A catastrophe is waiting to happen. The wall added only more debt, the debt is growing astronomically and had hit the ceiling.
The US and its influence is on its way to collapse once the debt crisis will start.
A catastrophe is waiting to happen. The wall added only more debt...
Jaxon Cox
Other urls found in this thread:
scholarsstrategynetwork.org
outline.com
twitter.com
Kevin Turner
>China collapses
>lol where did the debt go
If numbers, I'm calling it
Camden Wright
>China collapses
>lol where did half of the American economy go
Jackson Wilson
Q predicted this.......
Aiden Rodriguez
Liam Ward
guys is there anything we can do to record what life was like before the collapse? maybe a documentary or something to really capture before and after?
Landon Phillips
If you owe the bank $100000, you're fucked.
If you owe China 26 Trillion, China is fucked.
Jaxon Clark
This.
Easton James
Wish more people understood this
Gavin Long
I don't understand this.
Lincoln White
>I'm not paying you back.
That is because you're a fucking idiot who voted in Cuckdeau.
Camden Moore
Oh it's that simple. I understand, now.
I didn't vote
Hudson Peterson
If China stops buying your debt as is the case now, you're fucked because you can no longer fund your Ponzi scheme of an economy and military adventurism.
Daniel Johnson
>The wall added only more debt
And by "wall", you mean "fence". And by "fence", you mean the exact same fence Obama has been building.
Jackson Young
And by that I mean that if just a recession happens, you will need debt to spend to get out of it through stimulus.
No one, not even China wants to borrow your debt, and you're stuck in a long recession.
The Grreat Depression ended through spending on war. But this time, there won't be enough debt to fund the military adventurism to get out of recession, let alone smaller projects or to project your influence.
Trump is only the beginning of the end of the US empire. For once, it is indeed happening.
Daniel Price
Health act changed everything.
Justin Jenkins
you're fucking retarded, we're not in debt to china, our country is in debt to itself, essentially. all of our debt is owed to the Federal Reserve, every cent that our government has been loaned from them is owed back to them at interest. this means that every other country that does business in USD needs to give their money back to the fed.
Grayson White
this. and when you owe the joos, they get their money, one way or another.
Julian James
Lol same
Jack Moore
Again...
>money is created ex nihilo
>"Debt does not matter:"
t. (((Paul Krugman)))
>"You won't default if you print the money."
t. Donald Trump
^take as many as you can handle
>inb4 the REEEEEEEEEEs of textbook meme economists
Nicholas Richardson
>our country is in debt to itself, essentially
>gubermunt
>debt
>self
>es
Brody Reyes
>what is FED balance sheet
>what is SNB stock holdings
>what is BOJ owning Japans own debt
Where did Belgium (of all places) get the moolah to hold this much US debt?
It's all imaginary in case you haven't noticed already.
Gabriel Gonzalez
Dylan Hill
Buy more food
Levi Peterson
Don't blame the wall, it barely got any funding. Try the billions to Saudis and Israel
Carter Diaz
anything happening to either the US or China will plunge the whole world into an economic shitstorm.
all of which will be ended by a fuckload of commoners getting fucked in the ass and losing their retirement or starving, while the fatcats erase a shitload of mistakes and start from scratch with all their actual physical wealth in tact.
and a bunch of upper class speculators who have no physical wealth, but just wealth they let float out their in the ether, will end up with the commoners.
and then life will go on.
honestly, better for it to happen now, when i've got a government job and am young enough to soak up some more suffering, than 30 years from now when i'm being put out to pasture.
Nolan Carter
I thought the (((ceiling))) was 10 trillion dollars ago. What gives chicken little?
Dylan Perry
well, they literally can just be like "whoops, lets just reset all our problems by doubling the price of bread for the small folks" and saying its the new normal.
Justin Baker
The Treasury Department could print a single $21,000,000,000,000 bill to pay the FED.
Adam Phillips
there's much truth in your statements
Julian Gray
Retard.
Ian Lopez
we ignored the common sense voices for too long so now we are just gonna max that credit card out before bankruptcy happens.
we don't give a fuck it's not like china can repossess the wall.
yeah we all know that we aren't gonna pay that debt back, but you dumbfucks keep buying our bonds so thanks for the free money.
Landon Bell
...and inflation will eat the US economy and it will crash.
Ryder Hernandez
Wouldn't China immediately stop buying debt to BTFO our military then?
Landon Jones
The wall was postponed because we need to put Israel first, also Shumer needed an 80 Billion dollar choo choo train. Priorities, user, priorities.
Luke Gomez
JESUS FUCKING CHRIST
Same shit with schools, although this shit started during WWII with (((((((medical insurance))))))).
Josiah Mitchell
in b4 the default
you fuckers know this is going to happen
Ethan Harris
wtf I love communism now
Brody White
Charles Manson predicted this.
Michael Hall
>I have zero understanding of how monetary debt or trade deficits work.
/thread
Here's a hint: What happens if we stop payment?
Jace James
The wall would have to exist first.
Hunter Cooper
>Government receives no gibs
>Meltdown
They wouldn't arrest everyone. I would imagine they would use the military and police forces to raid houses and collect taxes "manually".
John Ortiz
Credit card, mortgage and consumer debt is higher than it was in 2008.
Than we have student debt which is over a trillion dollars, massive unpaid liabilities such as pensions and a national debt that would've sent the country into default had it not been for extremely low interest rates.
This entire fucking country is a ticking time bomb
Hudson Diaz
Lol, what are you even on about?
Aaron Wood
>showing a graph not based on percentage
Ayden Richardson
What, if we stopped paying taxes?
Charles Jones
But that's just wrong, you limey fuckface,
Luke Jones
If you agree with a debt ceiling, you can't disagree with a population ceiling.
>...
>o shit dis op bait got swatted tf out
Benjamin Wilson
we should do litle prank, every country in the world send dollars back to u.s.
Joseph Turner
The word is exponential. Exponential means there is not enough paper to print all the "money" in short order.
Jace Jenkins
good idea, you can start with me
Juan Thomas
The people fear the truth, so they put their prophets in jail.
Christopher Gonzalez
>paper to print
irrelevant now
Joshua Collins
It doesn't matter. Exponential means the value of USD will approach zero exponentially.
Josiah Clark
In a saner world at some point it makes sense to default instead of rapid devaluation. I think it will probably be both, but maybe these people are smarter than that. I don't know.
Evan Ramirez
You dumb losers would LOVE a collapse wouldn't you? Guess what? It's not going to happen. As long as there's people out there that are still willing to contribute to our society, we will still be able to have and enjoy the best shit and most importantly, TO KEEP CHUGGING ALONG!
All the while, you chicken littles will be on here screaming about something that is never going to happen.
Face it, our system is strong as fuck.
Matthew Phillips
>approach zero exponentially
logarithmically
Also it does matter. If you don't have to print massive amounts of useless money, people won't have to get rid of it in wheelbarrows and bonfires and shit.
Dylan Hill
You're going to be one of those faggots BEGGING for scraps of food once the modern day Rome inevitably falls.
Matthew Lee
This I agree with, default should be a normal thing. It's in the Bible ffs. Debt jubilee.
Dominic Ramirez
>history ended after the cold war :^)
Cameron Young
>people who still think china owns our debt
our debt is owned by our citizens
Jeremiah Williams
>people who still think "countries" or "citizens" own debt
debt is owned by global corporations and people with no roots
Jackson Barnes
what do you think the majority of that "debt" is?
medicaid and social security, something people pay into their entire lives you dipshit
it's not a "muh jooooooooos" conspiracy, turn off stormnigger radio and try actually watching CSPAN.
Alexander Barnes
what does
>jooooooooos"
have to do with anything, you fucking racist brainlet?
We're talking about who owns the debt.
The debt isn't medicaid and social security, it's interest on treasuries.
Gabriel Wilson
pic related too.
And we're heading into another 4th Turning.
Justin Lopez
Scary fuk'n chart.....REMOVE IT NOW!!!
Aiden Cook
we've been heading into a fourth turning for a while now. also martin armstrong has had prison aids for a while now too, hope he's getting whatever meds he needs to keep the dot matrix glory days rolling
Christian Martin
>you will need debt to spend to get out of it through stimulus.
And that is NOT capitalism.
That is Socialism.
You always want to let bad companies fail.
Flush out what ever the problem was.
Not prolong it with stimulus.
Nicholas Torres
The market bottom from the last downturn was March 2009. It has already been 8.5 years from there....
Carter Morgan
Not true, capitalism tries to make money work to whatever advantage money can provide.
Charles Jones
>pol cant econ101: the thread
scholarsstrategynetwork.org
outline.com
Samuel Sanchez
>mfw the economy collapses and I'm a poor fag with 45k in student loan debt
Christian Thompson
Honestly can't wait for the Chinese century and the look on all you anti-American shitbags' faces wishing for a collapse of my country every waking moment, especially when you get enslaved working for the insectoids and you realize just how good you had it under US hegemony
Hunter Walker
>the debt is growing astronomically
Blame this piece of shit.
Logan Miller
>scholarsstrategynetwork.org
literally "who is behind that post" because it doesn't talk about who owns the interest
>outline.com
literally names the jew who profits by arbing a family interest rate.
ARE YOU KIDDING ME
Joseph Anderson
fuck off newfag
Parker Thompson
Nah, they'll be able to keep the gravy train rolling for at least another decade or so. Collapse will eventually come, but nobody in power wants it. Thanks to globalization, it's not just the US. Pretty much everyone is in massive debt to everyone else. If it all collapses, a lot of people will lose their very comfortable lifestyles. Can't have that. So everyone, from China to Europe to the US is going to play along as long as they can. A silent agreement to not call each other's bluff. Because we're all in this together even we hate each other's guts.
Jeremiah Reyes
stable genius tariff war
Parker Morris
What all you faggots are missing here is the unprecedented access to information.
We can all see this shit on the internet now.
>Collapse will eventually come, but nobody in power wants it
It's not the people in power who don't want a collapse, it's the people not in power who don't want a collapse.
Do you get this or no ?
Gavin Campbell
have you seen the population curve? that's what drives the asymptotic behavior.
Thomas Perez
Treasury has no legal authority to issue money. only the fed can & it goes thru bureau of engraving & printing. treasury has no control here
Christian Lewis
100% but can’t live in fear or just waiting doing nothing. live life now and when it happens have your seatbelt ready
Jeremiah Cruz
It's really the same thing depending on how you quote it. Exponentially is for rate, logarithmically for value.
Jaxon Campbell
Majority of debt is treasury bills & govt debt instruments you absolute pleb. what the shit are you trying to even say?
debt-based instruments are issued and traded for currency with a promise to repay. that’s the majority of debt to other countries and to the Federal Reserve
Jacob Jackson
no, it's not the same thing at all. You don't go "exponentially toward zero."
I sleep sometimes but I will defend against literal bullshit any time I am awake.
Charles White
The star shall gorge itself on clay...
Jaxon Perry
that's what I said here;
defend none or both, not one or the other.
Carson Nelson
absolutely no reason too