How the fuck is USA going to pay this off?
How the fuck is USA going to pay this off?
With more aircraft carriers
post obama it's at about $20 trillion
oddly almost exactly the same amount of wealth that has been transferred from the US to China during the past 25 years.
reestablishing the manufacturing base would g a long way to fixing this problem
/thread
Crash the dollar with no survivors
At this point it is posible to pay it off but it will never be paid off in our lifetimes (unless the debt is dropped for some reason like war)
We aren't, the money isn't real. It's numbers in computers. It doesn't exist. I'm not being obtuse, I'm dead serious. It's a fiat currency. Its value is decided by a private institution, the Federal Reserve. And we obviously cannot pay legitimately in any possible way, so it simply will not happen.
Insane? Nope, just the world our leaders built.
the global economy will crash before we ever have to
We don't have to pay it off you lobotomized goo bag. We own the fucking world and anyone who challenges that is gone.
A better question is what's going to happen if we don't?
You realize that its not even physically possible to pay it back, correct?
why would we pay that off? it is just paper
It'll be paid off after the petro dollar is crashed and the resulting WW3 leaves us with no survivors.
With these... look it up.
why would we ever pay off that debt?
literally protection money we demand from the chinese and call "debt" as a euphemism.
with one of these
war on you upsidedown fucks
"Global Thermonuclear War"
Who is going to collect? The USA produces a huge amount of the world's food, and has a military that could crush all the superpowers in a conventional war. So fuck our debt, keep buying it dumbass.
By not allowing other countries to measure our debt in terms of OUR currency.
inflation and/or default
Inflation, my boy. We will inflate our way out of it. Right about the same time we wipe out the social safety net. Say good by to your social security, your medicare/medicaid and hospice, your unemployment bullshit and socialized medicine and your environmental and labor laws.
Yes, the new America will be pure and clean and unfettered by any liberal ideals. In fact, most liberals will be dead or enslaved.
the debt isn't meant to be paid off
you're just supposed to kick the can down the road while living slightly above your means
a win-win
the problem is that we've lived way above our means the past 30 years
we took what could have been a beautiful inflationary journey and fucked everything up
This desu's. The only real wealth is white people. Only they produce anything. THE productive force. The Jew is white skinned but a master thief. He doesn't produce. He stole from whitey. Coloureds degenerate.
Who is the money owed to? Jews and coloured people? I doubt there was ever a plan to pay Americas debt. The future is ours to build. The world is yours, desu.
Gas the kikes, race war now. Rebuild our countries, create new currencies. Start over. Tell the jew and the gook to beat it. No one on this Earth can tell us what to do. We owe nobody. They owe us enormously.
Mining the moon for Helium-3
we won't. A country is not an individual, it doesn't die and leave an unpaid debt, it continues to pay interest reliably on schedule, so the banks that made the loans to the government PREFER to keep the debt unpaid, so that the interest payments are constant revenue. Plus, inflation makes the amount seem smaller over time. The real goal is to reduce the deficit down to 0 so that the accrued debt doesn't grow out of control. If we can get to a 0 deficit or even a surplus, we won't pay it down, fuck no, we just let our economy continually grow as we pay our interest, and eventually that $20 trillion will look a lot smaller compared to the GDP.
you don't, you put the ((people)) you ((owe)) it to in ovens
Checked and kekd
who is going to collect it?
Governments have defaulted.
Usually follows massive economic destruction.
If you actually study the debt, all you find is a long trail of bullshit that ends up in you realizing that we would be paying off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone else can pay off debt so that someone else could pay off debt so that someone else can pay off debt so that someone can pay for someone's pizza rolls
The debt exists to collect more debt
Mexico.
/thread
It's all imaginary monopoly money
>le mexio is le paying le wall XD
>because donald drumpft said so XD
Why bother? The US budget isn't like your personal one, the debt is practically meaningless.
That's why our stability is what influences our interest rates.
It is Mathematically impossible to pay back the Debt. Do you know why ? because the interest on the debt was never created in the first place. You could take every Dollar in the World and place it at the foot of federal Reserve and we would still owe it money
The most likely scenario I see is a debt default.
What I think will happen is that other powerful countries will simply stop using the USD as the world reserve currency. China and Russia are already working on creating their own gold backed currency to get away from trading oil in the USD.
The USD as World Reserve Currency really is one of the only things keeping the US economy and standard of living afloat. The 2 other legs on that stool- ultra low interest rates and quantitative easing have already collapsed.
youtube.com
If the Eastern powers decide that they want to create their own World Reserve Currency and fuck trading with the USD, then you will see a sharp decline in the standard of living of Americans and hyper-inflation. The US will quickly descend into third world status after that.
Wow what a fucking moron you have no clue. *uss liberty explodes* *twin towers become one* *elliot shimon engages in psy ops*
Yep. So based. Youre not invading north korea to install a rothschild bank. Not at all. That is for the federal reserve which is not rothschild at all. And challenges you? September 23 will challenge you. Other nations? Isaiah 40:17.
idk who cares, blow it out your ass
That'll be one trillion times the bank rate please. Dont you understand fiat interest?
What is even funnier is that if you took $100,000 to the federal reserve bank and ask to trade it in for something tangible, they would escort you out of the building.
But on every currency, it says it's a debt note. But it's worthless to the very people who created it.
read up on "starve the beast", and you'll see what's really going on. Conservatives want to make the Govt. default on its debt payments because that's the only way they can eliminate the social safety net, the New Deal policies and the Great Society that liberals have enacted.
Only then can their corporate masters regain supremacy over the people.
The ultimate goal is corporate supremacy, even if they have to destroy the U.S. economy and kill a few million people to get it.
You cant Default on the Debt it would be Unconstitutional, The 14 Amendment Section 4 "The Validity of the Public Debt shall not be challenged" It means they will print the debt before default. So hyper inflation is how we go out like Zimbabwe
>If the Eastern powers decide that they want to create their own World Reserve Currency and fuck trading with the USD, then you will see a sharp decline in the standard of living of Americans and hyper-inflation. The US will quickly descend into third world status after that.
that will be the real WW3
people hype of north korea and such. I feel like we're fine there. maybe just some proxy wars like the vietnam and korean wars
but yeah we're not going to let go of that reserve currency title without a lot of bloodshed
fingers crossed I'm dead by then
make the pic 10x bigger. it's all pretend.
Never
Debt equals money and after 30 years the people who loaned the US money end up paying us for the privlige of doing so thanks to the magic of inflation.
Why wouldnt rothschild want that 20 trillion plus interest. All money is an IOU to his family. Minus interest
we won't
we're the united states, who's gonna try to make us pay up? no one, that's who.
They own bonds. You pay them greater returns due to automatic capitalist fiat inflation? Petro dollars help nothing. Just a way to convince for all this over gold. You can steal oil and it's cheaper. Nobody owns oil. People own gold though
Believing in the money meme.
Money is a social construct!
If the USA wants to be change it's money, print more money, increase the value of it's money, it can damn well do so. Don't be such a bigot.
They terrorise you you moron
give them the 20 trillion plus another 20 trillion tip. put it on a 40 trillion bill, put the Bogs on it.
This is not a post
I dont know about this "starve the beast" but if hes saying America will Default then he doesn't know what hes talking about.
well there's like 300 million of us anyway, i'm sure we won't even notice
So you dont want greater israel and the third temple. Nobody owns your bonds. Ffs the simpsons called this. And it was after a literal trump presidency
>tfw the American tax payer is not paying for your pizza rolls
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We don't negotiate with terrorists stupid.
>put the Bogs on it
Even some things are beyond their reach.
Such a clever meme. Demean it completely and it can be swept under the rug. It's just a lie number. We literally never say on here that America lies to you. But here? Gib sheggels bls
You create them
this
we just raze their sandy shitholes
dog bless the usa
Their cia tunnels you mean. Dog bless? Jim Jones tier. Why do you guys despise yourselves
Give this person of a non-specified sex and gender a degree from Harvard! Stat.
We just need to invade a few more middle eastern countries and steal their oil, we're good for it.
The US Mint can simply print a 20 trillion dollar bill. Ultimately, that's how our debt will be paid off, by inflating it away (which is hardly different from simply defaulting).
>knows left hates this economy
>i know
>ill pretend we dont do this and idolise daddy issues so ill use their memes against them for the same economic issues
>>No.122222222
Thatll be 20 trillion times the bank rate please. Inflation is inherent here. It doesnt pay for shit. No dollars can pay for this. Thats the point
we wont. we will create a trade deficit with another country, and they will pay it for us.
Kek confirms, race war now
>reestablishing the manufacturing base
You mean overpay "busy work" fat white rural folks to not be bitter?
Manufacturing is for robots.
>its a debt note
This is retarded and not true. It does say "legal tender for all debts private and public". Which i understand to mean private citizens and govt must accept thia money as payment, not that the fed reserve is obligated to exchange something for the note.
It is true that our money was once a exchangeable for silver but that ended on the 1950s or 60s.
We fucking aren't.
Who do these Chinks think they are?
The Jews?
(but desu I remember reading somewhere that China doesn't actually own the majority of America's debt. America does. fool.com
You're a child who doesn't understand global markets. You should learn, then you won't die a poor, bitter Trumpcuck. You might even make a few bucks.
It's a pyramid scheme. The Chinese buy in because we have a strong military and powerful consumer economy.
This way their people have work and can bolster their own economy without having a strong middle class themselves.
The only people that get fucked are the countries that are on the bottom of that pyramid.
You require a fuck load of gold to be considered for reserve status. You need to be able to manipulate the gold market.
You're a dumbass if you think nobody should make money.
worse case they just print it, but it fucks everything but its the world reserve with no other real alternatives so the world will deal with it
>Debt
>Paid off
Sounds like you need an (((Economics))) lesson there, goy!
(((Math)))
Why would we be stupid enough to pay it off? We own the whole earth. We are historically the biggest empire. You think China is gonna collect?
be real.
Everybody says that. Every generation. Ever.
Whose gonna come collect?
Fpbp
Checked as a motherfucker
Nobody's paying that shit nigga
This poster just redeemed Canada
It doesn't need to. Because the US is the single most creditworthy entity on the planet, it can just keep refinancing debt and allow the natural inflation of currency to pay it down.
NVIDIA GRIDâ„¢
Doesn't physically exist you Federal reserve shilling idiot
Probably why they never gave a fuck as the debt grew.
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>try to collect americans' debt
>get shot
Hell, they might even nuke you if you try it.
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Actually, the dollar belongs to the federal reserve bank, it is a privately held organization. Potus could create a national reserve bank who creates the national us dollar, all debt is gone in overnight.
>implying we have to pay it off