SovereignLife Freedom Blog

Yes, the USA is bankrupt – but you wouldn’t know it by reading the news. The talk is always about spending more money (money it doesn’t have) on economic “stimulus” packages, perpetual foreign aid and never-ending wars. And no one is brave enough to shout, “The Emperor has no clothes!”

But it appears the reality of US bankruptcy is seeping through the cracks and starting to become discussed in respectable circles. Boston University Economics Professor, Laurance Kotlikoff, spells out the dismal situation here …