If we go back and look at our own recent history, we can see what got us out of the depression. And despite what public school textbooks say, it was not going to war, but it was the ending of WW2, reducing taxes by 1/3 and cutting govt spending by 2/3. Those 3 key items gave us baby boomers and prosperity.
John, I don't know if you have Amazon Prime but I want to suggest a neutral movie called IOUSA. It's free to watch if you have Prime. I'm about half way through but so far it does a good job explaining the history of our debt and tells the story of how the Govt Accountability Office basically went on a tour trying to educate voters about the dangers of a then 14 trillion dollar debt.
But a large part of this too, is understanding the Federal Reserve. It is a private cartel of banks that by law is in charge of our currency and fixes interest rates. They are a blank check for a spend happy Congress, and they profit from govt spending. Think of Goldman Sachs financing our govt spending, and allowed to create money from thin air and charge interest on that. You can see how private institutions like this are only concerned with their bottom line and not the end users. Especially when they have a monopoly.
The truth is our govt (which is really us, you and me) is indebted to private central banks in which we are human collateral providing revenue by law. We have literally been enslaved and conquered by these institutions.
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