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United States Federal authorities owes the international debt holders and national creditors $20 trillion and growing. Being unable to pay them would result in the global monetary system (which is established on U.S. Treasury Debt and the dollar reserve currency) to entirely collapse. You can not picture the financial panic and human suffering this would let loose all around the planet.
Is Your Retirement Account Safeguarded by Gold Against The Irrevocable Nonpayment of the U.S. Federal Government?