Today, the electoral college will select Joe Biden to be the next President of the United States after an obviously tampered with election, signaling an end to democratic elections in this country. Half the nation either supports this or doesn’t care.
Eight and a half years ago, I posted that the US was running out of money and would become eventually insolvent and ungovernable. In fact, I have been saying for over a decade that the USA cannot exist forever at our rate of spending. For the fiscal year ending October of 2020, the United States’ Federal government borrowed $4.2 trillion. FY 2019 saw the US borrowing $1.2 Trillion. FY2018 $1.3 trillion. FY2017 $700 billion. The sudden acceleration is a sign that hyperinflation is coming.
More than half of the population of the US is currently locked in their homes, and has been for more than 8 months.
All of this is being blamed on COVID.
In either case, that which cannot last forever will not last forever. No matter what 2021 brings us, no one can deny that 2020 was an interesting year in the Chinese proverbial sense.
I don’t think 2021 will be any better. In fact, I think that things will be much, much worse.