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🔹$33 trillion of federal debt
🔹$70 trillion of combined government, corporate and household debt
🔹$1 trillion of annual interest payments on debt
🔹$1 trillion of annual trade deficit
🔹$1 trillion of credit card debt with 20% interest rates
🔹Massive housing bubble
🔹Stock market inflated by financial engineering
🔹$600 trillion of derivatives – fugazi – pretending to be assets of banks
🔹All wealth effect induced by dollar’s temporary status as global reserve currency

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