We have hit the iceberg yet our "Captains" are arguing over when dessert will be served! U.S. Treasury Warns of What's to Come: "Catastrophic Effect... Could Last for More Than a Generation"

U.S. Treasury Warns of What's to Come: "Catastrophic Effect... Could Last for More Than a Generation"

While all the political hoopla in Congress will eventually lead to an agreement on raising the debt ceiling, the fact is that we are very quickly approaching our limit as a nation.

At some point our creditors are going to pull the plug. 

They understand that the $200 trillion in obligations we have will never be met. Countries like Russia, China, and even the private central banking conglomerates are positioning their chess pieces right now for when this day comes.

The end result is going to widespread financial and economy destruction, a meltdown of the U.S. dollar, and a collapse of our very way of life as tens of millions of Americans will be instantly impoverished.

Economic analyst John Williams has warned that when it does finally happen, we can fully expect disruptions to our food supplies and the normal flow of commerce.

Without the U.S. dollar as a viable mechanism of exchange, such a  scenario could very quickly lead to civil unrest, violence, and widespread looting. 

While most Americans may deny that the possibility exists, it’s exactly the scenario that U.S. Homeland Security experts and the Pentagon have been simulating for years.