"Social Security & Medicare bankrupt by 2040 with no plan for Government bailout. Are you ready?"
Most young adults around the nation are unaware what the financial future holds for them. Statistics also show that 43% of American households spend more than they earn each month. This year more Americans will declare bankruptcy than will divorce, graduate from college, or get cancer.
PR9.NET June 12, 2009 - Northwest, AR - Most young adults around the nation are unaware what the financial future holds for them. Statistics also show that 43% of American households spend more than they earn each month. This year more Americans will declare bankruptcy than will divorce, graduate from college, or get cancer. The United States national debt stands at $9.4 trillion, and with our future obligations on the line, you can bank on $60 trillion. Tim Dudley, President of New Leaf Publishing Group stated today, "Whether we want to admit it or not our nation is bankrupt; we are now approaching $12-13 trillion in debt because of the last 9 months of stimulus spending." According to the U.S. Government Accountability Office, if reckless fiscal spending continues the entire federal budget will be consumed by Social Security and Medicare payments by 2040. Statistics show that the dollar's days are numbered. The dollar is a fiat currency backed by, you got it, nothing. It is worthless paper that the world is currently willing to accept-though with increasing reservation. Eventually, the world will gravitate toward other more stable currencies. Alan Greenspan, the former Federal Reserve chairman, tells a German magazine the euro could soon replace the U.S. dollar as the global currency of choice.
Jerry Robinson, the author of a new tell- all book, Bankruptcy of our Nation, exposes the truths and lies centered around the United States' current financial status, and how the future will affect the American population and the world. "The real roots of America's economic crisis have been obscured or misunderstood by those in the mainstream. This has made the task of economic awareness all the more vital to our current generations. Through awareness of the truth, we can empower ourselves to protect our own assets and those we love from the great debtor nation in world history," stated Robinson on his nationwide awareness tour. In addition, the author focuses on twelve key strategies that are crucial in protecting your finances in the very uncertain future of our nation. The book goes into detail about factual federal government downfalls and the knowledge of the demise of this nation with no apparent plan of recovery for Social Security and Medicare.
New Leaf Publishing Group, the publisher of Robinson's book, felt confident from the beginning that it was important for the average American citizen to know the truth about our current economic situation, and to have a solid plan of action for each person's future. "The future is very unclear for this country and our fate is perilous at best. I am passionate about informing the people of this county, and giving them options on how to be prepared for this uncertain economy," remarked Dudley.
Author: Jerry Robinson creates and distributes biblically-informed and culturally aware publications as well as audio teachings. Since 2001, Jerry Robinson's writings, lectures, and presentations have reached over 95 nations. In addition, Jerry leads weekly teaching sessions in Tulsa, Oklahoma at the Veritas Theology Forum. Jerry holds a degree in Economics from the University of Tulsa and is a practicing financial advisor.
Publisher: New Leaf Press is an imprint of New Leaf Publishing Group. Founded in 1975, the publishing house includes two other imprints. Master Books is the world's largest publisher of creation-based materials for all ages. Attic Books reprints classic reference and educational books from before the 20th century.
Public Relations: Rob Frank is a recognizable spokesperson. He produced the Inaugural Ball for former President George Bush and Vice President Richard Cheney. Rob has produced military shows, award shows, mega parades, music festivals, music videos, photo shoots, and television benefit concerts around the world under the direction of H. Ross Perot. In addition, he has managed high profile entertainment artists around the country.
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About New Leaf Press
Publisher: New Leaf Press is an imprint of New Leaf Publishing Group. Founded in 1975, the publishing house includes two other imprints. Master Books is the world’s largest publisher of creation-based materials for all ages. Attic Books reprints classic reference and educational books from before the 20th century.
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