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America’s finances. YVhat he learned so alarmed this calm professional accountant that he and others produced the book and video to “waken" us all.
If we make needed chapges. Walker says, “. . . we can make sure . . . the United States is the first republic to stand the test of time.” Left unsaid: No republic to date has endured - all self destroyed by failure to keep spending and income balanced. There's no free lunch Killing the goose won’t produce endless golden eggs.
Every citizen should read the book, see the video. No adventure, glamour, or sex. Just a scary look at the future if we don't slow spending, increase savings. The younger you are, the more vital you understand this. Political leanings don't matter
Let me illustrate with an imaginary example: “Jimmy Jenkins." tnot a real person* succeeds in business He doesn't save. Generous, he promises his and his brother's children a college education, then a cousin's too. Life is good. He and his wife live well.
But things change: Jimmy loses his job due to illness. Income drops dramatically, but he keeps spending. He falls behind on credit cards bills. Interest charges mount. He gets more cards. College expenses begin; he borrows against home equity. Years of college costs consume home equity; he borrows just to pay
69.3%