Tony Robbins: The U.S. National Debt and Federal Budget Deficit Deconstructed

Although we may have to fudge over some of the opinions of Mr Robbins, he’s made an excellent video to demonstrate the huge fiscal hole into which the United States is plunging, in which trillions have become the new billions. In the video, he unfolds a thought experiment – Einstein style – in which he eviscerates the entire wealth-generating capacity of the United States and describes an ‘Eat-the-Rich’ political programme that even Uncle Joe Stalin might have balked at, and still, even despite this draconian thought experiment, he only enables state spending to continue for one more year before it enters a Soviet-style period of never-ending depression.

Although he never mentions it, the shadow of the printing press looms larger and larger as the video progresses:

Advertisements

About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
This entry was posted in Podcasting and tagged , , , . Bookmark the permalink.