The United States is now headed for total collapse.

January 21 (King World News) – Gregory Mannarino, writing for the Trends Journal:  When a nation becomes debt-dependent, it also becomes refi-dependent. And once you’re refi-dependent, higher rates don’t just “slow growth”… they break the balance sheet.

Result?

Yields must be capped, forced lower by intervention, fake non-productive liquidity windows, currency devaluation, more backstops, and expanding debt.

What you just read above is THE definition of a failed state… and that is what America has become today.

MAJOR KEY POINT. Currency devaluation isn’t a side effect, nor a policy error… it’s the funding mechanism of what has become “America Inc.”

America has become a Zombie Corporation… America Inc.

America has become a nation that can’t stand on cash flow, can’t pay down liabilities, and survives only by rolling debt and accessing cheap funding.

This mechanism does two things simultaneously.

1. Markets levitate.

2. The real economy decays.

MARCH 2026 REFI WALL.

IT’S REAL.

AND IT’S BIGGER THAN PEOPLE UNDERSTAND.

Non-financial corporate debt (the stuff that runs the real economy).

Nonfinancial corporate debt outstanding was about $14.1 trillion (Q3 2025).

And a large slug of corporate maturities is stacked into March 2026.

Now add the most fragile piece of that stack.

Commercial paper. These are short-term, unsecured, “trust me bro I will pay it back,” funding instruments that companies use for payroll, inventory, and day-to-day operations…. and the bill is coming due. So the refi wall isn’t an abstract anomaly, it’s a cashflow wall.

Commercial real estate (CRE) is rolling right into the same wall.

CRE is carrying a maturity wave into 2026, $936B of CRE loans maturing in 2026.

Office stress is already flashing red.

KEY POINT. Office delinquency jumping to 8.12% in September 2025, driven by big defaults hitting at maturity. Empty buildings, falling values, refi trouble, lender losses, more defaults.

Private credit + banks… the “hidden leverage” problem.

KEY POINT. Watch what’s happening right now.

  1. Fed Standing Repo Facility hit a year-end record $74.6B on Dec 31, 2025, funding pressure met with a backstop. (This plays right into the current liquidity crisis/currency crisis, and its getting worse…)
  2. The Fed restarted Reserve Management Purchases… about $40B in Treasury bills in the first month (starting Dec 12, 2025).
  3. And here’s the most recent one… Trump ordered the government to buy $200B of MBS, with the stated goal of roughly matching the Fed’s $15B/month MBS runoff.

“The Government” is literally AND FACTUALLY buying what the Fed is running off… WITH CASH THAT MUST BE BORROWED FROM THE FED TO FINANCE IT.

MAJOR KEY POINT. Lions… that’s the tell. The Fed steps back, and the government steps in as substitute buyer.

This mechanism above is Zombification in action, AND it’s “Socializing Risk.”

This translates to artificial MBS demand, price support, distorted price discovery… and risk shifted toward the public-sponsored/public-supported balance sheet.

Corporations are already front-running the wave. Early this month, January 2026 saw the busiest week for US corporate bond issuance since the SCAM-demic.

THE BOTTOM LINE.

When a nation slides into debt-dependence + currency bleed, rate suppression, debt expansion, (Zombification), the stress doesn’t stay on a spreadsheet, it moves into society.

There is an historical pattern to this…

Here’s the historical pattern… as living standards get squeezed (higher costs, unstable jobs, shrinking opportunity)… social friction rises, protests, strikes, crime, political polarization.

Expect this playbook (below).

  1. More surveillance + enforcement framed as “public safety” or “stability.”
  2. More surveillance + enforcement framed as “public safety” or “stability.”
  3. More narrative management (“misinformation,” “extremism,” “public order”) used to justify pressure on dissent.
  4. More financial and administrative controls (fees, compliance, freezes, permits, rules, (permission-based freedom).
  5. Expect harsher responses to disruption… because disruption threatens the one thing the system needs… control.

FINAL MAJOR KEY POINTS.

When the “money system” fails to deliver stability, the system tries to replace stability with obedience.

The US is devolving, rapidly, into a dystopian state… look for the rule of law, and even the US Constitution to be circumvented. And many people will comply… therefore willing to surrender their freedoms and liberties to the state.

…A divided nation cannot stand.

$150-$180 Silver In 2026
To listen to Nomi Prins and her jaw-dropping price predictions for gold, silver, uranium, and mining stocks CLICK HERE OR ON THE IMAGE BELOW.

ALSO JUST RELEASED!
GOLD & SILVER SOAR: This Time The Global Financial Crisis Will Be Much Worse CLICK HERE.
RECORD HIGHS! Silver Soars Nearly 8% As Gold Surges $134 CLICK HERE.
Michael Oliver – Gold & Silver Mining Stocks Coiled For Violent 355% Surge CLICK HERE.
Costa – Two Major Catalysts For Gold & Silver In 2026 CLICK HERE.
Nomi Prins Just Predicted A Jaw-Dropping $150-$180 CLICK HERE.
Michael Oliver – Gold & Silver Pause But Look At This Massive Upside Breakout CLICK HERE.
This Kicked Off The Bull Market In Gold CLICK HERE.
What’s Next For Silver? CLICK HERE.
Silver’s Spectacular Rise Has Become Disorderly, But Silver Remains Radically Undervalued CLICK HERE.
GOLD HITS ANOTHER RECORD HIGH: The Global Hyper-Debt Bubble And Gold CLICK HERE.
This Bodes Well For Continued Bull Market Action In Gold CLICK HERE.
Historic Gold & Silver Surge Continues, But Look At This Bull Market That Is Just Getting Started CLICK HERE.
GOLD & SILVER HIT RECORD HIGHS! Could Gold Be Set Up For Yet Another Upside Explosion? CLICK HERE.
Gold & Silver Melt-Up Continues, But Look At This Shocker CLICK HERE.
Celente’s Shocking Top Trends Predictions For 2026 CLICK HERE.
Look At Who Just Became One Of The Largest Holders Of Gold In The World CLICK HERE.
NEXT BIG BULL MARKET: Look At Who Just Predicted $369 Oil CLICK HERE.
Is It Possible Silver Will Hit This Jaw-Dropping Price? CLICK HERE.
This Shows Silver Would Have To Skyrocket To $917 To = 1980 Peak CLICK HERE.
Michael Oliver – Historic Breakouts Will Now Send Gold & Silver Prices To Levels That Will Shock The World!
 CLICK HERE.

© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the articles is permitted and encouraged.