Is America About To Run Out Of Cash Next Week?
And so the US Treasury has hit the proverbial paycheck to paycheck sustenance level. After burning $12.8 billion (without a change in gross debt) in cash today alone, and $75 billion in the month of March so far, primarily driven by a back end-loaded tax refund calendar, according to the Daily Treasury Statement, today’s cash balance dropped to the scary level of just $14.2 billion. Without the benefit of incremental funding, this is the same amount that the Treasury burns on a good day! In other words, we take back what we said about the US Treasury existing paycheck to paycheck – Geithner now has to scramble to find funding on a day to day basis. If tomorrow operating outflows surpass $14.2 billion (and, again, the amount was $12.8 billion today) the world’s “greatest” country (i.e. banana republic) runs out of cash, period. And as the following schedule indicates, there are no Long-Term bond issuances until next week (and the Bill issues are merely funding of rolling issues), we have some trouble seeing how the US Treasury will fund itself for the balance of the week… On the other side of the ledger, total debt was $14.164 trillion, with $50 billion left in the liquidating SFP account. That means there are just two more 56-Day CMB maturities left before the credit ceiling gimmick expires. Once that happens, and in the absence of any clarity on the debt ceiling debacle, America may soon grind to a halt as the incremental debt capacity is hit in just over a month.
(From 2007) Satan is desperately trying to save his beast. But no salvation will come for the United States. The financial crisis will worsen. All plans conceived will fail. The economy will go down in ruins. The government will take aim on the religious community to try and gain its wealth from the reserves of the churches, but all will fail as the debt ratio climbs and the economy continues to shrink into oblivion. Nothing can change this from happening. It’s Father’s will.
And because Father began the economic fall with Satan’s prized beast it will continue to quake a path of economic failures around the globe. It will be a domino toppling effect. Satan will be forced to consider the restructuring of the monetary system with the European Union leading the way. As the image of the beast rises to help end the worldwide crisis, the United States will sanction its authority.
Revelation 13:15 “He was permitted to give a spirit to the image of the beast, so that the image of the beast could both speak and cause whoever would not worship the image of the beast to be killed.”
Those that resist the rise of the image of the beast will be executed for resistance to the new authority. There will be a one world currency. There will be a removal of Christianity.