Why is the the debt so high? When will our economy crash? Does the debt even matter?

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usdebtclock.org/
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tits or stfu

Go back to consuming, creatina. Do not ask non-american things... or you end up like nadsiz.

sarah snyder was ass that D-list celebrities on twitter passed around in 2014 why is she a meme now

op didn't claim to be female

kek

> Dat green tinge

Seriously, love. Get some fucking toner on that mess.

La goblina

girl in the background just saw the future of the west

Women are the only ones going to college so yes.

They want to pretend that it doesnt matter anymore, lots of people seem to think we can keep up the inflation the debt and everything yet still have plenty of resources. What’s actually happening is that the super rich are staying aloft hopefully driving the system along to generate the resources to keep things moving and the money flowing, while the upper middle class are trapped behind a glass tax ceiling in America that pays off some of the debts? Maybe?

Ideally the economy could be broken down into a system of numbers we can follow and understand, yet doing so is very difficult to accomplish. The layman can imagine the economy on a scale of goods produced being exchanged for the right amount of currency. A system where everybody contributes in ways that are valuable to the rest of the system in exchange for livelihood. Yet after the agricultural revolution, we started to specialize, as we now only need a few people to produce all the food we need.

Forgive my word salad I am very tired, and I’m not sure if I’m functioning coherently.

it does matter, but jews have been on both sides of this for a while, outsource everything, pay for it with borrowed money, the money comes from jewish banks
if you ask, so what about the debt? they will tell you, nahhh, don't worry about it

then one day, you will have to sell your national parks, your museums, everything you have, and it sill won't be enough

None of this is true. The truth is, all paper money is a house of cards. Ask any shark and he'll tell you.

That house is about to bust. and all hell will break lose.

OPs pic is Sarah Synder, niggerlover and starfucker.

Very unlikely that she is OP.

And to answer OP, debt probably is meaningless considering if we continue on the current course I can't imagine we make it another 10 years without total economic collapse,

The West will collapse over night. Europe, Japan, the US, will vanish like they never existed. If you your is worthless, no one will sell you anything.

cash

it's not rocket science, its just another kike blender.
what we see now, is roaches making a last buck of a dead cow

Gold, Silver, Platin. Diamonds. Forget the rest.

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The Important thing is that the economy is pushed forward, similarly by only a few individuals who understand how to take risks, who have the intellect to plan for problems, very few people just get lucky and just keep getting lucky. People like the current American President, CEOs, prominent buisiness owners in your area who provide the income. There’s only a few of such individuals compared to the rest of the population, who for reasons that may be genetic, environmental, or developmental are just unable to replicate.
They wind up feeling inadequate because that’s what we’re conditioned to feel like when we’re not the alpha male. We want to be the alpha male because he’s the breadwinner, the producer, he creates a surplus and our women want to breed with him so that his genes pass on and we become better as a species.

But we’ve got marriage now, and a tradition of having every man get a wife (ideally). This is causing all of the genes to be passed on, not just the Alpha’s. This means a small portion of society is rapidly progressing instead of the whole tribe progressing genetically, and this has been going on for centuries. While a large portion of people are left in the dust scratching their heads. They end up doing labor, just whatever they can, yet they’re going to feel abysmally inadequate compared to their bosses, when they’ve been told everyone is equal their whole lives. They don’t understand why they’re not on top too. It’s thusly rather easy to convince these people that they’ve been tricked, that their boss is stealing value from them. In reality, they just can’t organize the resources to produce that much surplus. Communists are born.

Now our biggest problem is going to arise when we reach the unsustainable point in society where the top earners cannot organize the procurement of resources to continue supporting everybody else who’s been genetically left behind. Welfare has, actually accelerated this I believe. (Cont?)

She just bought that sucidal tendencies t-shirt and hasn't even washed it once.

Food is far FAR more valuable in a collapse scenario. Especially up north. Winter is coming after all.

The banking system needs to change to one where there is free banking and banks are allowed to print their own notes. No central banking.

that of course. Still, owning a few rocks cant hurt.

>All ages
>cucked FL
>jailbait

Is this some pizza shit?

You never know what slimy kike might survive. So keeping a few of their pebbles is not so bad.

Starfucker? Bruh, that's my favourite band

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>Why is the the debt so high?
Mostly mortgage and student loans debt
usdebtclock.org/

>When will our economy crash?
2020

>Does debt even matter
You don't want to have debt

Well what's wrong with the national debt? Private debt is bad though I agree

The debt is so high because the US keeps cutting taxes while government spending has been increasing. Taxes have been going down since 1945 because WW2 fixed the US economy.
It will be really hard for the US economy to crash because most advanced countries want to support and invest in it.
The debt might not matter unless the US finds it hard to pay back debts resulting in the credit rating lowered. Its currently at AAA. In fact debt can be used to accelerate growth.

Because you governemnt stopped being a governent and started becoming a bank about 30 years ago. Contantly try to bail yourselves out through tax but it hasnt worked once and just digs you in even deeper, all the while corporate lobbyist and banks have slimed their way in to use the government as their private militia.

As for International debt, no it makes no difference because no one is ever going to use military action to get their money back, plus it wouldnt work. Even if they did win they'd destroy enough of the US that it would never revover and they would have to spend 3-4 times the amount they are getting back.

Delinquency on student loans is around 10% (90 days+) and credit cards delinquency is up to 4.1% (most of the increase is by people with bad credit)

The debt is a ticking time bomb.

Nah debt doesn’t matter. Having a decently high debt ensures we never have deflation.

So if theres a recession the US just shouldn't prop up banks? Wouldn't that exacerbate the recession?

The debt is so high because the US military has been waging a secret war against Nazi germany in Antarctica since 1945

(Cont.)
With the rise of the welfare state, we are now at a point where we are supporting people with our resources who aren’t contributing to their procurement. The contributors must work harder to support these people. What’s worse that that is when we send Aid to Africa, down south to places where people aren’t used to building things up. Food is plentiful there year round, so when we send Aid to them, they’re going to put all those resources towards breeding.

This is why the African population is exploding. This also means that next time we’re going to have to send more Aid since, these people have populations that their natural environment cannot support. They’ve never had to have an excess to survive and build a civilization around up until just a century ago, they still don’t understand it so in the absence of Aid they die.

So now the top producers have to support millions upon millions of people, and they themselves are being set upon by angsty plebs who have been told that they’re being robbed, while at the same time there’s some of of these highly successful people pushing everybody forward... who aren’t having any damn children! We’ve got multiple bottleneck scenarios happening all at once that are just barely being staved off by... well I don’t really know. It’s all very horrific. We’re being told by the media and universities to demonize the very people keeping the ship afloat, yet to demand more welfare from them instead of producing it ourselves. With the world population at heights much MUCH higher than any other point in history, and our weapons much deadlier than any concieved in previous eras, should things get out of hand we are going to witness the greatest loss of life humanity has ever laid witness to.

BODIES IN THE BILLIONS. When the smoke clears there won’t even be anything to celebrate, we’ll have ruined thousands of years of progress.

Underrated toast

Fractional reserve banking, excessive welfare and military spending, quantitative easing, stripping heavy industry overseas, exc.

Not gonna bother explaining anymore do your own research faggot.

If we were to just let the free market do as it will, maybe we can survive. Maybe.

>faggot
Why the homophobia?

Nah new institutions would be built to take over where previous ones had failed. Might take a couple of years but in the end the financial sector would be much better off. It would be even better off if overleveraging was a capital crime and we executed the executives and boards of all the banks that failed.

>leaf calling me things

So the US should take that risk rather than do something they know works most of the time?
If they don't bail out major banks all other businesses would be fucked and the US might not be able to recover ever again.

>When will our economy crash?

you are in a full tilt ride already, so is europe. now just wait rates to raise --> dollar up --> bankrupts instantly europe and south america who hold dollar debt. ecb cannot raise rates they are trapped already, thus pension funds are POOF GONE. cant maintain 8% return with zero rates any longer. can not go lower rates either. trapped

the whole reason for the trump election and all the politics going totally insane in the world is the debt clock. nobody has ever beaten this clock and it always ends up in a war. this time it's civil war in usa more likely than foreign war

Your debt to the Gods is all that matters in the end.

well maybe south america and europe shouldn't have gone so socialist.

What's wrong with QE?

youtu.be/ns1SGo3WCF4

Yep sucks to suck. Shouldn’t have done it in the first place.

brainlet pls learn inflation and base money.

OH SHIT!!!!
pic related
Yes, these things run in cycles.
Like every thing else in the universe.

Some inflation is good though.

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I plan on buying a house when things crash again.. Any idea on when it's projected?

QE doesn't create more inflation what are you talking about? QE creates reserves by trading bonds for reserves, and since banks aren't reserve-constrained when making loans, QE doesn't allow banks to lend more. Learn economics brainlet

Yeah but what happens if Russia and China invade the country then loot it
Bet you never thought of that one, cuckboyz

>monetarist

Velocity of money is a thing. Got to give it a reason to move.

Right now.

2 years tops, in all honesty desu

Telephone commercials

What is wrong with National (Public) Debt?
That debt can actually go to zero.
When was the last time a government ever payed off in full it's debt?
Never.
Private/Corporate Debt you can most times get something back.

They'll be consumed by fire from God.

youtu.be/51iquRYKPbs

Heh heh word from the big man up top is the he is on their side and that's the plan, Stan

>Why is the the debt so high?

because you are rich
all debt = all money

when you create debt you also create money

God wouldn't be on the side of mongoloid subhumans dumb motherfucker. God is White, God's sons are White.

The last time we tried to eliminate a portion of our debt the following year we had an economic recession. Also we did eliminate 100% of our debt like 2 decades ago but the US ended up in a depression

The idea is that a surplus would be better. If we had a national endowment fund it would be able to pay for a bunch of neat shit instead of the tax payer.

Kind of a moot point when you can just print the money though.

Stan, father says it's time to put the anime away

its always a race between economy and debt
if the economy and gdp etc grows faster than debt, no one seems to care

>If we were to just let the free market do as it will, maybe we can survive.
Maybe, better chance for sure.
We've never carried this level of debt in history either, along with these population levels.
Good read.

Your leaked remote viewed kill shot safe zone wont save you.

>its always a race between economy and debt
>if the economy and gdp etc grows faster than debt, no one seems to care

GDP cant grow faster than total debt, because debt creates money from which GBP grows

total debt = government + private debt

you are a fool if you look only at government debt

>Also we did eliminate 100% of our debt like 2 decades ago
No.
And we have a recession every 7 to 8 yrs.
>Business Cycle.

>leaked remote viewed kill shot safe zone
Wut? Stan, honey...
We were supposed to have a catastrophic Nibiru pole shift but the Gods changed those plans, too

no you fucking retard
not everything is paid with money that doesnt exist. GDP is the worth of all produced produces by people or companies in a country

just look at my country germany, our debt went down while our GDP was growing

The USA federal debt in 1939 reached $48B. Cartoonists ridiculed the idea that this was OK.

Today the debt is $20493B

it's 500x bigger than 90 yr ago

there is no problem with debt morons

debt = money

look at Africa, they got no debt, and no money

>GDP is the worth of all produced produces by people or companies in a country
>debt went down when GDP was growing

Thats a broad statement, debt could've been paid off in many ways

A lot of Africa is getting in debt to China right now. Are you just ignorant to the world?

Except Private Debt is actually a bad thing while the Government Debt isn't.

That implies that we balance the budget during the business cycle, which almost never happens. When times are good people may borrow and spend more but equally they may put more aside for their retirement. So if the spending/saving/borrowing pattern of the population isn’t symmetric over the business cycle, neither can we expect the government to run a balanced budget over the business cycle. Instead of imports and exports balancing, our economy has something like an annual 5% of GDP deficit in its current account.

Also look at what happened during 1823-1836. We reduced 100% of the national debt then

>blonde
>suicidal tendencies shirt
my wife

btw i made a typo there i meant products like for example a sold mercedes benz or just chair
stuff like this

>just look at my country germany, our debt went down while our GDP was growing

your county is the EU now moron, your's went up, but Greece's, Italy's, Spain's went down because of that

you don't live in Germany since 1999

if you are talking about the US economy, do you look just at Alabama, or Florida... ?

you need to look at the Euro Area economy as a whole, because that's now one big country just like the USA is, it has the same currency, monetary union, united banking system, ECB is buying the bonds of all nations...

Where did the Federal Reserve get the money from to buy $4 trillion in US debt?

Germany is not a good example because it profits off of the EU so much. It gets other countries in debt by bailing them out and then they get paid back in interest. So now Germany has a surplus in its current account and it can pay off its own debts more easily.

>Not distinguishing a sovereign currency issuer from a currency user

There's your problem, bucko

We haven't seen a first world economy collapse due to too much debt, because there are always foreign investors around to buy that debt.

That said, the more a country is in debt, the more the rewards of domestic economic growth go to those foreign investors and not to the actual citizens of a country.

Through a single keystroke that credits the bank accounts. That is not QE though

>Are you just ignorant to the world?

do you think the Chinese have the US dollars?

so you must borrow from the Chinese to gain dollars?

where do the dollars come from, how are they made?

how do the Chinese create their own Renminbi?

Africans are dumb low IQ niggers, they do not have their own money because they cant count, they cant create anything, no civilization, no functional economy. So they ask for gibs.

Australia is a sovereign nation, it has its own currency that it creates, USA, EU, UK, Japan... all create money by creating debt

all debt is money, it all sums to zero

debt + money = nothing

>tfw I see another MMTer

My nigga

As long as people continue to believe in money and by extension credit/debt it will not ever crash to the point of being erased. Even then a new system would be created to take it's place with a new name, but same exact practices. There will be highs and lows but that faith can be restored with ahem *stimulus packages*. Debt can simply put the burden onto the next generation, and that generation does the same.

>how do the Chinese create their own Renminbi?

where do the Chinese borrow their Renminbi from?

who loans the Chinese their Chinese RMB?

that was the most incoherent post I have ever read on this board.
Also what the fuck is with the reddit spacing and meme flag

that is EXACTLY QE

That's so retarded I don't even know where to start.

>Also what the fuck is with the reddit spacing and meme flag

whiter than you abo

make an argument or kys

Don't worry OP if the debt gets too high just start a war with the country you owe the most too. If you win the debt will be wiped out

He has a point and yet you won't even argue substantively.
Because the mainstream media and the establishment politicians who have no sense of economic reality have pushed you into thinking so.

QE has nothing to do with "printing money". Rather it is when the Central Bank buys bonds in exchange for the deposits in the banking system. In other words, its just adjusting several bank accounts to reflect that a transaction has occured. No money creation in that