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I don’t think 99% of Americans understand what is happening— this is the beginning of a ‘73-‘74 U.S. default. What happens next will be a social and economic disaster for most Americans. Scapegoats will be found, but the fault lies squarely with Congress: they have spent generations of money we don’t have. And now they’re stealing it (via inflation) from our creditors.

porterstansb ↗