If you had a maxed out credit card with a $20 trillion limit how would you pay it off?

If you had a maxed out credit card with a $20 trillion limit how would you pay it off?

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economix.blogs.nytimes.com/2011/07/29/ranking-the-presidents-by-g-d-p/
thegatewaypundit.com/2016/07/league-obama-first-president-ever-not-see-single-year-3-gdp-growth/
forbes.com/sites/stevemoore/2016/01/05/obamas-economic-record-dismal/#7a38fb83f509
youtube.com/watch?v=J8fxk3bBTi4
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In 10 installments of $2 Trillion

Where would you get $2 Trillion though?

Get another card with 40 trillian, and use half of it

>pay it off

lol

>Assuming no interest

oh you sweet summer child

kill the credit card company's CEO

I would keep borrowing to repay the debt whilst assuring everyone I had a good enough job to keep borrowing more to repay the debt

nuke the people I owe it to. The only way for the States to ever get rid of the debt is to just claim it doesn't exist and hang the FR chairmen on their own lawns.

What can they do to enforce payment? The States has the best hammer in the world, if you make yourself look like a nail you will get fucked.

Negotiate with the bank to raise the limit to 25 tn! And then to 30, 35, etc. Infinite money!

Well yea it's debt you gotta pay it off.
Your debt is still going to be on the books.

It's not ever getting paid off friend

Accuse everyone who we owe money to of fraud...

it's really not complicated...

I would declare bankrupcy. If that wasn't possible, I'd simply tell creditors "fuck off, I'm not gonna pay you".

However, US govt. debt isn't the same. If I had 20 trillion anoncoin debt and being able to create anoncoins at a snap of my fingers, I wouldn't worry - I can always create enough of them to pay everything off.

I would just make sure to put it under someone else's name. then embezzle my dick off, fill my jewcave full of gold and wait for the scapegoat to get raped by the person he owes money to.

Well if people call in their share of what they're owned there's going to massive sell off of the US dollar. The world could then buy land in the US for peanuts.

It's sarcasm you dipshit. It's never getting paid off. That's what war is for.

Also, fuck you and your summerfag bullshit.

Your mother thought my cum was sweet as I dumped my load down her throat, you 38 year old basement dwelling closeted fag.

>what is:hyper-inflation

Wow calm down Satan

would not

default

The fed will just print more money, and the debt will rise ever higher.

Tell them I can't pay it off and then watch as nothing happens because americans are to lazy to take over the government.

Pretty simple:

- Stop getting into fights with those Middle East kids down the street.
- Stop lending money to the Europe family next door.
- Fix the locks on the doors so people stop coming in and out all the time and taking stuff.
- Clean up the place, dust off everything, mop up that mess that DC made in the corner.
- Ask Japan to come over and bring some sweet video games and anime to watch.

WAR.
Kill all the banks
Eat the rich
Why have the best if your not Goin to use the best

See why Clinton will "win".

I'd use a few of my bomber aircraft and destroy the credit card company and the credit reporting agency.

>default

Meanwhile the USD only gets stronger.

THANKS OBAMA!

You would have my vote and axe.

>Dollar more expensive
Bye bye export.

I would demand more money from the lenders on the pretext that if they dont pay me I'll never give back the money

print it

Give them a $20 trillion dollar bill.

And yellen wants to raise interest rates...

lol, we don't export anything.

I'd get another credit card with at least $2.5 trillion, and spend it building up my military, intelligence, and special forces, and then when the time was right I would kill/capture all the creditors.

>nuke the people I owe it to.

It's mostly US citizens, and mostly their retirement funds.

Hello cheap imports.

Strong dollar is the best thing for the United States which is a 70% consumer economy.

Stupid Dutch

Writ a check to myself for 20 trillion and tell the federal reserve to secretly create the funds in my account.

Tell everyone the debt is paid off. And continue to borrow more

Now you're thinking with freedom.

Kek. Right wing retards that Obama is too good and he made the USD too strong. These losers will never be happy.

Me personally? I make like 50 grand a year. So, I'd default.

Nationalize the fed, cant owe debt if its to yourself.

Trump is the only reasonable person when it comes to debt. He said plainly, "everyone knows you print the money" because YOU DO. The faggots from the past 100 years have completely fucked up america and there is no paying the debt back without printing. The ones who will be hit the hardest(assuming the debt is tackled soon) will be the baby boomers, who drove the debt higher with their enormous voting block. It's fitting that those who enjoyed beyond their means in youth should pay it back in old age.

well then the US is doing a great job hammering it's citizens.

I wouldn't bother. If I owned 20 trillion in assets I would be so powerful I woulnt need to.

Hard to do with central banks around the world going into negative rates (ECB, Japan, Sweden, Switzerland etc.). You want the USD strong, but you don't want it to overheat.

>pay it off
That's funny

Since the debt extends multiple generations, there's no way current and future generations will think that they should pay it off with higher taxes, lower standard of living, etc...

>Consumer economy
Down with capitalist consumership.
You are stupid you fucking capitalist.

Most of that money is interest owed on money that never existed, so my repayment shouldn't exist either.

The dollar was even stronger during bush.

You can't call in a debt on a sovereign that isn't willing to accept it.

It means taxpayers pay for pensions.

It's not that weird.
They just don't do it directly because that would be "socialism", so they go through a system that appears more capitalist.

Bro, the fed pays all their "profits" back to the US government except a 6% dividend which goes to banks. Whenever the fed buys US gov bonds it creates the money, and destroys it when it's paid back. Most of the money isn't owed to the fed, the fed is a last resort buyer and anytime they buy, money is created(inflation). Politicians prefer to sell to other entities as it avoids inflation as long as possible. But when the time comes, the fed and treasury will print to destroy the debt.

Why are you responding to yourself?

During the Obama administration, there wasn't a single year of 3% growth or higher, the first president to achieve this. As of now, Obama is the fourth worst president in terms of yearly economic growth, being slightly worse than Bush.

economix.blogs.nytimes.com/2011/07/29/ranking-the-presidents-by-g-d-p/

thegatewaypundit.com/2016/07/league-obama-first-president-ever-not-see-single-year-3-gdp-growth/

Printing money does not always cause hyperinflation. US is doing QE since 2008. Japan has been doing it for 20 years and no hyperinflation there.

Probably going to have to just phase it out and make minimal pay downs for the next 20 years

We had debt this high after WW2 but we doubled taxes and had a population boom of its only kind in the history of the country

I increase the limit and go back to growing my 18 trillion dollar per year economy

JUST

This. Ever heard of Modern Monetary Theory? Everyone made fun of Trump for the money printing statement and he was ahead of everyone as usual.

>Why are you responding to yourself?

Fucking leafs, man.
They samefag even with ID's they don't care.

>It's another shill using a canadian proxy posts doctored numbers thread

Sage is for sage

From 10 installments of $200B

$10 trillion to a personal army so the creditors won't fuck with you

Muh 3% meme. Holy shit you retards.

Holy fuck you morons. We're talking about the USD.

Yeah no shit. You didn't know a key component of GDP growth was POPULATION GROWTH?

The US has the slowest population growth in 80 years so of course GDP growth is going to be slower.

You know what country has high GDP Growth right now? SWEDEN? You want to flood your country with immigrants just to hit an artificial number? Typical right wing retard.

I love when right wing retards talk economics,

And the dollar stayed that week for most of Obama's presidency.

You can't be this retarded. This is bait.

this is the correct answer

>11:11:11
HOLY FUCK LOOK WHAT TIME IT WAS

Yeah nah.

If the president had that much to do with the dollar then it would be rising if there were a good one and falling if there were a bad one.

>forbes.com/sites/stevemoore/2016/01/05/obamas-economic-record-dismal/#7a38fb83f509

>It is certainly true that every recession is different in cause and consequences, so the JEC dug deeper into the numbers. It examined GDP growth on a per capita basis. The Reagan recovery was abnormally strong in part because it happened when millions of baby boomers swept into the work force adding to growth. But even on a per capita basis, real GDP has grown only 9.0% versus 18.8% for the average recovery. That is the lowest of any post-1960 recovery.

Well, leaf?

He is absolutely that retarded. This is going in my folder.

Well let's not forget:

>Your assets are valued at $188 trillion
>Your salary is a hair over $3.25 trillion

>how would you pay it off?

I would fall off the radar for 2 years and the debt would no longer be legally actionable.

Thanks for making me famous bb.

hello fellow eastern timezoner

>You want more immigrants.png

Let me put it bluntly, comparing just GDP growth in a scenario of rapid population growth is fucking stupid.

Why? Because you're not accounting for how this breaks down per capita. If suddenly Sweden imported twice its population that produces half as much GDP per person, you'd still see almost a 100% increase in GDP.

Also, are you genuinely a shill? Ive seen you for months running the same arguments and I can't really imagine someone working for that long in shilling.

That's exactly what happened. THE USD boomed under Clinton, collapsed under Bush, and is booming again under Obama.

Fuck you're retarded.

If Obama is such a good president, then how come it didn't start booming the moment he got elected?

You're making my point for me. US GDP PER CAPITA GROWTH IS STRONG.

Looking at just GDP growth is retarded. That's what the other guy was saying not me.

>
During the Obama administration, there wasn't a single year of 3% growth or higher, the first president to achieve this. As of now, Obama is the fourth worst president in terms of yearly economic growth, being slightly worse than Bush.

He said this. Not me.

>booming again under Obama.

LaughingWhores.jpg

...

Because that's fucking impossible for any president you fucking nitwit.

translation: our trade deficit got fucked with no lube during clinton & obama

I'm not actually reading your arguments before this, I'm just responding to the title of the image.

See >>

Debt tax that goes directly towards the debt. 1-5% of income depending on your income amount.

Average income in the USA is $51,000, population is 318 million. Let's say on average a person pays 3% of that $51,000 made a year... that's 1530 paid per year. Times 318 million comes to 450 billion or so raised. It'll take a few decades but that's a surefire way. Everyone contributed to the debt so everyone pays it off.

That pic...breh, it's an exaggeration but not totally wrong. Labor force and unemployment are moving in the same direction while underemployment skyrockets. It's not a recovery, it's a lost decade.

>forbes.com/sites/stevemoore/2016/01/05/obamas-economic-record-dismal/#7a38fb83f509

>It is certainly true that every recession is different in cause and consequences, so the JEC dug deeper into the numbers. It examined GDP growth on a per capita basis. The Reagan recovery was abnormally strong in part because it happened when millions of baby boomers swept into the work force adding to growth. But even on a per capita basis, real GDP has grown only 9.0% versus 18.8% for the average recovery. That is the lowest of any post-1960 recovery.

Well, leaf?

*facepalm*
...leaf...FUCK...i can't tell if serious or not...

As opposed to the left wing variety?

If he is 38 his mom must be at least 58 you sick pervert

Bankruptcy.

The dollar isn't booming at all though.

>THANKS OBAMA!
You mean "Thanks Bush!" The same with the Clinton years, you mean "Thanks Reagan!".

Everyone knows the bounce the U.S. saw with both Clinton and Obama were due to the policies Reagan and Bush laid down while they were in office that took effect when Clinton and Obama were in office.

LOL the US gets to print dollars and buy up shit from all over the world simply for having the privilege of having the world's greatest currency.

HOW THE FUCK IS A BAD THING YOU RETARDS?

>job participation at the lowest since Carter
>booming
OMG SHUT THE FUCK UP YOU RETARDED FUCKING FAGGOT

UNDER-employment falling in half under Obama is skyrocketing? Only a right wing retard would say this.

>He thinks QE is printing money

Travel all over the world, buy the highest class hookers, have a coked out night of threesomes with Katy Perry and Emma Watson, marry my high school sweetheart, buy a lake house, buy a beach house, a lamborghini aventador, a jet, make sure my family is set for generations, fuck really anything I wanted.

youtube.com/watch?v=J8fxk3bBTi4

So, Fedral Reserve print, for example, 1 dollar, gives it to US government, and expects from them to give back 2 dollars, but that 2nd dollar they expect to be payed back is never printed..
So you will have to give them resources, land, houses, towns, cities, states etc..
And they print these dollars "out of thin air"..

Yes everyone just ignore that fact, and continue to shittalk to eachother like mindless bots..
Meanwhile jews are dancing on the streets..