(44 Minutes) http://www.youtube.com/user/nwotaser?...http://infowars.comhttp://prisonplanet.tvhttp://www.stansberryresearch.com/pro...http://ProdigyNews.comhttp://FedSmack.comAlex Jones interview of Trends Researcher Porter Stansberry.The Bankruptcy of the United States is Now CertainPorter StansberryThursday, February 4th, 2010It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That's an amount equal to nearly 30% of our entire GDP. And we're the world's biggest economy. Where will the money come from?How did we end up with so much short-term debt? Like most entities that have far too much debt -- whether subprime borrowers, GM, Fannie, or GE --the U.S. Treasury has tried to minimize its interest burden by borrowing for short durations and then "rolling over" the loans when they come due. As they say on Wall Street, "a rolling debt collects no moss." What they mean is, as long as you can extend the debt, you have no problem. Unfortunately, that leads folks to take on ever greater amounts of debt... at ever shorter durations... at ever lower interest rates. Sooner or later, the creditors wake up and ask themselves: What are the chances I will ever actually be repaid? And that's when the trouble starts. Interest rates go up dramatically. Funding costs soar. The party is over. Bankruptcy is next.READ ENTIRE ARTICLE http://www.infowars.com/the-bankruptc...