How will it end?
>>77843039
Not very well, Shlomo.
WW3
you should know
>>77843039
Crypto
>>77843039
You're not getting your money back with interest if that's what you're wondering.
>owe 20$
>print 20$
wew
https://www.youtube.com/watch?v=8GP87dgTqF8
How did it all go so wrong so fast
>How will it end?
Just as planned shlomo, just as planned...
it doesnt end, wage slaves gonna wage slave
>>77843039
Notice how it skyrocketed with Ronald Reagan...
>>77843039
I dunno Chaim you tell me
>>77843364
Freedom aint free
It will never end
We can just keep borrowing money indefinitely
>>77843039
US debt is one of the most stable and safe investments. Why is that wrong?
>>77843039
>>77843039
>How will it end?
Just keep printing and borrowing, no big deal.
How come it grows faster during republican terms...?
Badly
>>77843108
You would know.
USA just does not lose with Monopoly.
>>77843525
Yeah thanks Warren
>>77843606
Looks like it triples during Bamaphone's term
>>77843313
Social Security first thanks to FDR then Medicare and Medicaid under LBJ
>>77843364
That's because Reagan cut taxes to boost the economy in the 80s while increasing spending on Military to bankrupt the Soviet Union. Problem is he was never able to repeal the welfare programs.
Then we tried printing out way out of the recessions instead of allowing them to occur which made things even worse.
Yeah we owe a lot of countries a lot of money, but what are they gonna do about it?
>>77843039
>be kid
>play theme park world
>have no money to build cool stuff
>get loan in game
>build cool stuff
>can't pay back loan in time
>Jews close the park
>game over
>use cheatcodes
>best park ever
>I win
>>77843606
>he's just now realizing that conservatives aren't actually fiscally conservative at all
kek
>>77843039
To be fair if you graphed gdp growth it is exponential.
The debt to gdp level is stabilizing after the 2008 crisis finally.
And the yield for 10 year us t-bills is 1.5% so...
>>77843606
>Muh strong national defense
>muh unfunded wars
>>77843039
It won't
>>77843525
its unfair, the fed, ezb prints infinite money, gives out cheap loans while common people cannot print money, why do they have the right and I dont?
>>77843256
>Owe another 20 dollars afterwards
>>77843830
>why cant I print money
Are you actually retarded or just pretending
Let's put Bernie's programs into place if none of this matters then.
>>77843525
Conservatards think public sector debt crowds out private sector debt because it pushes up rates over time and crowds them out.
>>77843779
the problem is liberals fuck the shit up by spending more money and never allow the republicans to cut entitlements.
Also does anyone have the government vs private debt growth for those periods in OP ? I don't think that's all government debt.
>>77843810
When are we going to raise interest rates again though?
I'm sick of my money sitting in the bank collecting a measly 0.25% interest.
>>77843256
>owe 20$
>rent printer for 20$
>print 20$
>pay off previous loan
>own 20$
>repeat
>>77843917
To be fair you can reverse a recession by just hacking the arrogant computer that shows the stock market graphs
ITT: "the debt is scawy i dont like it"
>>77844035
You can just ask for one
No problem, just print more money. Debt is 10000000 trillion? Print 100000000 trillion dollars.
>>77843830
They print so much money by buying up bonds in open market operations.
You are free to buy bonds which the ecb will then try to purchase from you
>>77843039
Isreal on fire
>>77843917
answer the question you fat fuck, why does the fed have the right to print money out of thin air and I dont?
>>77844107
Tru dat. Also debt isn't as bad as debt repayment rate.
>>77843606
Because you also have to look at the senate majority.
https://fred.stlouisfed.org/series/GFDEGDQ188S
Here's a more meaningful graph: debt to gdp ratio.
In the 80's it fucking ballooned, clinton put the screws on it both by de-coldwarring the military and gutting social security's solvency
then the recession hit and it fucking doubled
>>77843039
QE4 buys X trillion worth of bonds.
Doesnt collect payments.
FED balance sheet rekt
USD loses value, but not so much because the same thing happens in Japan, EU and China
>Screenshot this
>>77843525
tfw you can't even afford your army coz it's private and all you have is debt
>>77844035
The S&P 500 grew at 10% a year for the last 5ish years now.
If you had held an index fund you would've doubled your money.
They didn't raise rates because there has been a continual lack of private sector investment and wages have been stagnant. I don't see them going up anytime soon after that shit jobs report 2 weeks ago
>>77844376
This guy gets it.
It is pointless to consider debt in isolation, you also need to consider your income (ability to pay down the debt), gdp in this case.
and debt to gdp is stabilizing.
>>77844232
You can print all the Krauty Fun Bucks you like.
You just have to convince someone to accept it.
>>77843039
>How will it end?
dunno, tell us Jew
>>77844290
no, you have to look at millitary spending. Republicans don't think about the economic future, they think about modern strong army. And American weapon is not cheap even when Americans make it for themselves. If Trump wins, he plans to modernize nuclear forces (cause nukes is only thing that matters)and it will cost another trillion to the US economy.
>>77843682
sure
![gaddafi-3_1780857a[1].jpg](https://i.imgur.com/nZU0dom.jpg "gaddafi-3_1780857a[1].jpg")
>>77844636
bad idea
>>77843039
Economist here. Yes, I am a real economist. I have a Master's in econ and work for my state's budget department.
As you know state's must balance the budget; this is required by law. This is not true of the federal government obviously.
As long as the USD is the WRC, then the debt literally doesn't matter. This is evident by the Fed extending unlimited credit to bail out big corporations and buy back bunk MBSs. They literally injected 17 trillion into the economy (which then gets multiplied through banks extending loans, etc.).
The. Debt. Does. Not. Matter.
I'm not joking when I say this; we can literally print (or digitally create) unlimited amounts of money with no repercussions. Inflation doesn't even exist in the US economy anymore. Inflation for 2015 was 0.12%. Inflation for 1.62%.
Mo' money gets printed every day with no inflation. Welcome to the new world faggots.
t. Economist.
>>77843039
The system will "fail" eventually and a similar system will replace it.
Nothing new.
>>77844757
As long as he cuts obongocare I don't think they should care about it, have you seen the amount of money they spent on social help? Besides when you create technologies for the army you are modernizing the entire country in the process.
I don't understand this. How can the world owe 60 trillion in debt? Who is this money to owed to? Aliens? I feel like debt should cancel out. If one person owes 10 dollars and another person is owed 10 dollars doesn't that cancel out to 0 dollars?
>>77843039
It will end the same, but with a larger scale. Who really cares? Is it even real? It's just numbers on ledgers.
>>77844975
Inflation for 2014 was 1.62%.*
Countries usually pay their debts with war
>>77844966
It worked for Germany, Gaddafi, Lincoln, JFK, so tell me how is it bad?
>>77844975
WORLD RALLY CHAMPION
>>77845265
World reserve currency lad kek
It ends bad for Jews
You're the worlds scapegoat..
>The left blames you for Palestine and the financial problems
>The right blames you for cultural degradation and mass immigration
>The new Immigrants in the west hate you for stealing "Their land" and killing the prophet
You're the natural scapegoat
https://www.youtube.com/watch?v=w4NAH2puEEM
>>77845096
Debt is an imaginary term in america to other countries due to the fact that no one will ever have the balls to collect it. And when china goes belly up finally 60% of that will just disappear and we will be the ones holding the cash to build them up. This was always the plan mate.
>>77844975
In all seriousness though. The keyword here is as long as USD is the world's reserve currency.
Tell me oh, economist, are the portends true that USD's status as WRC threatened ?
>>77844975
inflation was massive in assets like housing and securities.
>>77845096
75% of our debt is for military, social security and medicare. We (our govt) owes to his money to other governments and wealthy individuals.
>>77843837
>>77844052
It's a closed loop we can manipulate forever
Sounds good. Maybe introduce new currency here and there as a bubble economy.
>>77844975
> money gets printed with no consequences
>>77843039
>China asks for money back
>usa says no
wew
>>77845331
Too bad they have our manufacturing infrastructure now.
>>77844975
>US dollar has lost over 95% of its purchasing power since the inception of the Federal Reserve barely 100 years ago
>Claims there is no inflation
>Good one schlomo
>>77845471
>black inequality
lmao
>>77844975
t. Kenyan economist
You're a nigger...You will hang
>>77845513
Not after trpepe they won't.
the ride never ends
>>77844999
>you are modernizing the entire country in the process.
i don't think it can drive the country when you order the dysfunctional and troublesome planes like f-35 in masses. Some change can appear but there is a lot of corruption(haha, Russian is talking about corruption, funny).
Many companies in USA just lie and demand money and in return they give colourfull presentations about how their inventions can change the face of warfare, but in reality they don't do shit and money just get lost.
Just look at this shit and try not to laugh
https://www.youtube.com/watch?v=Ev0G49jXJX0
don't know much about social security though
>>77843039
>elect someone who will tax the rich and decrease military spending
>government starts recuperating more money than they spend
>people ask why we didn't do this sooner
>>77845471
SAVED
>>77844975
Sounds legit.
It's like back when I was 4 and I thought I could lift myself to the moon by lifting my shoes while I was carrying them.
>>77845471
this is retarded
>>77845817
because business will flee overseas if you tax the rich.
>>77843191
my sides
>>77844151
Yes, it worked great in Zimbabwe
>>77845445
>inflation was massive in assets like housing and securities.
Yes, and if one was smart they got in and got out before they got burned. Learn to play the game. This is why I believe basic economics and finance should be taught in highschool but I don't know if the Jews would like that because stupid people take on more debt.
>>77845471
>student loans
they signed up for it
>food stamps
niggers gonna nig
>federal debt
duh
>money printing
also duh
>healthcare
should work out more and eat healthier
>lfp
immigration undercuts domestic workers and why work when you can get food stamps or unemployment?
>blk inequality
niggers are useless is this a surprise?
>median income
all middle class jobs have pretty much been undercut by technology
>home ownership
faggot hipsters opt to live in apartments and cities
Once again, learn to play the game. Literally none of these things affect me because I understand have studied these things. Everyone else should if they want me to feel sympathy.
>>77845554
look at inflation charts. since the 70's inflation has been extremely moderate (though still positive)
>>77845564
I believe in the austrian school m8 but Keynesian is the way of life and how the world operate. learn to play the game
>>77845936
doesn't matter if you think it's legit or not. it's true. the debt will always increase, even under trump. Republicucks use the debt as leverage to get faggot people who "understand" finance and economics to vote for them without every doing anything but increasing it further
>>77845967
They won't. The consumer base in the US is way too large.
Even historically you are wrong.
>>77845807
But you forgot
>AHEAD OF TIME AND UNDER THE MOTHERFUCKING BUDGET
Any anyways the amount they spend with social help dwarfs their military. Welfare state is the worse thing for a country.
>>77843606
>Obama
>Republican
ok
>>77845967
>this meme again
>>77846045
Zimbabwe is not a world power with a currency that is used worldwide.
It will 'end' in one of three ways:
1: Continue as usual; the banks keep charging interest for the money they create making the wealthy wealthier.
2: It spirals out of control can triggers a collapse while fiscal policy goes nuts trying to avert a crisis.
3: Monetary policy reform; either a good reform is selected or a bad one is. If a good one is selected we go onto unlock the wealth of a nation and raise the standard of living for the whole world and lead the way into a post bank controlled economy. If a bad one is selected it enters into a death spiral and then the (((banks))) claim we need to go back to private bank created money as debt.
Picture semi related.
>>77846142
isn't that what they're doing already?
>>77845437
the US will go to war to secure its position in the world. It may or may not be threatened; but it will always be the WRC
>>77846088
GE is leaving to Ireland IIRC. Carrier moved to Mexico. Ford is in Mexico. All our jobs and co are leaving us already.
We can't have a free trade and a welfare state.
>>77843039
Bankers forced to take a bath.
>>77843039
GOYIM BLOOD
>>77845936
yeah sure
>>77846076
learn more stupid.
>>77846204
SS, Medicare and Medicaid will go through the root in the 2020s and 2030s.
Also Moore's Law will end by 2020-2025.
Expect the crash soon.
>>77846076
learn more.
I have to go guys but my point is this; you fags can sit here and argue about what should be or could be. But here is the redpill; it won't be. Classical liberalism and Austrian style economics will never be a reality again.
To beat the Jews, you must learn to play their game. This is Keynesian economics and big government/corporations.
Learn the Jews' game, then play it.
>>77846489
learn more dumbass
>>77846467
>>77846488
K. I guess my Master's in econ and me working for my state's budget dept for 10 years isn't enough education or practice.
Keep on fantasizing kid, you'll see it the way the Jews want you to see it. Learn to play their game.
(graduate hs first though, kthx)
>>77846076
>I believe in the austrian school m8 but Keynesian is the way of life and how the world operate.
Makes no damn sense.
>>77846470
I think that we might see a revolution in robotic healthcare* by 2030.
Then the question is what do you do when robots take your job? And the answer is again monetary policy reform.
*Actually most manual labour jobs.
>>77846626
>>77846653
One day you'll understand.
>>77846645
Learn economics stupid. If the U.S national debt can be solved by printing more money then WHY THE FUCK HAVENT WE?
>>77846489
>i know fancy words
>i can never be wrong in my field
>never can i be mistaken
>it just works and it will work forever
Global financial catastrophe. Also banks have found an exact same scheme in Europe as the one in 2008 with the sub prime. They're at the moment basically lending money to each other which they could directly attribute to the money they can give out in loans. Seeing as that goes x10, yep the financial system is massively fucked.
Europe will have another major crash in at least 2 years if not faster.
>>77846653
you make no sense
>>77846747
Yeah sure, 500 thousand "tanks and drones" will beat half a BILLION guns. Just get out of here nutty freak.
A better way to look at it is how much "lag" there is to the paying off. So what if we have x trillion in debt?
If someone gives us $1 trillion, how long until they get it back? 1 year? 2? 5? Probably not very long.
>>77846747
The plane is firing flares, btw.
>>77846324
GE is still based in Connecticut.
Ford is based in Michigan.
Carrier is also based in Connecticut.
The companies are still in the US, they are just outsourcing production but that isn't because of taxes.
There are of course the usual tax dodging but that's nothing new and unless you want your corporations to pay 10% taxes you can't do anything about it(except tariffs and making it unprofitable for corporations to be classified as foreign). There will be always countries that have laws specifically to cater to corporations that evade taxes.
>>77846760
muh Keynesian economist won't be satisfied till great depression 2.0
>>77846760
You missed my entire point. Congrats. Please, reread what I have posted. The point is the debt is meaningless there is nothing to solve. Now reread this too. Very slowly. Do you understand?
>>77846778
Lol the Russian economy got its ass kicked several times in the past two decades. You fags don't understand the first thing about econ. Go back to setting price floors Stalin.
>>77846939
its for self defense.
>>77843039
whatever happened to weimar germany after it collapsed under kike debt schemes
>>77846967
>You missed my entire point. Congrats. Please, reread what I have posted. The point is the debt is meaningless there is nothing to solve. Now reread this too. Very slowly. Do you understand?
How is the national debt meaningless when we have to pay BILLIONS in interest everyday to China.
>>77843039
>>77843039
Badly.
It always ends badly for those who are paying attention...unless you get out of the way.
Now.
While you can.
>>77846760
Because it is pretty much meaningless.
>>77843191
Fucking kek
>>77843191
>your money
>Americans dont know that it actually their money
>>77843830
>its unfair, the fed, ezb prints infinite money
>why do they have the right and I dont?
Look up Vollgeld/Monetative. That's what we need.
>>77844636
No. Legal tender is, what the law says. You can have parallel currencies in Germany but they have to be linked/convertible to the Euro.
>>77847079
Billions that are created by the Fed. The US is not exporting anything to China. It is just giving them paper for goods.
>>77847079
>How is the national debt meaningless when we have to pay BILLIONS in interest everyday to China.
t. brainwashed republicuck. They peg the yuan to the usd. Interest don't mean shit when we can print more regardless. Read Currency Wars. As long as they peg the yuan to the usd and the usd is the wrc and China recognizes this, it doesn't matter. It's in their interest to, in fact, let the Fed print more.
>>77846076
>austrian school
Yes (((Greenspan)))'s (((deregulation))) had such a positive (((impact)))
>>77846076
>doesn't matter if you think it's legit or not. it's true. the debt will always increase, even under trump. Republicucks use the debt as leverage to get faggot people who "understand" finance and economics to vote for them without every doing anything but increasing it further
It's a system that isn't stable. It will fail. They're just postponing the inevitable. Legitimacy has nothing to do with it.
You can have whatever the fuck kind of hat in economics. If you don't know system dynamics you're still a useless retard.
>>77846967
we not talking about Russian economy here fag, we talking about american delusionists who already think that their system is so troubleproof they don't need to turn on the brain to operate it.
If you can't imagine the bad outcome because this is unprecedented case and in your books nothing is written about how this would happen first in the history of the world, that doesn't mean its impossible.
>>77846142
>liberals want globalism
>but not for white business owners
>>77844975
>unlimited amounts of money with no repercussions
until when, surely there is a boiling point that it will lose value .
>>77843039
us collapses...the uk sucks its strength up
just as they did to us decades ago..
>>77847266
And what the fuck is gonna happen when they dump all the paper money back into our markets?
>>77847115
How?
>>77847360
That causes inflation and not the kind that stimulates infrastructure.
You brainless moron.
I agree to forgive myself of the debt I owe myself. thank you, self. :P
Badly
>>77843039
Armageddon
Statistical inflation is not true inflation. Statistics are made by the government.
I think the end will come through an electronic currency such as bitcoin. Something that can keep its value
>wake up at 5 am, prepare myself for wage slave job
>15 min stuck in traffic, radio gets louder for breaking news
>Mario Draghi confirms to print 6 gorrillion euros of money starting a holocaust inflation
>people jump from the big bank buildings since their investments and active debts are now zero
>go to star cucks, ask for coffee, 20000000 mio euros
>pay with sucking dick
>arrive at wage slave job
>boss dead
>finally neet
>hitler and mohammed resurrect from their graves and start a 4th reich with sharia law and no interest policy.
>>77846747
an American militia of roughly 3 billion men armed with guns, homemade explosives, and homemade tanks. >>>> the u.s military. You forget that our system works because we allow it to. Without us the government has no power. If we wanted to overthrow them we could. China has countless times. But you know this don't you shill?
>>77847412
Greenspan was a Jew faggot. He just masqueraded as an free market enthusiast all while creating bubbles.
>It's a system that isn't stable. It will fail.
Maybe so, eventually. But America will retain its place as leader in the world and you will come crawling back to look to our currency (usd or New Jew Shekels) again. and again. and again.
>>77847555
inflation has barely increased since 2008. paper currency is useless anyways but the whole world uses it baby because thats what the jews like.
>>77847438
its not bulletproof, no doubt. but it isn't in jeopardy like jew boy Schiff wants it to be.
>>77847601
lol he doesn't understand how international economics and pegging currencies work. once again, leaf, reread VERY slowly.
>>77844003
Oh ya it has nothing to do with the conservatives obsession with a nice big ol army
> tfw we could half our defense budget and still be on top
>>77847080
That bread looks tasty.
>>77847601
The Fed has ways to contract the money supply.
The USD is the reserve currency of the world and it is controlled by the Fed there is almost nothing China can do while this is till the case.
Inflation is not the end of the world and can be easily countered if you control the monetary system.
>>77847819
>>77847657
>>77847688
WTF is this fucking bullshit!!! Why are people saying the National Debt is meaningless. Fucking SHILL!
>>77847688
>bitcoin
>Something that can keep its value
>>77847080
Oh Rhodesia...
What have they done to you?
>>77847850
>jews like
do you actually think jews control it.
pol memes aside
>>77847688
Bitcoin does not work because it is not backed by anyone and has no legal status.
>>77846952
>The companies are still in the US, they are just outsourcing production but that isn't because of taxes.
They outsource 'management' to tax havens to avoid US taxes.
https://en.wikipedia.org/wiki/Double_Irish_arrangement
>>77847826
>More than two-thirds (68.8 percent) of adults are considered to be overweight or obese. More than one-third (35.7 percent) of adults are considered to be obese. More than 1 in 20 (6.3 percent) have extreme obesity. Almost 3 in 4 men (74 percent) are considered to be overweight or obese.
You seem to think that Americans are some /k/ and /pol/ tactical fighting force ready to take arms against the feds. They will take it up the fucking ass BLACKED style before raising a gun against the government. The only thing the federal gov might have to fear is the wild pack of nigger apes roaming the south. they are truly unpredictable. Faggot ass fat fuck white southerns on the other hand, will submit just like they did before.
>>77847850
>lol he doesn't understand how international economics and pegging currencies work. once again, leaf, reread VERY slowly.
Yeah I do but why do we even have debt at all that's my question? Why not print the money? Huh? Is it because your dumb theory about how govs can just "print money" is complete bullshit
>>77847927
>The USD is the reserve currency of the world and it is controlled by the Fed there is almost nothing China can do while this is till the case.
China has a shitton of dollars what they could buy the living shit out of our markets causing hyper inflation.
>Inflation is not the end of the world and can be easily countered if you control the monetary system.
The only way to solve it is MASSIVE Tax hikes.
>>77847944
it isnt meaningless, it puts all the working people in chains and therefore the meme "wage slave" is actually real
>>77843039
>How will it end?
The same way it always ends.
>>77848049
Private banks control it.
Could call them jews I suppose.
>>77848049
jews like fiat currency and MMT because it allows them to exploit the world economy and american savings accounts so yes. reminder jews have controlled the Fed for 30 years and the dept of the treasury is headed by a jew boy as well (Jack Lew)
>>77847266
>Billions that are created by the Fed. The US is not exporting anything to China. It is just giving them paper for goods.
But the Federal Reserve isn't giving the US government (and neither is the US Treasury) money for free to pay that interest. All those payments are taxed dollars. And when the US needs more money they buy more debt, so they can keep collecting taxes to pay interest on the debt they created to pay their interest.
>>77848076
Wait until WW3 begins and you will see the true currency...
>>77847967
Dude you're not going to win this argument. America's economy is FUCKED but Putin is just as much as an idiot by putting Russia into massive debt.
>>77848148
Ok you understand then
>>77847412
Greenspans actions went against what he himself had written.
people don't even realize how much obama destroyed america
>m-m-muh temporary relief from the recession!
>muh Keynesian economics!
It wasn't kicking the can down the road.
It was taking the can, moving it a few feet forward, then filling it with lead.
>>77848118
>Yeah I do but why do we even have debt at all that's my question?
to trick dumbasses like you into giving a fuck. ever since 2008, the debt literally doesn't matter. I will concede and agree that up until the new economy it mattered. it doesn't anymore though
9/11 ruined everything.
>>77843039
http://www.polidiotic.com/by-the-numbers/us-national-debt-by-year/
Has the US ever had no debt? WTF.
>>77843039
That's one issue, but this is another one.
>>77848341
>to trick dumbasses like you into giving a fuck. ever since 2008, the debt literally doesn't matter. I will concede and agree that up until the new economy it mattered. it doesn't anymore though
Why would they want "dumbasses" like me to think that STUPID! Oh and if the debt is meaningless then why do we pay into it every year? Ya dink.
>>77848118
There are other ways to counter inflation, you could just raise interest rates, sell Govt. bonds and raise interest on them, increase bank reserve requirements, etc.
>>77848092
And there is very little that can be done about that except changing the laws and making that kind of shit illegal. Even if you cut the corporate tax rate in half companies will still do it because of how ridiculously low the taxes are in tax havens.
That's globalization for you.
>>77848420
Andrew Jackson got rid of it once.
And that's why I think people who loan to the U.S are the biggest idiots. The U.S has only once paid back and it was 150 years ago. Who would loan to the U.S when they know they are throwing their money away.
>>77848278
It wouldn't be stable and therefore wouldn't be a good store of value.
It is not a good currency.
Also good luck using the internet if WW3 happens.
>>77848611
Not how it works.
U.S. loans get paid back.
>>77848420
Andrew Jackson.
>>77848461
that's nowhere near an issue
pic related, as soon as the interest rates go back up we're going to be done for. Literally fucking third world.
We paid almost $300 billion USD on interest last year.
Now take a look at my picture.
What do you think will happen when the interest rates go back up?
Why do you think all the leftist economists flipped out when Trump mentioned we might seriously have to go bankrupt? Leftists think when you run out of money you just print more money.
Then a bunch of non-leftist economists looked at what he said and basically went "yeah, he's right you know."
watch this important video on economics.
https://www.youtube.com/watch?v=4QAlt4Sfl7Q
>>77848743
THEN WHY IS THE U.S GOV STILL IN FUCKING DEBT IF THEY GET PAID BACK!
>>77848611
that's not how national debt works you idiot
>>77848796
the crash will happen one way or another. IMO Trump will handle the situation right while the liberals will make shit worse. either way we are looking at a crash by 2030-2035 or sooner.
>>77849041
Oh my God your fucking stupid. The hire the GDP the WORSE the debt is because GDP gives U.S dollars value, and the more valuable U.S dollars are the more (in terms of value) you will be giving to China when you pay off the debt.
>>77848095
so what if we're too fat to fight at the moment. It's not like weight is impossible to lose... Obviously the men would have to train and be in shape to fight, we would train like any other army.
>>77846747
All that fancy weaponry may be courtesy of the government, but the military controls it, and it won't allow itself to be used against the people for long.
>>77843364
>80s
boomers did this, they reaped all the rewards then they are gonna die before the shit they caused hits the fan
>>77848796
pic related
>$300bn
I overshot it a bit I guess, it was just under $230bn
6% of our entire federal budget
.50% federal funds rate.
.
5
0
%
>>77849185
>>Oh my God your fucking stupid
>your
>The hire the GDP
>hire
>negative interest rates
>print more money
NOTHING TO WORRY ABOUT GUYS THEY HAVE IT UNDER CONTROL!
>>77848954
Old loans get paid back with old loans.
One of the main ways the US borrows is with bonds.
A bond is a piece of paper which has a nominal value which is paid back at the end of the loan and an interest rate which is paid for example every year.
If I decide to lend the US some money I would go buy a bond that is for example 100$/10yrs/5%(doubt the interest would be that high but cbf to look up actual numbers).
That means that each year I get paid 5$ and at the end of the 10 year period I get back my 100$ so I end up with 150$ then maybe I would go buy another US bond with those 150$.
>>77848095
I'm over weight because it gives me a tactical advantage.
>>77848954
because other countries still owe us loans, jackass
china owes us a ~trillion in early 20th century bonds now that we've never called up, for example
the UK never paid us back their WW1 loans
etc
>>77844975
fucking hate armchair economists this is why after doing my undergrad in econ just got an mba you dont even know wtf you are talking about
>>77849380
sure
>>77849400
Why doesn't the gov just print?
>>77849380
Oh the system is fucked and has been for a long time but there is nothing you can do about it and it will be replaced by a similar system when it eventually fails.
>>77849597
Ok so why not print our debts off so we can have other countries in debt to us? We literally have the strongest economy on earth and we are still in debt like 19 bazillion dollars, it's fucking stupid
>>77846747
Those soliders, you know our army. They are people like you and me.
They get sent over to get their limbs blown off and burn 90% of their body.
They are itching for some payback against the globalists.
So are the police.
They are on your side always have been and always will be.
So, Keep on trying to drive a wedge between the people and the military/police.
It going to come crumbling down on you soon.
>>77849646
Because the Govt. does not DIRECTLY control the Fed.
>>77843039
Trump abolishes the national debt when WW3 starts against China.
>>77843039
not
>>77849716
because $19 trillion USD is about as much as our entire GDP
USA's debt is massively overblown, but still a serious issue
>>77847826
>3billion men
you mean bubba and his pray n spray semi auto against trained killers? lol yea sure bud
>>77843039
When the welfare state comes crashing down it's not going to be pretty.
>>77843039
Oil's running out fast.
If you're in your thirties, you will be the last generation to have the luxuries of the modern world.
>>77850058
That myth is debunked. Proven oil reserves are growing every year. We'll still be pumping oil 1000 years from now.
I think I just got autism from this thread, you idiots dont know shit
>>77850153
Can you prove that? Just interested
>>77850058
>Oil's running out fast.
no it's not
we have more oil under our land than the rest of the world combined in the form of shale oil. It just wasn't profitable to extract until very recently, and the cost to extract and refine it drops every year.
'peak oil' is a meme
>>77845936
kek
>>77850446
p.s., this is what trump was referring to when he said we have resources to sell to pay the debt off
currently only 3% of federally owned land containing oil reserves are licensed for use
>>77845265
Hi malaysiabro, nice to see you venture out from /f1/
>>77850299
>>77850299
..
>>77851254
USA one is way, way, way off
https://en.wikipedia.org/wiki/Green_River_Formation#Oil_shale
that's just one basin, we have others not quite as large but still massive
>>77846952
GE is moving to Taxachusetts in case you haven't heard.
>>77850446
.
>>77844975
All Amerikan banques are running Fiserve and Ceto subsurface ARS apps. 80-90% of chequeing deposits are being reclassified real time as savings. Banques in Amerika have almost no cash for this reason as they are skirting bearer demand reserve requirements AND rehypothecating the cheque deposits as lending capital many X over. This is one of the reasons they want the guns gone because any account runs will soon turn justifiably violent.
https://www.youtube.com/watch?v=_dbjFLtyw7w
Modern civilization doesn't exist without hydrocarbons.
>>77851437
That chart was just for natgas. Green River isn't gas. (It's not oil either, but that's a different issue)
>>77843168
underrated
>>77848568
>And there is very little that can be done about that except changing the laws and making that kind of shit illegal.
The USA could threaten Ireland, which is how the USA gets to collect income tax from US citizens work from all over the world.
>>77848743
>U.S. loans get paid back.
By borrowing more money.
>>77853262
Yep.
>>77853183
That would require changing laws. The US political system probably wouldn't allow it because lobbying and such.
>>77843039
>9/11: almost 6tr dept
>9/11+15 years: over 23tr dept
Don't let the terrorist win u guys :^). We outnumber them :^). Look, we are still free :^)
Holy shit they won, and they won big. I'm of course talking about the Federal Reserve. They must have made trillions in revenue since 9/11. Makes you wonder...
>>77843039
That's actually terrifying when you see it like that, holy shit
>>77844975
what happens when the WRC moves to a basket of currencies. Surely in 30 years time the Chinese yuan will look pretty good too?
>>77843606
This >>77843779 Gotta go libertarian nationalist to be fiscally conservative. Johnson or Trump are our only hope.
>>77843256
>The second you print that 20$ you owe 20,40$
>Print 20,40$
>You now owe 20,81$
>Print 20,81$
>You now owe 21,22$
Why don't the world superpowers both just say, "fuck the loans, we are keeping this shit" and refuse to pay? What are they going to do? You just use your army to forcefully take their reserves and ways to print money and claim it. They can't do shit when all the superpowers turn against them. What can they do?
>>77843364
it started before him and it hasn't stopped since he left despite many democrats having won since then, so you can't blame it on either republicans or democrats. it's more of combination of the rise of the welfare state, dropping birthrates, economic stagnation etc.
>>77847864
Go look at % of budget spent on military vs entitlements you nigger
>>77845328
Because God hates them for killing His Son.
They deserve it desu familia
>>77843039
That is also a graph of freedom in the world.
Pic related.
>>77848796
So if they raise the interest level they lose their biggest costumer. So it will never happen?
>>77843313
>How did it all go so wrong so fast
Urbanism
Thank the 17th Amendment, cityfag
>>77849254
>boomers did this, they reaped all the rewards then they are gonna die before the shit they caused hits the fan
Considering that 1/3 of us live with their parents still, its obvious that they're paying the price for this already.
>>77849290
Welfare is just a means of paying blacks/white-southern-diaspora to stay out of the job market so that the friends of liberal faggots(unions) don't have to actually, you know, EARN their living in a competitive environment.
>>77850030
>it's not going to be pretty.
Yeah, but what will come afterwards will be
>>77850153
>That myth is debunked. Proven oil reserves are growing every year. We'll still be pumping oil 1000 years from now.
And you can make oil from algae which makes it not only extremely cheap but also renewable.
Tax the rich and the companies more.
>>77855238
not really
world population more than doubled since 1950
productivy, varieties of consumables, technology
stuff like that
>>77843771
is that like some gay ripoff of roller coaster tycoon?
>>77849621
an mba from your state college doesn't mean much friend. When you get your masters from a top 10 school, let me know.
>>77843039
Like it always does with the currency collapse or the default. There probably be a major war to take the eyes off this.
>>77858793
Then the government will waste even more money
>>77845328
>You're the natural scapegoat
No, the urban centers and the urbanites are.
>>77843039
not with a bang but with a whimper
>>77847826
> 3 billion men
You are a special kind of retarded aren't you? Figure is closer to 320 million.
And...
Not everyone is a gun owner
Not all gun owners would join a revolution
> Homemade tank....vs an Abrams. Ok
> Homemade anything vs drone strikes. Ok
Don't get too comfy with that revolution idea idiot. You would be leveled. The U.S. military has the capability to annihilate any enemy put before it. You think a mounted gun on your cousins Ram 1500 is gunna do anything? Jesus Christ. Our government no longer exists BY the people. It exists OVER the people.
>>77859314
go away idiot. Plenty of ways to create jobs and increase standard of living. Plenty of oil around. We just need to incentivize efficency and reduce waste.
Consider the peculiar arrangement of recycling in many places. People actually waste their time sorting through trash, though not to a wholly ridiculous level, but it should be apparent that a company can engage in recycling and create thusly create jobs, and reduce waste and pollution.
>inb4 muh lolbertarianism
Some extent of government is necessary to facilitate trade and make sure that standards and contracts are adhered to and there is legal recourse for spurious business.
>>77845471
You're looking at urbanism and the rise of imperialism.
Yeah, the liberal faggots may bitch about war but you can't kill your children and become leaches without requiring foreign inputs to make up for your own domestic waste.
Every abortion is a new immigrant(or two). Get that through your head eurofaggots. Population growth is essential for forcing the system to change and immigration, being controlled by the system, creates imperialism as the system dominates foreign lands to feed domestic stagnation.
The imperialists must die and you can find them ALL on the left. We need an atomic war.
>>77846076
>niggers gonna nig
Remember the Tulsa Race Riots. Face it: keeping blacks OUT of the workforce has been the objective of you liberal faggots for over 150 years. Now you faggots are pissed that they're out of the workforce.
Fuck you urbanite. The blacks must be armed and its YOU who must die.
>>77859820
You wish, faggot.
>>77845331
China doesn't own as much of the debt as they'd like you to think
>>77860463
>Population growth is essential
No but a sustainable level of fertility rate must be incentivized or this whole thing will go to shit, until life-extension technologies or some other technological wonder can take care of the elderly in a humane fashion. A fertility rate of 1.2 is not sustainable for the pursuit of civilization nor is euthanizing the elderly and infirm.
>>77860463
>the rise of imperialism.
lol it's not the age of exploration anymore fucknut
>>77843039
PREPARE FOR THE DOLLAR COLLAPSE
BUY GOLD
U
Y
G
O
L
D (and silver)
>>77845328
Not bad, Isac Asimov made a similar point
>>77844975
real economist here
>just print more money
>pay debts
you are welcome
t. mexican intelectual on economy
>>77844975
"Real economist"
You must work the the GOV then
>>77844434
Want to believe
>>77844975
It also means they can't raise rates
>>77844975
>I am a real economist
I almost believed you there.
