Topic: Global Debt

The EPA is expected to officially declare carbon dioxide a dangerous gas, paving the way for new federal taxes on carbon emissions. This move is interpreted as a strategy to generate revenue to service the $23 trillion national debt, rebranded as a "pollution tax" after the failure of "cap and trade" legislation.

The United States is identified as the world's leading debtor nation according to the CIA Factbook. Some analysts predict a "reset moment" involving hyperinflation or a transition to a new currency like the "Amero" to wipe out existing debts. This process is compared to a national version of Chapter 11 bankruptcy.