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Determining America’s economic trends and world leadership position is no longer difficult; all we need to do is answer some simple but foundational questions – and the answer becomes startlingly clear.  Join in, and see if your own answer to these questions, if markedly different from the ones cited here, leads to a similar or a credible conclusion, giving you clarity on this important American citizen and investor issue.

Question One:  Will large government budget deficits continue, and grow?

Answer One:    Will politicians in government ever choose fiscal responsibility? 
 

Question Two:  Will inflation, reducing the purchasing value of currency, continue?

Answer Two:     Will government’s profligate spending ever be reduced?
 

Question Three: Will government debt grow to subsume and implode the dollar?

Answer Three:    Will our central bank continue to accommodate persistent government deficit spending?
 

Question Four:   Will interest on national debt, with other deficit spending soon force a reduction in Social Security payments for all citizens?

Answer Four:     Will the Social Security Fund deplete soon even without government spending diversion to wars or questionable global problems?
 

Question Five:    Will increased default rates on consumer credit cards, auto debt,  retail and commercial mortgage defaults finally confirm a weak  economy?

Answer Five:      Will American households, made poorer from price inflation and higher interest rates ever be able to spur the economy?
 

Question Six:   Will unrealized losses on government bonds held by banks cause more bank-run failures precipitating a long, deep recession?

Answer Six:     Will the Federal Reserve Bank invent new accounting not to be  bankrupt itself from its own huge holding of treasury debt?
 

Question Seven:   Will the price of gold and silver continue to rise?

Answer Seven:     Will the United States continue to print more fiat currency?
 

Question Eight:    Will our global reserve currency, the USD, continue to be increasingly rejected by other nations, and decline in value?

Answer Eight:       Will the United States continue to intervene in other sovereign country economic or political issues?
 

Question Nine:   Will the United States continue its decline as the global leader?

Answer Nine:      Will our moral and cultural decline continue, precipitating and funding direct or proxy foreign wars important only to maintaining our  global hegemony, but not important to our real national security?
 

Question Ten:   Will we soon experience a multi-year economic depression, which due to loss of trust in governments will cause the global dollar reserve currency to lose its status, resulting in the dethroning of our long-held  unipolar global leadership position, yielding it to a BRICS plus and other nation multipolar world leadership structure, destroying debt-based currency bringing with it a new technology-driven internet-3 blockchain and asset-backed currency and financial system?

Answer Ten:      What conclusion is implied from all the previous answers?

The previous questions and answers adequately resolve the state and direction of our economy, currency, and the direction of our global status as a leading country.  It is interesting that these questions may be more readily and correctly answered by a psychologist rather than the most highly educated and genial economist.  After all, most of policy choices and spending are made by politicians rather than economists.

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