The third phase of America’s Financial Endgame™ is the time when America’s bond market for government debt securities will collapse. The prospect of a bond market collapse is not a pleasant one, since it will result in the retirement plans and pensions of many people being simultaneously decimated. It is the unfortunate, and inevitable outcome of unlimited debt financed spending.
There is no way to tell how much longer the world will continue to finance the US government’s spending habits, and there is no way to tell exactly when the proverbial “bill” will come due. However, it is a matter of complete certainty that the current trajectory of spending on the part of the US government will eventually lead to a bond market collapse. It is my sincere hope that these events do not unfold, but it is also my sincere belief that the current national trajectory makes it only a matter of time before they do occur.
