US Worse Off Financially Than Euro Nations

Prophecy Sign:  A coming global economic collapse

Europe in a debt crisis.  Japan with a debt to GDP ratio of over 200%.  America with a debt so big it can be measured in thousands of miles when measured with stacks of bills. How is all this sustainable?  It's not and will, in the very near future, collapse.  When it does, it will allow for the new financial and economic world order of the Antichrist to be established.

Now listen, you rich people, weep and wail because of the misery that is coming upon you. Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. James 5:1-3 NIV

From the articles:

The US is spending $4 billion a day more than it is taking in, putting the country on an unsustainable fiscal path perpetuated by both Democrats and Republicans, according to David Walker, head of the Comeback America Initiative. In fact, according to an index that Comeback America developed, the US is in worse shape from a fiscal standpoint than debt-plagued nations such as Italy or Spain, he said.

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President Ronald Reagan once famously said that a stack of $1,000 bills equivalent to the U.S. government's debt would be about 67 miles high. That was 1981. Since then, the national debt has climbed to $14.3 trillion. In $1,000 bills, it would now be more than 900 miles tall. In $1 bills, the pile would reach to the moon and back twice. The United States hit its legal borrowing limit on Monday, and the Treasury Department has said the U.S. Congress must raise the debt ceiling by August 2 to avoid a default.

US Worse Off Financially Than Euro Nations

http://www.cnbc.com//id/43134077

Pile of debt would stretch beyond stratosphere

http://www.reuters.com/article/2011/05/19/us-usa-debt-size-idUSTRE74I5TL20110519