Nearly 20 trillion in debt

>nearly 20 trillion in debt

Does it even matter anymore? Will anything ever happen? Are we just going to keep going further and further into debt with no repercussions?

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There is always reprecussions.

Sooner or later, the crediter cuts you off. that has already happened. Now they print. thus the entire world is dropping the dollar.

What happens when nations default is they just print new money and start over. Maybe a recession/depression for a decade or so and then back to business.

youtube.com/watch?v=VPT3ln2BQOA

Just get close to your family/friends/community. if you have any...

Read up on the Weimar Republic.

It's our (not too) distant future.

>Does it even matter anymore?
No, because the world runs on USD. If the USD collapses, every major economy on earth goes with it. No relevant foreign nation would be where they are without the USD, and as such, it's too late for any of them to try to minimize the consequences of a collapse or further exposure to USD pending a collapse.

Literally all that will happen is the global economy goes into the shitter and then some international currency backed by precious metals will come into play not long after.

When cryptocurrency takes over (Bitcoin / Etherium), it's over - there will be nothing holding up the dollar anymore.

cryptocurrency is a meme

Memes tend to spill over into reality

Chinese will buy out your asses. You better start learning mandarin, Jamal.

What would the indications of such a collapse look like?

Nobody is talking about a collapse though. We'd just get to the point where the interest payments would be too much for us to pay. We would then default, which would increase the cost of loans across the board.

>too much for us to pay
But ain't that what caused the last crash? Too many people couldn't pay back their mortgage loans

Sorry to muddle the issue. As it stands, payments on t-notes make up something like 8% of federal spending. At a certain point, servicing the debt will be too expensive and we will default.

The last collapse was caused by the cunts in the bond market pushing murky mortgage backed securities on everyone. Add in the rating agencies who fraudulently rated them, and mortgage brokers who were incentivized to give loans to as many people as possible, and you've got a mess.

>Collapses can come in many forms
Economic collapse through a certain market, Housing,auto,tech,Manufacturing it all varies
Or economic collapse through a country being in a FUCK load of debt.
>Maybe social collapse thats a possibility as the people become more and more unstable civil unrest begins.
>natural disaster too but i doubt that will occur in the western world
Or military collapse through war obviously

Its really hard to pinpoint which one will be the determining factor but its on the horizon no doubt. its just
>When
and
>what

Could be tomorrow from economic, could be in 30 years who knows
Could be from civil unrest, tomorrow or in 30 years who knows its hard to tell

But the west is boiling hot AF right now only stooges will deny this its just a matter of when the shit will hit the fan

Just kill of the debtors

the jews are going to ask for debts
that's when shit start

Economy will collapse once (((someone else))) comes to the same realization as you.

The US is anything but united. There are a dozen or so polities in North America, held together with bandaids, lies, and the USD being worth something.

When the petrodollar deals start going sour and offshore interests start dumping trillions of dollars back into the economy, the hyperinflation that ensues will be the spark that lights the powder keg.

You don't understand it at all...
youtube.com/watch?v=ONvg9SbauMg

It went down to 19.9 since Trump took office

With less money to spend on our military, you should start learning Russian

>Sooner or later, the crediter cuts you off. that has already happened

No it hasn't, the federal reserve is the creditor and they won't stop.

guys is the bitcoin money of the 666?

Debt is an illusion.
The US government can just declare itself debt free. What can anyone do about that?
The USA owns the world by force.
Russia, China, Iran, North Korea...
... All fake enemies who can't fight us.

usdebtclock.org/

>it's increasing faster and faster

>US GDP:17 Trillion
There's still hope, but it's gonna be rough these next few years. Don't worry friend, we'll recover one day.

So from an economic perspective, we're good so long as we don't rack up more than our Net Present Value of taxes. US has roughly $2 Trillion in tax revenue. Assume 2% average real growth. Discount that at a 2.5% cost of capital (roughly what the average term treasury goes for) and you get roughly $40 Trillion in borrowing power.

This is why you faggots should study the Jewish arts (aka (((Finance))) ). Barring congressional failure to raise the spending cap, we're only halfway to the absolute happening

>flag

You would know about that. Didn't the nazis go to war because they ran out of money and just invaded Poland in the hopes of winning the war (alongside the spoils)? That is not a good idea, you are essentially sending millions of Americans to die because of problems caused by Jews, all for Jewish interests.

True, but the Germany was able to fuck the Soviets and the rest of the European countries with relative ease. It wasn't until the US started providing the Allied powers with endless supplies and money that they were able to turn the tide. The difference in power between modern day US and it's enemies is much greater than the difference between Germany and it's enemies (excluding the US).

You'd quickly see India side with the US against China, the Samurai would awaken, the Europeans like to talk to the US, but they'd quickly start sucking the America's cock for protection. Russia would try to grab up parts of EE and the ME, but wouldn't be able to venture far into Europe without nukes and MAD. Jewish magic would keep the US afloat economically because the US is the only one keeping Israel from turning into glass. Most people would loose, but the US would probably come out strong like they did after WW2.