Is this a problem

is this a problem

Our debt was smaller because each dollar was worth more back then

>is ever rising debt a problem?
excellent question, is bullet in your head a problem?

who the fuck cares?
who are you going to pay that debt to?

...

poor people call it debt
rich people call it bargaining power

Debt = money, we're rich

Can only continue like this for so long .. 2008 quantative easing will fuck us all ... hard.

I'll be sat in my BTC + Altcoins raft riding out the storm

Yes, it is a problem. As the debt rises the government pays more to service it, which means cuts to programs or a rise in taxes. Furthermore, the government must find someone to buy its debt. If it is the private sector, all the money spent on government debt is money that is not spent on investing in productive things in the economy. Interest rates rise and that slows growth. Or, if the central bank buys the debt it must do so buy printing money, which causes inflation and erodes purchasing power.

thanks bush, obama, clinton, bush, reagan

No. The faster this whole shithouse goes up in flames, the better.

SPEND SPEND SPEND

ITS A BUBBLE! IT WILL BURST.
BTC HOLDERS BTFO!!

oops sry. wrong thread.

No. Money isnt real, military presence and force projection is.

It doesn't matter, it's never gonna get called. It's just numbers on a screen that give people something to bitch about

>is this a problem

Yes, when all your taxes go to paying the interest on all the debt bonds.

No problemo, you can just take more debt to pay the interest on existing debt. Problem solved forever
>inb4 Americans come in and say hurr durr who's gonna collect from us (pro-tip: most of US debt is owned domestically)

it's a problem when the favor of the banks is switching to a different global player like china and they demand payments.

if they fuck up NK or Iran like they did with vietnam it's over. the US is in a difficult situation. they need to swing around their prick in order to maintain dominance but they had trouble getting it up the last decades and they got no receipt for the blue pills anymore

lmao this

Quick rundown o what happened in the 70ies?

Nice try, libtard.

its totally fine lol