Historian warns of sudden collapse of American ‘empire’ | WHAT REALLY HAPPENED


Historian warns of sudden collapse of American ‘empire’

He said the U.S. is now deeply in the red as a country because of a combination of the Great Recession, the resulting federal stimulus and financial bailout programs, two wars, the Bush tax cuts, and a growth in social entitlement programs.

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He left out two major factors, the loss of manufacturing and a private central bank issuing the public currency at interest.

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