299 Days: The Collapse

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Grant had been so absorbed by Washington State’s spiral into collapse that he did not pay much attention to the coinciding national collapse. The Federal Government was in the same shape as Washington State, and for the same reasons. He was so consumed by what was happening in Washington State, but managed to pick up on some of the major details surrounding the collapse across the nation.

The Federal Government ran out of money. Tax revenue was only paying about half of the money the Federal Government was spending each year. The Government had to borrow the other half. Interest on the debt was going up each year. Pretty soon, about half of the budget would go to paying off interest, which meant the government needed to borrow even more to pay the interest. Borrowing to pay for borrowing. The United States of America was in a financial death spiral. Anyone who paid attention could see this.

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