We Are Witnessing The Collapse Of America As We Knew It
The Michael Berry Show
KTRH
4.8 • 2.3K Ratings
🗓️ 7 August 2023
⏱️ 9 minutes
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| 0:00.0 | The Michael Berry Show. |
| 0:01.8 | The US government is issuing a massive flood of debt to cover deficit spending. |
| 0:16.2 | And this is getting very little attention. |
| 0:21.3 | Let me put this into perspective. |
| 0:23.3 | I've got two pages of notes here, so I have to go back and forth. |
| 0:29.1 | All right, here we go. |
| 0:30.1 | The US government over the past 12 months has spent 6.7 trillion dollars over the last 12 months. |
| 0:49.7 | That's up 14% over last year, which was already high. |
| 1:00.1 | We are now spending only $900 billion less than when we handed out $4 trillion in a year, |
| 1:10.8 | and that was added into it. |
| 1:13.9 | We are spending at 2020 levels, and 2020 was supposed to be a once-in-a-lifetime event |
| 1:21.1 | because of the pandemic. |
| 1:24.8 | During that time of $6.7 trillion of expenditures, the US deficit is at $1.4 trillion, which |
| 1:35.2 | is up $1 trillion over last year, when it was $400 billion. |
| 1:43.8 | Talk about a too big defail. |
| 1:47.8 | This has gotten so out of hand that you sound crazy describing it because it's that bad. |
| 1:59.2 | And you can't stop this overnight. |
| 2:02.2 | You'll have to shut down entire departments. |
| 2:06.5 | And they're wanting to go to war in Ukraine? |
| 2:10.8 | We're watching the collapse of a nation. |
| 2:16.0 | We're now spending 44% of our gross domestic product. |
| 2:21.4 | The same levels as World War II. |
... |
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