Just how the duck are we 20 trillion dollars in debt without collapsing?

Just how the duck are we 20 trillion dollars in debt without collapsing?

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its just money bro

Take more debt to pay the interest on older debt. Problem solved forever

Because the money is a bet on the US economy expanding. More importantly, the money is invested in the US because the other options are seen as worse, as in more unstable, worse return.

The problem is that the US needs to actually grow the economy with the money it spends on debt.

Because you transfer your prosperity and purchasing power to foreign nations with ur garbage consumer goods trade deficit economy

You will not collapse because u can print the money and ur debts are in US dollars, but the average Americans standards of livings are steadily declining, and they will sharply decline when foreign nations stop taking ur too srsly ur paper and swapping it for goods and services

confidence scam.
people refuse to believe they could be suckers

It’s like a credit card where you only pay back the minimum each month. My Econ professor said it will never collapse because the nation’s life goes on forever and we can always pay the minimum.

cause if the debtors come they'll just get nuked

guess which country is the only one in the world that pays its debts with the money it prints.
i'll give you a hint: it's not china.

Ok but you can't just print money forever right?

Won't there be a point at which investors just decide enough is enough?

Guns.

Who and how would they collect.
It's all imaginary bullshit.

productivity gains have kept inflation in check

maybe. the paradox is if the (((creditors))) want their money, then the government would just print a $20 trillion bill and hand it over rendering whatever investment they made totally worthless.

Keep paying the minimum.

Also, most public debt is held by US citizens resulting in most of the interest paid going back into the US.

This guy gets it.
It's best (((they))) just stay comfy, and keep lending.

That would cause hyperinflation, which would be a disaster.

Because no-one can take the money that's owed. If anyone makes a move and wants it, they risk crashing the dollar in the process which a lot of economies rely around.

Petrodollar.

if it got to the point where the money men came looking then it would already be a disaster. paying the debt (with a $20 trillion bill) would just be like throwing gas on the fire. the dollar is worth so much and goes so far not because of oil, but because the lender has the power to completely fuck the creditor.
whatever jew cooked this scheme up was a genius desu.

Well if lenders actually collected more than interest this country would collapse. If this country collapses then those who loaned us money also collapse since our interest payments prop up thier entire economy and being able to export to us.
So basically we borrow 100 (they invest in us) and collect interest $0.10 cents (dividend) and can never pull out since their country is financed by that $0.10 and also on the ability for us to buy thier goods at premium prices.
Basically we are too big to fail.

As long as you have the military hegemony necessary to enforce by might rather than right that your toilet paper called the dollar has a value worldwide, you're good. Once people switch currencies, the dollar will collapse and take the US with it.

The reason why countries like NK, Iran, Russia (as well as Lybia under Gaddafi) are posing a direct threat to your existence and you are obligated to bring them down to their knees is because they're the few able to enforce the use of such an alternative currency in the foreseeable future.

Can always print more. Kek.

I really hope trump will be on the 20 trillion bill

It wouldn't though. Nobody can break a 20 trill bill so that noney wpuldnt go into circulation. It would just be a stylised 'fuck you, not paying' note.

What happens if they stop letting us borrow?

the debt is by design. Printing money is good it causes inflation. Small amounts of inflation are good because people have to keep working and investing boosting the economy to survive because savings become worth less and less. And if the government is ever in a bender such as a war they can just print what they need. The debt will rise forever. It's fine as long as the rate is healthy and kept under control to prevent hyperinflation. There is no big bad man in a black suit that is going to demand all his money some day because it's not even possible and purposely designed that way

Iraq, Syria & Iran tried that. No more US dollar trade. Look what happened to them.
The world runs on oil.
Saudis only accept US dollars for payment.
So the world has to buy US dollars from the US treasury.
Which means the world has to sell junk to the USA and is forced to buy weapons in return.
The day the petro dollar trade collapses is the day the US economy collapses.

Did you not take economics in highschool? The more debt you have, the more money you have. This is why the richest people also have the most debt. You need money flowing, in and out, constantly. You can't just sit on wealth. Why does debt scare you? Do you think China will just suddenly call for all of the u.s. Debt all at once? Well they won't. Why would they? Our current system of borrowing and lending is the cogwheels that keeps our nations going.

>Do you think China will just suddenly call for all of the u.s. Debt all at once?
Maybe not but that's why we can't do shit to North Korea either.

You pay the interest and then you can borrow more. The collapse would be if the interest was stopped being paid because then people would stop lending to you. They might also seize assets belonging to the US that reside within their territory.

Bitcoin is single handedly holding it all up.

Who cares? Think of a car loan. Would your bank suddenly just say, "hey I need all the money you owe right now"? No, they wouldn't. It's much better for them to have those constant payments coming in.

the whole world collapses around us and we are just fine

>ctrl f world reserve currency
>0 results

shame

Petrodollar. If the worlds ecomies abolish the petrodollar, you're bankrupt in one second.

You should've ctrf+f bretton woods. Not that it'd be any different, of course.

It's the magic of fiat currency.

Because nobody will come and take that 20 trillion, i'd just keep borrowing and borrowing while building up the military more and more until everyone submits to my circumcised american cock

governments don't care about money. They use it to control people and keep us from taking all of their nice things. Even if we were 200 trillion in debt who the fuck is gonna do anything about it?

is there any country in the world that isn't in debt?

That's due to the US military having rail guns, hellfire missles, and nuclear warheads.

They do care about money, that's why they have to ask first if they can make a central bank for their countries.

The answer is usually no.

Most of that debt is money the government has "borrowed" (stolen) from other tax payer funded programs such as medicaid and social security in order to fund other (((programs))) and will never pay it back. Why is nobody upset? Check is in the mail.

Daily reminder that we could pay it all off without cutting any programs in roughly 26 years if all non-whites left the US. With the current tax structure.

1 Black = $10,019 per year
1 Hispanic = $7,298 per year
# of Blacks in US = 39,908,095
# of Hispanics in US = 56,600,000
Cost/Year Black = $399,839,203,805
Cost/Year Hispanic = $413,066,800,000
Cost Total/Year = $812,906,003,805
Debt = $21,000,000,000,000
Years to pay off = 25.8 Years

These numbers are from 2014 and 2015 data, but you get the point.

Because senil boomers will believe the scam until the very end. Other countries go along because the pulled their own scams, which would be exposed along the way.

Here's something fun to think about: when you count the net totals, governments are in debt. Municipalities are in debt. Corporations are in debt. Households are in debt. Who's lending them all of that money? Where does the money come from?

Boomer/Keynes mind set; in the long run we are all dead.

pay denbts

The National Debt isn't as bad as you may think. Don't fall for the jewish trick of equating it with household debt, because it isn't.

Often government debt is a busienss's income. Which then pays other businesses for goods and services, and so on and so forth.

That isn't to say we shouldn't strive for a balanced budget, we should. But we surely should not use the deficit to cut programs or raise taxes which would hurt the economy overall. Debt is just lines on paper, we don't really owe it to anyone but ourselves.

>Who's lending them all of that money? Where does the money come from?
that's exactly why I asked that question
I just don't fucking how this shit works

so what does it mean when people say that China owns our debt?

Money gets printed and given to spend. They can control who gets the money from there that way always keeping who they want on top.

>Debt is just lines on paper, we don't really owe it to anyone but ourselves.
>ourselves.

I don't think you understand how (((central banks))) create money or (((who))) owns them.

> a fucking leaf

The money doesn't come from anywhere, that's the miracle of fractional reserve banking

We Are Fucked. We are essentially already bankrupt. The government indebted unborn children to Jewish gangster banking, all of our leaders are seditious and deserve to be hung. Americans are too fucking stupid to care tho. MUH NFL FLAG PROTESTS>>>STAR WARS>>>>GAME OF THRONES>>>HUURRRRR

who prints it?

The US sells other countries like China bonds, who then use their (((Central Banks))) to print and "loan" us money, at an interest rate. Americans pay the interest rate EVERY paycheck with Federal Withholdings, while never actually paying off the debt. It's the most criminal banking scheme ever manipulated over a nation-state to fucking date. It's absolutely criminal and the average American has been purposely led away from being educated on the issue, and people who seem to talk ONLY about this issue are marked as weirdos or conspiracists somehow. It's Jewish Gangster banking is what is fucking is.

It means they are full of shit. The majority of debt is owed to Americans. Followed by international banking conglomerates, other nations like the UK, France, ect. and eventually China.

China could no more crash our economy than they could put a man on the moon. All that BS about China taking over is just propaganda intended to make you fearful, so you will obey like a good boy.

Debts privat households make is also Business income. The goverment debt is arguably worse especially, if the Money isn't spend on useful goods for the public.

so China isn't in debt and they have money to buy it?

Because you are Israels private army.
When (((((they)))) have no longer need of you, they will leave you to die.

Jewish Central banks in other nations the US sells bonds to. The various countries of nationality these banks are setup in IE China, Germany, whoever gives the appearance of a Goy front. This way the US looks like it's borrowing money from said nation's treasury, but in reality we are borrowing the currency from the same banking network as the Fed, just in a different country. It gives the Jews a shabbos-goy like front. Americans are absolutely uncaring or too demoralized to get in the game on this issue. Some are just downright too stupid to understand the basics

the (((federal reserve))) which is indeed privately owned

>I don't think you understand how (((central banks))) create money or (((who))) owns them.
could you explain it?
or post some links that explain it

youtube.com/watch?v=tGk5ioEXlIM

Learn english before you post here Mohammad.

Do you can borrow money from yourself at a high interest rate and make money off yourself indefinitely?

We won't pay it back. Don't worry about it.

Not sure about China's debt, but I would imagine it isn't nearly as bad as the US since they have OUR old MFG base. The US debt was at like 1.8 trillion in 2000 when I was a teen, when George W. Bush took office. From GWB, to Obama, and onto (((Trump))) we are looking at 20 trillion right now, that has been loaned just during my adult years, with 0 fucking consent or acknowledgment from the American people. We were not educated on this system in highschool, it's criminal to the core. Loans require consent and understanding to the conditions of the loan, the average American is paying interest on a loan that didn't buy anything, and they don't even understand the conditions of the loan. It's horrifying

Hahahahahaha no, no

The us can't grow it's way out if the debt.

We are just going to default on it. And move on.

Just refuse to pay. What are they gonna do?

youtu.be/2nBPN-MKefA

I thought this was a hoax when I first saw it. I then wrote down a list of assertions made in the film and quizzed 3, unconnected, very senior bankers in NY. I've since done work for some really big banks including NY and Philly Fed. It's true, fucking insane but true.

Obama.

retard

Most Oil the US uses is from America, and the majority of Oil outside of the US comes from Canada and Mexico. OPEC's Monopoly is going to disappear.

only reasonable answer in this thread. who do we owe the debt to? and what the fuck are they going to do about it if we don't pay.

what happens if you ow a bank money?
they take your car\house.
what happens if government owes you money?
no, really, i wanna know who can make america pay for it? the only way to do so would be war or cutting of economic connections with you, but every one is in debt and weaker then the US

you tell us jewboy. probably release a bioweapon or some shit wont you

>20 trillion dollars in debt without collapsing?

it's only "debt" if you plan on paying it back...

You realize the US government debt isn’t the only thing in America. We have tons of wealthy businesses that produce 18.7 trillion dollars a year. When the US economy produces that much it allows for a great amount of leverage. A simplification of this: a bank is more willing to give someone with a high salary a loan because he is more likely going to pay it off.

Also, the USA is the largest consumer in the world. If America had an economic collapse the entire world would go down since there wouldn’t be anyone to buy their products.

Finally, buying US debt is actually a decent investment. You can even liqidate it whenever you want by selling the debt to other countries if you want (not that it happens)

I’m sorry if this made no sense at all I’m phone posting

By not paying your debts
>sharts making fun of Greece while they're the same

the debt is paid with economic power and ultimately destiny

Nice. Can't we just boil them alive. I would think we could make their fat worth somthing.

Military.

Our country has not collapsed because we've pretty much held the world hostage.

Play by our rules and maybe you'll prosper in our system, disobey and we bomb your country.

No joke, it's either been "join us or fight us".

Eventually they will choose to fight

Its basicly money owed to old people so they can get their ass wiped.

>venezuela
>iran
>afghanistan
>pakistan
>syria
>lebanon
>libya
>egypt
>cuba
>yemen
>iraq
>vietnam
>north korea
>ukraine
>kosovo
>serbia
>albania
hmmmmm

best post

Because the world trades oil in USD which means the whole world is supporting your massive loaning.
Once countries stop trading oil in USD ...

Your still can afford to pay interest.

pay debt or we send refugees

Think of it like this.

You have a cabinet with some capacity to hold dishes. If you are well off you can have more dishes than your cabinet can hold. That means you have more dirty dishes at one time.

The cycle is you have your cabinet more or less full and your extra dishes in use because you can afford to use them.

If you were poor you would need less dishes than your cabinet space. If you had more, they would go to waste.

The US isn't wasting that dough, man. Some debt is good. 20 trilling in debt is because we are exploding to compete with places like China. It's all hush hush, but don't worry.

The Japanese version of the FED has been buying back their national debt.

Who’s going to come collect it?

You have to wagecuck only to support nonwhites.

>stupid fuck thinks we can ever get out of debt
>all money we print has debt
>literally cant make money without debt
>always debt
>being able to get out of debt
smfh.

Money isn't real, its all a figment of our imaginations, so it can go wherever it wants. We could suddenly default or call in our debt with other countries and collapse the world if we wanted to, instead we find new and exciting ways to convince people that everything is ok and to continue having faith in monopoly money and numbers in a computer.

jews most likely

Because the Federal Government is the sovreign issuer of the dollar and therefore we can never go bankrupt because we can just keep printing more money (We can worry about inflation but thats what taxes are for)

Also debt is just the amount of money that the Fed shifts from reserve accounts to Treasury securities

Just make more money. That's how you have managed this far