Survive-Again Survival Guides

Guides To Surviving and Thriving In Difficult Times

Financial, Health, Political, and Social

Helping people take charge of their lives

Financial Survival Guide

Now our country is involved in yet another war, we are in serious economic trouble, and most people do not know the full extent of what is happening. They see ominous signs - many are personally struggling, but don't and cannot know the full extent of the dangerous road ahead unless they avid readers of hard-hitting ecomomists like Robert Kiyosaki.

I am going to attempt here to provide a simple explanation of what is happening to us economically. It is really quite simple elementary school arithmetic. It is this same arithmetic that is used every day by the finance person in every business, and typically by the person in every family responsible for maintaining the family finances.

Here is the simple arithmetic: income - expenses = (if + surplus, if - debt)8:51 PM 6/3/2026

The problem is debt. It's a big problem, in every business, in every household, and in the U.S. government. Very long ago, the U.S. government - actually like many other governments - made the decision to violate a basic principle of economics: to spend more money than was being taxed, and to borrow money from banks to provide the difference. The banks were more than willing to go along, because they were earning interest on that borrowed money. And the debt was never resolved. It became a permanent debt, a fixture, and the interest payment a permanent added expense.

That debt is now unsustainable. And wars add enormously to this debt. Payments to the defense contractors who provide the weapons of war, payments to the troops fighting the war, are enormous. The current war against Iran is running up a bill of $1 billion per DAY.

There have been two things that complicate all of this, but to put it simply, they are factors that just made that simple debt equation more urgent. First, in the 1970s and 1980s, U.S. corporations decided to pursue cheap labor in China and other countries around the world where workers were paid much less than U.S. workers, which meant that many people here had to rely on government assistance to survive. Second, politicians in our Congress decided to reduce taxes on wealthy people and corporations. The result was that the U.S. debt - and the amount of interest paid on it - skyrocketed.

The current U.S debt is now about $39 TRILLION! That is even more than the entire annual dollar value of all good and services.

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