This week I am going to be focusing on educating you guys on a major financial problem. The US national debt is a worrisome topic for many investors investing in real estate, US bonds, stocks, and services. If it goes unchecked, one day the US will no longer be able to service its debt and have to declare bankruptcy. The major problem we see stems from the American people who do not want to see what they already have stripped away like healthcare, and local services. Major tax hikes and government spending cuts kill a lot of services that the federal government provides and some people have become so depended on these programs. In reality, fixing the debt problem before it becomes a runaway fiscal crisis really comes down to whether or not Americans are willing to give up some satisfaction from their way of life. If they do not, and the US declares bankruptcy, well Americans are going to be living in a BAD post dollar dominated world.
