Ten Dominos to fall by 2024 Bursting the Derivative Bubble of $600 Trillion Dollars (Bankruptcy of a Country Happens Gradually Then Suddenly).

Derivative value: meaning deriving value from an underlying variable asset. Derivative bubble: The stock market, debt, deficits, inflating economy, and weak$. With Open Borders and 2 million illegal refugees and migrants being welfare cases? Cost/Afghan exit? Higher taxes? The deferment of the debt ceiling of $22 trillion with current debt per the debt clock (www.usadebtclock.org) of $28.5 trillion? With inflation at 5 to 10%? Declining value of the $1 to $.38 in 2000? Increase in the consumer price index of .9% in June to 2.0 in September?  With the Fed contemplating interest discounts to their banks being increased from .09% in 12/20/20 to 2.5% in 9/20/21 to 4% be end of 2021? With mindless leadership of the Democrat party proposing $2 trillion infrastructure bill and $3.5 climate change bill or a total of $5.5 to $6.2 trillion in spending over the next ten years that supposedly is paid for by increased taxes on the wealthy then requires trillions more of debt. Domino #1 the Biden administration, whose Wizard of Oz leadership ignores the debt ceiling resulting in spending deficits of $10 trillion to fund the Green New Deal, economic stimulus termed the infrastructure jobs bill to be funded by tax increases and the treasury’s printing press. Domino#2 the national debt if $158,000 billion $158,000,000,000,000,000 trillion using (GAAP) generally accepted accounting principles increasing at the rate of $300 billion per day. See the debt clock www.usdebtclock.orgfor true GAAP financial condition of America “A 1,000 billion here, a 1,000 billion there, and pretty soon you’re talking real money.” Senator Everett Dirksen’s quote converted to 2021 trillion dollars not yesterday’s billions. Domino#3 the 2021 Federal and State deficit spending $15,000,000,000,000,000 trillion using cash basis budgeting and accounting. Domino#4 the stock and bond markets (stocks 35,000 DOW, Treasuries $29,000,000,000,000,000 trillion in Federal recorded debt). Domino#5 the Federal Reserve Banking System cash reserves $500,000,000,000,000 billion excluding member banks. Non collateralized treasury bills, notes and currency issued to American banks. Treasury Secretary Janet Yellen suggesting a 100-year Treasury note may be necessary to defer interest yield to the next century. Domino#6 the impact inflation has on the economy … 1% means it takes $1.01 to buy a dollars’ worth of goods, 100% means it costs $2 dollars, etc. Domino#7 the value of the dollar impact on the cost of goods sold … a decrease in the value of a dollar means a dollar is now worth 50 cents … this means it takes $4 to purchase a dollar’s worth of goods The exponential impact drives prices up and demand down. This means America’s GNP costs 10% more to produce market ready products and demand drops 10% leaving a GDP stagnation of $4 trillion dollars or a drop to $17 trillion. Domino#8 the competition by China’s control of costs and pricing of the supply lines. This enables China to dictate the, cost, pricing and quality. This drives 15% of America’s GDP down $3 trillion dollars per year since our inflation of market ready products costs depend on China’s prices and shipping costs. Domino#9 the competition by Russia, Saudi Arabia, Iran and Germany for the cost of energy supplies for driving the American grid, limited manufacturing and distribution services. This drives the cost of energy up with the negative impact on American GDP of $1 trillion per year. Domino#10 will fall (reach the breaking point gradually then suddenly) as a $600 trillion-dollar derivative bubble burst into deep depression then bankruptcy.  Stagnation takes over as a bailout is imminent.