The Fiscal year for the U.S.A. ended on September 30th. Last year the U.S. government borrowed 1.6 trillion dollars this year alone to spend above and beyond what the taxpayers sent to Washington.
Lets put this number into something tangible that the average American can relate to.
Borrowing 1.6 trillion = at the current gold price of $1,000 ounce = 3,636,360 official bars of pure gold weighing 27.5 pounds each and measuring 7 in X 3 5/8in X 1 3/4in. This is a volume which would slightly overfill a warehouse with dimensions 100 ft. x 45 ft. x 20 ft. Thanks to Donnie Morrow for his help.
Or in other terms, the government borrowed $50,000 every second last year.
A stunning assault on our liberty.