We’ve heard about various ‘bubbles’ and how allowing them to happen can have disastrous consequences.

The tech bubble and the housing bubble are a couple examples.

Now, the biggest bubble of all, with the most at stake: the US Bubble aka the Obama Bubble.

In the next year the federal government has $2.3 trillion to spend. It is BORROWING another $1.3 trillion so it can spend a total of $3.6 trillion.

Deficit spending of 50 PERCENT is unsustainable, yet this is a rosy projection given unrealistic estimates by the Obama administration of future revenue.

Basically, this is a spending bubble that will ultimately have to collapse with dire consequences for our country.

The US Bubble
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