The Coming Collapse of America
- ISBN-10
- 1524529036
- ISBN-13
- 9781524529031
- Category
- Business & Economics
- Pages
- 226
- Language
- English
- Published
- 2016-09-16
- Publisher
- Xlibris Corporation
- Author
- Ken Casey
Description
This book is designed to demonstrate the precarious position of this country due to its huge debt. By 2020, the debt-GDP ratio of this country could well exceed 120 percent, which is considered the tipping point by the IMF. After such time, this country will suffer inflation, which will dampen investment, diminish the real value of savings, and result in a recession or depression. The primary solution for this country is to reform its entitlement programs and balance the budget. The book addresses how this country can enact a balanced budget amendment to the US Constitution to stem this nations huge debt and how membership in the Libertarian Party can foster this enactment. This book shows how to privatize social security, Medicare, and Medicaid through individual savings accounts. The book also shows how this country can develop a low-cost catastrophic hospital plan as well as a low-cost GP (family doctor) insurance plan.
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