friday of a $970.5 million settlement resolving...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!