We hear in the news and other places about how much our national debt is. Right now it’s around 18.5 Trillion dollars. I would put it in numbers, but I’m not sure I would get the zero’s right because there are so many. It’s hard to even wrap one’s mind around how much money that is.
I was watching a video today with Chuck Missler who is my most favorite Bible scholar and teacher. He explained it so my mind could wrap around it. I want to share it with you. If we were to pay our national debt back at $1 per second it would take only about 12 days to pay back 1 Million dollars. At $1 per second it would take us about 31 years to pay back 1 Billion dollars. Our nation could probably do that without much problem, but to pay only 1 Trillion dollars of our debt at $1 per second it would take 32,000 years. That makes it pretty clear to me that our country will never pay it’s debt.
The only thing keeping our nation afloat is our ability to print money because we are the world reserve currency. How much longer do you think that will last the way we are going now?
Here is the video I got these figures from. I hope you will watch it. Jim Baker annoys me, but Chuck Missler is always worth listening to and paying attention.
So what do you think? Is our nation doomed for a financial crash?
Your friend, Harley concerned for our country