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This short video – on the sustainability of government spending – should be
watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom.
So says Monty Pelerin (www.economicnoise.com) in edited excerpts from his original post*.
[Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.]
Pelerin goes on to say, in part:
Most people have no idea of the sustainability of government spending. The path which the government blindly follows ensures a complete and total collapse of the U.S..
The reasons for this outcome and its inevitability are explained in this short (5 minute) presentation by Hal Mason in an email that has been already been viewed by almost 3.8 million people worldwide]. The simplicity of his presentation allows even the economically illiterate to understand its contents. Simple arithmetic is sufficient to understand the impossibility of our current path and our inevitable ending.
[Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.]
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