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US National Debt Hits $21 Trillion

 
pool
~kiss my grits~

User ID: 75858302
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03/17/2018 01:20 AM

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Re: US National Debt Hits $21 Trillion
Dats Impossible. Stop the clock!
/7007/  (OP)

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03/17/2018 01:21 AM
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Re: US National Debt Hits $21 Trillion
it's only $64,246 per citizen and $173,511 per taxpayer..
 Quoting: /7007/


Thank you, I was about to post something like that

Next time you vote/support for more spending remember it's on your credit card.

Ron Paul makes more sense now?
 Quoting: Anonymous Coward 48121973


I'm fairly certain that even Ron Paul knows full well that the entire western economic 'jig' - is up.
 Quoting: /7007/


Well, not to be a optimist but 1T in year one in debt whilst putting an economy on steroids via the proper economic infrastructure and dealing with natural (or unnatural) disasters is better than 1.25T debt per year whilst destroying it.

But whatever, I'm sure you'll have a boner when the time comes and it all implodes. Tin shacks and Hydrogen cyanide for All!
 Quoting: ChrisVet


Ok, all joking aside..

There are those who want to believe that more debt on top of an already impossible to service debt will 'save' us and Make America Great Again...

They used to be called Keynesians - and economic conservatives used to roundly laugh them off the planet.

My how times change - but the simple math never does - no matter how much HOPIUM is injected into the 'I want to believe' masses.

To me, this isn't about rooting on another Pyrrhic victory for my favorite political football team, it's about what my children and potential grandchildren will have to deal with - and I'm not looking forward to it at all...

The simple math will eventually have it's day, and the more people aware of it , the better they can prepare for the aftermath...

Last Edited by SyncAsFunk on 03/17/2018 01:26 AM
Some Will. Some won't. So.......
Anonymous Coward
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Romania
03/17/2018 01:22 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


Trump is MAGA!
5a
Anonymous Coward
User ID: 76367029
United States
03/17/2018 01:23 AM
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Re: US National Debt Hits $21 Trillion
United State of America incorporated.
ChrisVet

User ID: 76168561
Canada
03/17/2018 01:31 AM
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Re: US National Debt Hits $21 Trillion
...


Thank you, I was about to post something like that

Next time you vote/support for more spending remember it's on your credit card.

Ron Paul makes more sense now?
 Quoting: Anonymous Coward 48121973


I'm fairly certain that even Ron Paul knows full well that the entire western economic 'jig' - is up.
 Quoting: /7007/


Well, not to be a optimist but 1T in year one in debt whilst putting an economy on steroids via the proper economic infrastructure and dealing with natural (or unnatural) disasters is better than 1.25T debt per year whilst destroying it.

But whatever, I'm sure you'll have a boner when the time comes and it all implodes. Tin shacks and Hydrogen cyanide for All!
 Quoting: ChrisVet


There are those who want to believe that more debt on top of an already impossible to service debt will 'save' us and Make America Great Again...

They used to be called Keynesians - and economic conservatives used to roundly laugh them off the planet.

My how times change - but the simple math never does - no matter how much HOPIUM is injected into the 'I want to believe' masses.

To me, this isn't about rooting on another Pyrrhic victory for my favorite political football team, it's about what my children and potential grandchildren will have to deal with - and I'm not looking forward to it at all...

The simple math will eventually have it's day, and the more people aware of it , the better they can prepare for the aftermath...
 Quoting: /7007/


Keynesian economics = socialist bullshit. And I get your argument and agree, @ best we're slowing the bleed-out.

That said - our libertarian pipe dream is dead. The only hope is to prolong our civ (until massive implosion, and ripe pickings for a NWO) via Trumponomics.

My grandchildren will be fucked and probably exterminated 20 years from now. It doesn't make me feel good.

You want to be bummed out, so be it. I refuse. Its all just a ride. cheers
"Do the Shit out of what you Love"
/7007/  (OP)

User ID: 76342458
United States
03/17/2018 01:33 AM
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Re: US National Debt Hits $21 Trillion
...


I'm fairly certain that even Ron Paul knows full well that the entire western economic 'jig' - is up.
 Quoting: /7007/


Well, not to be a optimist but 1T in year one in debt whilst putting an economy on steroids via the proper economic infrastructure and dealing with natural (or unnatural) disasters is better than 1.25T debt per year whilst destroying it.

But whatever, I'm sure you'll have a boner when the time comes and it all implodes. Tin shacks and Hydrogen cyanide for All!
 Quoting: ChrisVet


There are those who want to believe that more debt on top of an already impossible to service debt will 'save' us and Make America Great Again...

They used to be called Keynesians - and economic conservatives used to roundly laugh them off the planet.

My how times change - but the simple math never does - no matter how much HOPIUM is injected into the 'I want to believe' masses.

To me, this isn't about rooting on another Pyrrhic victory for my favorite political football team, it's about what my children and potential grandchildren will have to deal with - and I'm not looking forward to it at all...

The simple math will eventually have it's day, and the more people aware of it , the better they can prepare for the aftermath...
 Quoting: /7007/


Keynesian economics = socialist bullshit. And I get your argument and agree, @ best we're slowing the bleed-out.

That said - our libertarian pipe dream is dead. The only hope is to prolong our civ (until massive implosion, and ripe pickings for a NWO) via Trumponomics.

My grandchildren will be fucked and probably exterminated 20 years from now. It doesn't make me feel good.

You want to be bummed out, so be it. I refuse. Its all just a ride. cheers
 Quoting: ChrisVet


I get ya man, which is why I'm having a bit of fun with it too..

Sometimes ya just gotta laugh..

cheers
Some Will. Some won't. So.......
Anonymous Coward
User ID: 76226131
United States
03/17/2018 01:34 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


How can we be the “richest nation in the world” with that much debt?
Anonymous Coward
User ID: 20666949
United States
03/17/2018 01:38 AM
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Re: US National Debt Hits $21 Trillion
We'll .

Congress can print.

One...21 trillion dollar note. Give that to the userers.

Then create a new dollar backed by silver/gold.


Solves the problem.
Anonymous Coward
User ID: 76360405
Mexico
03/17/2018 01:54 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


Well were never going to pay it back so lol fuck china and whoever else it is owed to America got the Nukes they run the show fuck the world AMERICA FIRST!
 Quoting: 5.0%

since Dr Khan the Muslim physicist there are now 43 countries with nukes
only 6 friendly to USA


so hows that goin illiterate turdhole ?

 Quoting: Anonymous Coward 76366574


each usa citizen owes 70,000 dollars usd


and many of uas nukes dont actually work fyi
a german corp refitted 60% of the systms under obama and dc likely no lomger has control

aka they awere sold to pay debt
Anonymous Coward
User ID: 53805149
United States
03/17/2018 02:10 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


Well were never going to pay it back so lol fuck china and whoever else it is owed to America got the Nukes they run the show fuck the world AMERICA FIRST!
 Quoting: 5.0%


xxxcite
hesright
epiclol
Anonymous Coward
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Canada
03/17/2018 02:10 AM
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each usa citizen owes 70,000 dollars usd
 Quoting: 5.0%


If you have a stay at home wife and 2 kids...
Its 280,000$ on your back lol
Anonymous Coward
User ID: 76131630
United States
03/17/2018 02:37 AM
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Re: US National Debt Hits $21 Trillion
it's only $64,246 per citizen and $173,511 per taxpayer..

flag waver
 Quoting: /7007/


Easy peasy, just put it on our credit cards and then throw them away.
Anonymous Coward
User ID: 75113321
United States
03/17/2018 02:53 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


How can we be the “richest nation in the world” with that much debt?
 Quoting: Anonymous Coward 76226131


with an incredible military with cool tools...
Anonymous Coward
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United States
03/17/2018 03:06 AM
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Re: US National Debt Hits $21 Trillion
Does that number include the $9 trillion the Pentagon lost on September 10th, 2001...the day before 9/11?
/7007/  (OP)

User ID: 76342458
United States
03/17/2018 03:17 AM
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Re: US National Debt Hits $21 Trillion
Does that number include the $9 trillion the Pentagon lost on September 10th, 2001...the day before 9/11?
 Quoting: Anonymous Coward 35570748


or the 20- 50 Trillion still unaccounted for since they sent that lovely little cruise missile with cute little airliner decals precisely through the Pentagon accounting window ?

No... I don't think that public number quite covers it...

Last Edited by SyncAsFunk on 03/17/2018 03:19 AM
Some Will. Some won't. So.......
Anonymous Coward
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03/17/2018 03:36 AM
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Re: US National Debt Hits $21 Trillion
Stop the pirates
ItsMaKa2

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03/17/2018 04:28 AM
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Re: US National Debt Hits $21 Trillion


Idol1
NowIhavetothinkofanam​e

User ID: 76357562
Australia
03/17/2018 04:33 AM
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Re: US National Debt Hits $21 Trillion
5a


[link to www.usdebtclock.org]

and not a care in the world...

dance
 Quoting: /7007/


Well were never going to pay it back so lol fuck china and whoever else it is owed to America got the Nukes they run the show fuck the world AMERICA FIRST!
 Quoting: 5.0%


A declaration of 'Force Majeure' on US debt service is coming, alright.... it's a mathematical certainty.

That's when things will get REALLY interesting...
 Quoting: /7007/


Well they might try and say we owe them a state park or something but um Molon Labe you fucking chinese gooks!
 Quoting: 5.0%


You don't seem to understand what this means for the American way of life.

It is the creditors like China/Japan/Russia and Saudi Arabia which fund the expenditures of the American Government. A repudiation of American national debt just means the American Government goes bankrupt and doesn't pay its creditors.

That actually means no more money for indebted Americans to spend...

The artificial demand from governmental largess means the entire American and probably global economy contracts. This makes everyone poorer except for the people with money who will buy up assets like real estate from mortgagees for pennies on the dollar.

It works out well if you're rich and have enough money saved up to survive for 5 years without an income. But if you rely on your income then you're toast.

Unless you've got enough money to prey on the unfortunate people who aren't as well prepared, you won't win even if you survive.

Consider people with money in the stock market who don't own government bonds. If you don't have the capacity to fund American largess, then your government will just take your assets.

It is only the ability to finance your government in whatever capacity you have that will save you from becoming a statistic when your government goes bankrupt. Because I have no doubt your government won't miss you when they need money to fund their military and essential services according to them.

We can safely assume the western world will become something socially like the Philippines when the supply of credit becomes cut off. America may have nukes, but those nukes won't do you any good when you run out of dollars to buy fuel for planes to drop those nukes. Even with nuke missiles your government won't be able to pay the people at the console to launch those missile.

I wonder what the solution is? Become a socialist country to enslave everyone to force them to work and launch nukes?

Russia ran out of money in the 80s and nukes did nothing for them.
NowIhavetothinkofanameohnoithurts
It's all bull!
Nevertheless, the ruler is not truly wise who cannot discern evils before they develop themselves, and this is a faculty given to few. Niccolo Machiavelli
Karma is funny, people who kick dogs usually get bitten.
If someone doesn't add value to your life, then that someone shouldn't be a part of it.
You can always trust people to do whatever is in their own interests.
It is certain wastelands will be brought under cultivation.
Anonymous Coward
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03/17/2018 10:14 AM
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Re: US National Debt Hits $21 Trillion
Good job patriots !!

Keep winning !!!!!
Back_To_The_Shadows

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03/17/2018 11:02 AM
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Re: US National Debt Hits $21 Trillion
What ever happened to Trumps edit the FED bullshit promise?



Last Edited by Back_To_The_Shadows on 03/17/2018 11:07 AM
Make pain a friend and you will have a friend for life. ~ Robert R. McCammon

“Make friends with pain, and you will never be alone.~Ken Chlouber
Anonymous Coward
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03/17/2018 11:05 AM
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Re: US National Debt Hits $21 Trillion
Went up fast under Trump. Fastest ever.

At the last Trump.
Anonymous Coward
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03/17/2018 11:06 AM
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Re: US National Debt Hits $21 Trillion
Good job patriots !!

Keep winning !!!!!
 Quoting: Anonymous Coward 69186286

pffft-spitsmoke
/7007/  (OP)

User ID: 76342458
United States
03/17/2018 04:25 PM
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Re: US National Debt Hits $21 Trillion
...


Well were never going to pay it back so lol fuck china and whoever else it is owed to America got the Nukes they run the show fuck the world AMERICA FIRST!
 Quoting: 5.0%


A declaration of 'Force Majeure' on US debt service is coming, alright.... it's a mathematical certainty.

That's when things will get REALLY interesting...
 Quoting: /7007/


Well they might try and say we owe them a state park or something but um Molon Labe you fucking chinese gooks!
 Quoting: 5.0%


You don't seem to understand what this means for the American way of life.

It is the creditors like China/Japan/Russia and Saudi Arabia which fund the expenditures of the American Government. A repudiation of American national debt just means the American Government goes bankrupt and doesn't pay its creditors.

That actually means no more money for indebted Americans to spend...

The artificial demand from governmental largess means the entire American and probably global economy contracts. This makes everyone poorer except for the people with money who will buy up assets like real estate from mortgagees for pennies on the dollar.

It works out well if you're rich and have enough money saved up to survive for 5 years without an income. But if you rely on your income then you're toast.

Unless you've got enough money to prey on the unfortunate people who aren't as well prepared, you won't win even if you survive.

Consider people with money in the stock market who don't own government bonds. If you don't have the capacity to fund American largess, then your government will just take your assets.

It is only the ability to finance your government in whatever capacity you have that will save you from becoming a statistic when your government goes bankrupt. Because I have no doubt your government won't miss you when they need money to fund their military and essential services according to them.

We can safely assume the western world will become something socially like the Philippines when the supply of credit becomes cut off. America may have nukes, but those nukes won't do you any good when you run out of dollars to buy fuel for planes to drop those nukes. Even with nuke missiles your government won't be able to pay the people at the console to launch those missile.

I wonder what the solution is? Become a socialist country to enslave everyone to force them to work and launch nukes?

Russia ran out of money in the 80s and nukes did nothing for them.
 Quoting: NowIhavetothinkofaname


A few things I learned during the Russian collapse.

Toilet paper, tobacco, alcohol will get a prepared individual through almost every scenario.
Some Will. Some won't. So.......
Anonymous Coward
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03/17/2018 04:32 PM
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Re: US National Debt Hits $21 Trillion
Balanced Budget Amendment to the Constitution.

Nothing else will make them control their spending.
/7007/  (OP)

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03/17/2018 04:36 PM
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Re: US National Debt Hits $21 Trillion
Balanced Budget Amendment to the Constitution.

Nothing else will make them control their spending.
 Quoting: Anonymous Coward 76344422


That would have been prudent at a much earlier juncture..

The entire western economic paradigm is now entirely dependent on increasing debt - like a junkie is to heroin - and with the exact same end results.
Some Will. Some won't. So.......
SyncAsFunk  (OP)

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04/07/2020 01:59 PM
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Re: US National Debt Hits $21 Trillion
nomoe


[link to www.youtube.com (secure)]

kneel
Some Will. Some won't. So.......
/7oo7/

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02/07/2021 03:13 PM

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Re: US National Debt Hits $21 Trillion
27 Trillion

Debt/GDP - 130.84%

[link to usdebtclock.org (secure)]


[link to www.youtube.com (secure)]

byekitty
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02/07/2021 03:13 PM
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Re: US National Debt Hits $21 Trillion
Good.





GLP