YouTube Video: Education for the kids (and the Congress)

theroadwarri0r on YouTube just uploaded this video and left the comments below. Note in the video where the debt is mentioned to be at 5 trillion dollars. Seems like chump change compared to today.

– Rourke


 

 

“Isn’t the prescience of this video amazing? Do any of you remember seeing this back when you had to actually stand up to change the channel on Saturday mornings? This wasn’t that long ago, and look at our country now…well over $16,000,000,000,000 (sixteen trillion) dollars of debt as of 2012.

Beyond unsustainable.”

– theroadwarri0r

 

how to bug in

20 survival items ebook cover

Like what you read?

Then you're gonna love my free PDF, 20 common survival items, 20 uncommon survival uses for each. That's 400 total uses for these innocent little items!

Just enter your primary e-mail below to get your link. This will also subscribe you to my newsletter so you stay up-to-date with everything: new articles, ebooks, products and more!

→    


By entering your email, you agree to subscribe to the Modern Survival Online newsletter. We will not spam you.

Print Friendly

5 Comments

  1. ANyone can understand the problem by simply multiplying 16 trillion by the more normal or average interest rates paid in the past. Today te Fed is holding interest rates down but they will inevitably rise and maybe even surge. The debt payment of $16 trillion with even a low rate of 5% is $800 billion. What if interest rates rise to the level of the late 70’s early 80’s? At some point our only option will be to default i.e. declare bankruptcy. What then?

  2. It was the potential for economic collapse, fueled by the national debt, that convinced me to become a “Prepper”. I think this child’s video is an excellent representation of the debt situation. It reminds me a little of the book Animal Farm.

Leave a Reply

Your email address will not be published.


*