World War III Clock?

Right NOW:


The US National Debt is:

Refresh this Blog page to watch it rise....


What happens when a bully[America?] can't pay back what it owes?

What happens when the one being bullied[China?] decides to use it's kung Fu?

The current RECESSION, [Peter Schiff] argues, is only the beginning of a larger economic restructuring. The American economy has been destroyed by years of reckless spending and borrowing. And now, the U.S. government is so deeply in debt that at some point in the very near future, he says, its lenders - namely China - are going to come to their senses and cut America off. "We can't have one country that just borrows and one country that just consumes that's supported by the rest of the world. It doesn't work." When this system collapses - and it inevitably must, he insists - inflation will run wild as the U.S. prints money to support its spending habit. Interest rates will jump and everyone will suffer. The real day of reckoning is still to come.


Peter Schiff on Creating Jobs