The writing is on the wall:
U.S. Comptroller General Gene Dodaro, the man responsible for assessing the federal government’s fiscal condition, told a Senate panel Wednesday that the government will soon owe more than the entire economy produces.
During a Senate Budget Committee hearing on the Government Accountability Office’s (GAO) audit of the federal government’s fiscal year 2015 financial statements, Dodaro said that despite a modest reduction in the annual budget deficit, the national debt remains a serious and growing problem.
You can read the rest @
http://www.thenewamerican.com/usnews/congress/item/22948-national-debt-will-soon-eclipse-gdp-says-comptroller-general
If you want to know how this ends, read Confessions of an Economic Hit Man by John Perkins (hint - it does not have a happy ending, at least not for We The People).
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