It is self-evident that the Earth has finite resources. So do nations, and so do individuals.
For instance, if I consistently spend more money than I make, then the people who don’t get paid are going to come to me wanting their money. And so, until I pay the debt, I will have to actually live on far less than I make, so that I will have a surplus with which to pay the debt.
The same is true of nations. Obama and the progressive democrats are doing exactly that – consistently spending at a far, far greater rate than we the people can produce – a truly unprecedented, an astounding rate. They can only do this for a few years, before the bill comes due. It is tragic that the majority of our citizens apparently have not realized and understood what Obama is doing. The money Obama is squandering is our money.
I see only two alternatives.
If law prevails, when that bill comes due, we the people will have to live, probably for generations, with a much lower standard of living than we could have achieved otherwise, in order for our generated wealth to pay the debt that Obama is building up.
The other alternative is that there will be some sort of general collapse of governments everywhere, and world war, because of the U.S. defaulting on the loans. In that case, the debt will be cancelled because the creditors will be dead, or we will be.
It’s got to be one or the other.
I suspect that one day, some years from now, Obama will be the most hated man on the planet.