Is China able to wage economic warfare against us? Do they even need to do that? Zach Abraham and I discuss that and the stunning amount of money the Separate Country of Washington spent to pretend to move people out of homelessness. Zach also responds to the article in Zero Hedge that makes these predictions (and also misstates the tax revenue trends which continue to rise). “Just do the math: interest costs on the national debt are spiraling out of control at a time when tax revenue is falling. It’s not a pretty picture.And based on this scenario, I’d humbly make a few predictions:1) The Federal Reserve will reverse course and start cutting rates.This might not happen right away; the Fed seems far more concerned right now with appearing like they’re in control and know what they’re doing. But no Fed Chairman wants to preside over the bankruptcy of the United States.So the Fed will have to cut rates and start printing money again in order to save the federal government, as well as the banking system, Social Security, and more.2) This will lead to more inflation.With the Fed creating so much money– trillions of dollars at once– the US economy will suffer the same predictable consequences as it did in 2021 and 2022: inflation.3) And a loss of confidence in the dollarHigher inflation coupled with outright government dysfunction has already caused much of the world to seek alternatives to the dollar. Another bout of inflation, plus potentially several more years of incompetence will probably be enough to reset the dollar-centric Bretton Woods system once and for all.4) Foreign nations will stop investing in US government bondsWith the dollar no longer at the center of global finance, foreigners (presently $7.7 trillion) will no longer have the same incentives to own US debt. This means that one of the US government’s major funding sources will dry up, leaving politicians scrambling to find money.5) Politicians will demand new and higher taxes.With foreigners no longer buying US government bonds at the same pace, politicians will try to raise tax revenue. Expect wealth taxes, higher income taxes, green taxes, and even windfall profits taxes on certain assets and income like crypto, gold, oil profits, etc.6) Many Americans will move further leftPoliticians and their media allies will insist that capitalism has failed… and rescuing the nation from this hardship will require bigger government and more intervention.What does God’s Word say? Proverbs 12:15The way of fools seems right to them, but the wise listen to advice.Proverbs 11:14For lack of guidance a nation falls, but victory is won through many advisers.Episode 1,177 Links:Washington state spends $143 MILLION to get 126 out of homelessness—now Jay Inslee is asking for more; “That’s the equivalent of spending... $1,137,256 per person to exit homelessness.”Six predictions from the last week’s horrific Treasury report4Patriots https://4patriots.com Protect your family with Food kits, solar generators and more at 4Patriots. Use code TODD for 10% off your first purchase. Alan’s Soaps https://alanssoaps.com/TODD Use coupon code ‘TODD’ to save an additional 10% off the bundle price. American Financing https://americanfinancing.net Visit to see what American Financing can do for you or call 866-887-2275 BiOptimizers https://bioptimizers.com/todd Use promo code TODD for 10% off your order. Bonefrog https://bonefrog.us Enter promo code TODD at checkout to receive 10% off your subscription. Bulwark Capital http://KnowYourRiskRadio.com Find out how Bulwark Capital Actively Manages risk. Call 866-779-RISK or visit KnowYourRiskRadio.com Patriot Mobile https://patriotmobile.com/herman Get free activation today with offer code HERMAN. Visit or call 878-PATRIOT. SOTA Weight Loss https://sotaweightloss.com SOTA Weight Loss is, say it with me now, STATE OF THE ART! Sound of Freedom https://angel.com/freedom Join the two million and see Sound of Freedom in theaters July 4th.