America’s Trade Debts Lead to a Likely Gold Confiscation

Federal agencies have indicated that the accumulated trade debts of the United States have reached $9 trillion. This can be explained once one realizes that outsourcing of production jobs and manufacturing has gathered speed over the last twenty years to a point where we don’t make more than a nominal percentage of our own necessities. These debts result in accumulated “TRADE DEFICITS” which are discussed in the daily papers. What is not discussed, however, is how these “trade debts” will ever be paid. Well, common sense would tell most of us that — they will be paid in some form....

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