Lolcano

On January 3rd, the US Federal short term debt showed up at $34 Trillion dollars.  This doesn’t take into consideration of the long term liabilities on the balance sheet of country that go to the promised social security & Medicare payments for seniors.  That would add another $80 Trillion to the tally.  But this simply is the accumulation of decades of losses on the profit & loss statement of the country.  In this episode, I’m going to float a theory on how the USA will clear this debt quickly, but I don’t think you are going to like it…