U.S. Debt and War

Default on national debt will come via war on citizens or countries.

“The wicked borrow and don’t repay, but the righteous give generously” - Ps. 37:21.

Disclaimer: I’m neither a financial advisor nor do I ever give financial advice. You must research and think critically about economic issues and make decisions yourself.

_______

Like nearly 75 million Americans, by 2030, Rachelle and I will be at retirement age.

Where do you invest your money for the next six critical years?

Rachelle and I recently listened to a brilliant podcast by Martin Armstrong, founder of Armstrong Economics.

Martin’s resume is unparalleled.

He made a statement on the podcast (and I quote it directly at the 16:20 mark):

“I can tell you that you don’t want to own any federal, state, or local government debt.”

United States government debt is funded in the form of U.S. Treasury Bills (one year or less), U.S. Treasury Notes (2 to 10 years), or U.S. Bonds (10 to 30 years).

China, Russia, Japan, and other foreign countries have been the largest buyers of United States Treasury Bills, Notes, and Bonds.

No more.

If you hold U.S. Treasuries, Bonds, or Notes as an American citizen, you must realize what may be coming to United States debt.

A U.S. government default on bonds will hurt U.S. retirees and enemy countries to the U.S.