Note: The empire is imploding. The refusal of white America to do something about justice for her so-called free slaves is bringing her into the same type of judgment that God brought upon ancient Babylon. The collapse is assured….”America now is at war with God through God’s people (the so-called Negro.) The confusion and the plagues of the country with disasters, one after another, is divine retaliation against white America’s evil doings and intentions, against her once-slaves and her false friendship, which has her opening her homes to integrate the people of God with them who by nature are different or foreign. The white man has poisoned our people’s minds so thoroughly that they fight against their own God and salvation to gain the favor of their own enemies.
The call of Islam, the true religion of God to us, the once-slaves of America, is the same call telling us to flee out of the American way of life so that our lives may be saved from the divine destruction of a non-repentant enemy (Jeremiah 51:45.)
Divine plagues and foreign wars are now destroying the American standards of life and money.”-Chp32(tfoa)
The national debt of the United States has surpassed $19.5 trillion. According to the US Treasury, the debt will reach $20 trillion by the end of Barack Obama’s term.
“Figuring out how to handle the national debt will be among one of the first challenges for the new president and Congress to figure out. On March 15, the debt ceiling will be in effect again, and the new ceiling will be whatever level of the debt the US has incurred by that point,” the article read.
As for the presidential candidates, neither Donald Trump nor Hillary Clinton has proposed concrete steps on controlling the debt.
In April, Trump said he would settle the current debt within eight years, two presidential terms. However, many economists that Trump’s proposals, including reviewing agreements with creditors, will not be effective.
Currently, the US government pays nearly 2.5 percent interest on its debt annually. For $20 trillion it is nearly $500 billion a year.
“The greater the federal debt, the more pressure the Federal Reserve feels to hold interest rates low,” it added.
At the same time, US Treasuries remain one the most reliable financial instruments in the market.
Earlier, the US Treasury published detailed information on the main holders of US debt, for the first time since the 1970s. China is the biggest holder of US Treasuries ($1.244 trillion). It is followed by Japan ($1.137 trillion) and the Cayman Islands ($265 billion). Russia is among the top-20 holders, with $86 billion.
Read more: http://sputniknews.com/business/20160904/1044958917/us-national-debt.html