The Trump Administration hasn’t dealt with the U.S. deficit. In fact, the Iran War has already cost them according to Acting Comptroller Jules "Jay" Hurst III, the United States has spent approximately $25 billion so far.

A war that will cause a global energy crisis and has changed the Strait of Hormuz perhaps for not months but years.

But this is actually grossly under-reported. Reports from sources cited by CNN and CBS News suggest the internal estimate is closer to $40–$50 billion. And it’s not even close to being over.

The problem with the timing of all of this? The U.S. is not minding its debt. U.S. Debt now exceeds 100% of GDP for the first time since World War 2. Only countries like Italy, Greece and Japan are worse.

The federal government is currently spending approximately $1.33 for every $1.00 it collects in revenue. This is not sustainable.

By 2030, U.S. Debt is projected to reach 108% of GDP breaking the all-time record set in 1946 following World War II.

The Trump Administration and the financial elite are borrowing from future generations while pumping companies that will automate their jobs and disrupt their career ladders. Tell me this isn’t right? History will look back on this period as the behavior that led directly to a major debt crisis. And, it’s coming.