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The Three-Headed Hydra Destroying our Economy & Your Shield in the Fight
The dragon rumbles its roar. The ice of its belch freezes your wealth. The fire of its head embroils political division. The bite of its burden buries you in debt.
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Since time memorial we have seen this monster. Up from the depths of your home town, you know its legend. Grandparents have whispered its tale before bed. The imaginations you held as a child seemed arbitrary. As you lay tucked in a soft kiss from your grandmother cooled your fear.
Your grandfather remembered the howl it echoed. Each night you would pull at him to tell you the story. He would tell you stories of triumph. He would tell you the fears of this tale. He would tell you how he prayed it to end. It always ended happily…at least that’s what you told yourself.
After all…your grandparents are still alive. The hydra never destroyed them but their eyes tell you a different story. Could it be that your grandparents were changed as a result of this beast?
What are its three heads?
What is the triple threat they whispered?
What is it that makes the elements so chilly?
What are the rumbles so fierce and the burn so hot?
These hydra heads pave the way for what we know as “Black Swans.” This will be the one event to destroy it all. I will offer you a shield to protect yourself. You will need to defend against fire, ice, and a massive bite.
I AM THE BITE BURDEN — MASSIVE PUBLIC DEBT
World War I occurred during the influenza pandemic. During this time, the hydra’s bite struck. U.S. public debt surged to 33% of GDP. The hydra was briefly tamed as government warriors struck their swords into its mouth. Then during the Great Depression, U.S. public debt reached 43% of GDP. The hydra proved it was not defeated. Government soldiers perished by the thousands until after World War II debt rose to 106% of GPD.
