Trump Said He Didn’t Want This, But Obama’s Giving Him this (Nasty) Parting Gift Anyway…
Our nation’s president-elect is a businessman who understands debt, and how to successfully manage his companies through bankruptcy. It’s why he calls himself “The King of Debt.”
So, when it comes to debt and bankruptcy, Trump knows exactly what he’s doing. Here’s why that matters…
Obama Has Practically Bankrupted America!
In his disastrous 8 years in office, Obama has brought the United States to the brink of financial ruin. Just think, before Trump takes office, the national debt will hit $20 trillion. And, the government must borrow money faster and faster just to keep running.
In order for this to be possible, interest rates MUST remain low. This is why the Fed has kept rates near zero for so long.
If interest rates rise, the cost of borrowing will also rise. And since the U.S. government has to borrow billions every month just to make the minimum payments on its debt, high rates would jeopardize the government’s ability to borrow and service its debts.
This Financial Time Bomb Is About to Explode…
Thanks to low interest rates, we are now living in a massive “bubble economy.” And it’s waiting to pop. Trump knows this. Before winning the election, he said:
“We’re in a bubble. And, frankly, if there’s going to be a bubble popping, I hope they pop before I become president because I don’t want to inherit all this stuff. I’d rather it be the day before rather than the day after…”
Like it or not, Trump has inherited Obama’s big, disgusting financial mess. And unless there is a miracle, Trump will have to deal with nothing less than…
The Bankruptcy of America
If America can’t repay its debts, can you imagine the FINANCIAL CHAOS that would erupt? Can you imagine the panic and desperation?
Today, this idea may be unthinkable. But it could quickly become reality if interest rates rise – and Trump is prepared for this possibility. (Remember, he suggested he could “make a deal” if America was unable to pay its debts.)
Don’t wait for America to go bankrupt. Act now to protect your savings by moving into gold – one of the few assets usually goes up when the economy implodes.
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But I must remind you that there may not be much time left to begin moving into gold. America is on the brink of financial ruin. If we miss even one debt payment, it’s going to trigger a chain reaction of devastating financial events that cannot be slowed or stopped.
Last Thing: No matter what happens, gold is a time-tested and proven way to protect your savings during times of uncertainty (like right now). Request your FREE Info Kit on Gold now – while you still can.