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US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom

 
Tyrone Slothrop

User ID: 62150681
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05/04/2019 04:03 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
>>If the debt ceiling is breached, it would have disastrous consequences for the US’s credit rating, the global economy, and stock markets around the world.<<

Maybe it's an inaccurate choice of words but the debt ceiling won't be breached. It will either stay or be raised.
AND...failure to raise the debt ceiling is not a default.
I don't know but I think raising the ceiling would be worse for the credit rating than not raising it. The rest is right, stuff would collapse if the debt stopped, but hey, the economy is booming, right?
 Quoting: Tyrone Slothrop


Raising the Debt isn't all that bad considering the USA gives more money in foreign aid and protection than any other country in the world. Were really just borrowing against ourselfs at this point.
 Quoting: SoloTrashyCrowd


So the more money the USA gives away the more it can borrow. and please explain specifically what "borrowing against ourselves" means. Oh, borrowing secured by the ability of government to tax and pay it back? Well guess what, the debt exceeds the ability of the USA and its resources to pay it back. It won't ever never be paid back or paid down. It's going to get bigger until the accounting practices used for the Federal Reserve Note system can no longer be performed. The question is when?
I've gotten a lot of red for telling the truth and being right. Just sayin'
Tyrone Slothrop

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05/04/2019 04:07 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
>>Also its money that wont be spent for years later<<
So you're saying the government doesn't spend what it borrows today it spends it in 20 years.
I've gotten a lot of red for telling the truth and being right. Just sayin'
SoloTrashyCrowd

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05/04/2019 04:12 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
Government money is different than our money, its projected fake numbers. Its just numbers, its not actual spending.

example: if you are given 100$ but you only spend 78$ in a year than you lose 100$ on paper but you only spent 78$. It's fake numbers and projections. I know nothing more than that. I am not an economist.
 Quoting: SoloTrashyCrowd

Actually I can try:
lets say you need 350 a month for food, 25$ a week for gas that 100$ a month, you also need to pay mortgage at 2K$ a month with taxes and utilities that's another 350$. So u need to credit 2800$ a month for spending cost. Depending on fluctuations and unknown cost u bump your spending to 3k$. You may pay less you may pay more but your buffered. Now lets say your also helping to pay for you relatives. Now you also putting budgeting for another cost, they may need or might not need. Then you have more relatives that are like look at this free money, come on we need a new car! Well you budgeted but cosign for that new car but they crash the car, now u have to pay for it. I think its something like that.
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 04:13 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
>>Also its money that wont be spent for years later<<
So you're saying the government doesn't spend what it borrows today it spends it in 20 years.
 Quoting: Tyrone Slothrop


Yes, that's what im saying. its not money spent now but money that will be spent later.
SoloTrashyCrowd
Anonymous Coward
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05/04/2019 04:15 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
I have bad news ; Eventually "ecconomy go boom"
NO MATTER WHAT.

The debt ceiling will not be the cause though.

The debt ceiling will never trigger spending cuts, as it was designed to do, because Congress will ALWAYS Vote to raise the debt ceiling.

The debt ceiling has been raised EVERY TIME it was reached. ( More than 70 times )

Quoting Anonymous Coward User ID: 76702558
"Congress will vote to raise the debt ceiling. The reserve will print more useless paper and the machine will grind on with American blood, sweat and tears greasing the wheels. We're insolvent with no hope of recovering."

Unfortunately, this is essentially correct.
The U.S. debt (also the worldwide debt) is insurmountable at this point.
We have spent Our great grandchildrens' life savings to live beyond Our means.

Eventually, this debt fueled economic system will end. Nobody knows exactly when or how, but it certainly will.

In My opinion, humanity has reached a peak, and will go downhill from here.
Tyrone Slothrop

User ID: 62150681
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05/04/2019 04:16 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
>>Also its money that wont be spent for years later<<
So you're saying the government doesn't spend what it borrows today it spends it in 20 years.
 Quoting: Tyrone Slothrop


Yes, that's what im saying. its not money spent now but money that will be spent later.
 Quoting: SoloTrashyCrowd


OK everyone, that all we need to know.
I've gotten a lot of red for telling the truth and being right. Just sayin'
Tyrone Slothrop

User ID: 62150681
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05/04/2019 04:17 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
I have bad news ; Eventually "ecconomy go boom"
NO MATTER WHAT.

The debt ceiling will not be the cause though.

The debt ceiling will never trigger spending cuts, as it was designed to do, because Congress will ALWAYS Vote to raise the debt ceiling.

The debt ceiling has been raised EVERY TIME it was reached. ( More than 70 times )

Quoting Anonymous Coward User ID: 76702558
"Congress will vote to raise the debt ceiling. The reserve will print more useless paper and the machine will grind on with American blood, sweat and tears greasing the wheels. We're insolvent with no hope of recovering."

Unfortunately, this is essentially correct.
The U.S. debt (also the worldwide debt) is insurmountable at this point.
We have spent Our great grandchildrens' life savings to live beyond Our means.

Eventually, this debt fueled economic system will end. Nobody knows exactly when or how, but it certainly will.

In My opinion, humanity has reached a peak, and will go downhill from here.
 Quoting: Anonymous Coward 70284508


But the economy is booming. It's doing amazing.
I've gotten a lot of red for telling the truth and being right. Just sayin'
SoloTrashyCrowd

User ID: 5703021
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05/04/2019 04:19 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
>>Also its money that wont be spent for years later<<
So you're saying the government doesn't spend what it borrows today it spends it in 20 years.
 Quoting: Tyrone Slothrop


Yes, that's what im saying. its not money spent now but money that will be spent later. Every country is in debt. USA make s the most money so we are in more debt cuz we gotta "cosign for that new car". If one economy fails we all fail. We are in a Global market. Meaning we all put our money into one pot and were borrowing and supporting eachother.
 Quoting: SoloTrashyCrowd

SoloTrashyCrowd
-=LaZe=-  (OP)

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05/04/2019 04:22 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
A world war freezes the whole debt ceiling and generally when you fund both sides of the war you donot need to raise it solong as it is a ongoing long war, Overtime the ecconomy starts to fix itself, that Is why Trump is pushing for wars against multiple fronts to invoke a world war so you fund both sides and make trillions in intrest to buy out your debts.
It's time for us to fight back against these socialist scumbags
SoloTrashyCrowd

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05/04/2019 04:26 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
China can not make the goods and export to USA if we don't buy. We are their biggest buyers (cheap labor, cheap and fast products) they don't make money we don't make money.
So the new thing in our trade war is China will not take our Recycling. It cost money to recycle, big hit on USA cuz now we cant dump our trash on them. Big hit on them cuz they made a lot of money off it.
Trade wars.
So in a global economy and in a Fair market which were trying to get to, because that was the rules of agreement. Fair trade.
We might aswell buy from Mexico and make companies go there again than China.
And I know your gonna say something about Trump but truth is Mexico is part of our free trade agreement. Not South America, where they are falling apart.


SoloTrashyCrowd
-=LaZe=-  (OP)

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05/04/2019 04:32 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The current global ecconomy system is rubbish... I wished the old conspiricay gesara was it well basicly the world debt is reset and every nation gets a equil amount of gold.


Problem with the current system is those countrys that did not move into the system early like them 3rd world countrys. Will suffer. That is the real reason mexicans always invadeing the USA.

Ripple/XRP would save the world as its even being adapted by many banks and even roshchilds are in on it and we know the roshchilds never loose when they invest in something right?


Buy XRP now or you may majorly regret it when shit finally hits the fan!
It's time for us to fight back against these socialist scumbags
SoloTrashyCrowd

User ID: 5703021
United States
05/04/2019 04:33 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
China can not make the goods and export to USA if we don't buy. We are their biggest buyers (cheap labor, cheap and fast products) they don't make money we don't make money.
So the new thing in our trade war is China will not take our Recycling. It cost money to recycle, big hit on USA cuz now we cant dump our trash on them. Big hit on them cuz they made a lot of money off it.
Trade wars.
So in a global economy and in a Fair market which were trying to get to, because that was the rules of agreement. Fair trade.
We might aswell buy from Mexico and make companies go there again than China.
And I know your gonna say something about Trump but truth is Mexico is part of our free trade agreement. Not South America, where they are falling apart.


 Quoting: SoloTrashyCrowd


Ment big lose to China for not taking recycling cuz now they are without materials and computer parts.
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 04:39 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The current global ecconomy system is rubbish... I wished the old conspiricay gesara was it well basicly the world debt is reset and every nation gets a equil amount of gold.


Problem with the current system is those countrys that did not move into the system early like them 3rd world countrys. Will suffer. That is the real reason mexicans always invadeing the USA.

Ripple/XRP would save the world as its even being adapted by many banks and even roshchilds are in on it and we know the roshchilds never loose when they invest in something right?


Buy XRP now or you may majorly regret it when shit finally hits the fan!
 Quoting: -=LaZe=-


Mexico isn't "invading" Mexico is America. Just about almost everyone on a border state lived in another country, Mexicans lived in California/New Mexico/Texas and Americans lived in Mexico and still do, its a great place to retire. That was the big deal with Mexicali or Calexico. It's south American's and the belief that they hear on radio and on the streets that if they get to America its everything is free. Its not just a threat of that but its a threat now because anyone believes they can cross and say "I seek asylum" for a free pass.
SoloTrashyCrowd
Anonymous Coward
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05/04/2019 04:42 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
I have bad news ; Eventually "ecconomy go boom"
NO MATTER WHAT.

The debt ceiling will not be the cause though.

The debt ceiling will never trigger spending cuts, as it was designed to do, because Congress will ALWAYS Vote to raise the debt ceiling.

The debt ceiling has been raised EVERY TIME it was reached. ( More than 70 times )

Quoting Anonymous Coward User ID: 76702558
"Congress will vote to raise the debt ceiling. The reserve will print more useless paper and the machine will grind on with American blood, sweat and tears greasing the wheels. We're insolvent with no hope of recovering."

Unfortunately, this is essentially correct.
The U.S. debt (also the worldwide debt) is insurmountable at this point.
We have spent Our great grandchildrens' life savings to live beyond Our means.

Eventually, this debt fueled economic system will end. Nobody knows exactly when or how, but it certainly will.

In My opinion, humanity has reached a peak, and will go downhill from here.
 Quoting: Anonymous Coward 70284508


But the economy is booming. It's doing amazing.
 Quoting: Tyrone Slothrop


For sure, the economy is better now in many ways, compared to a few years ago.
We also added more than a trillion dollars to the debt.

If We have to borrow a trillion dollars a year when the economy is doing well, what happens when there is a recession ?
SoloTrashyCrowd

User ID: 5703021
United States
05/04/2019 04:43 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
I have bad news ; Eventually "ecconomy go boom"
NO MATTER WHAT.

The debt ceiling will not be the cause though.

The debt ceiling will never trigger spending cuts, as it was designed to do, because Congress will ALWAYS Vote to raise the debt ceiling.

The debt ceiling has been raised EVERY TIME it was reached. ( More than 70 times )

Quoting Anonymous Coward User ID: 76702558
"Congress will vote to raise the debt ceiling. The reserve will print more useless paper and the machine will grind on with American blood, sweat and tears greasing the wheels. We're insolvent with no hope of recovering."

Unfortunately, this is essentially correct.
The U.S. debt (also the worldwide debt) is insurmountable at this point.
We have spent Our great grandchildrens' life savings to live beyond Our means.

Eventually, this debt fueled economic system will end. Nobody knows exactly when or how, but it certainly will.

In My opinion, humanity has reached a peak, and will go downhill from here.
 Quoting: Anonymous Coward 70284508


But the economy is booming. It's doing amazing.
 Quoting: Tyrone Slothrop


For sure, the economy is better now in many ways, compared to a few years ago.
We also added more than a trillion dollars to the debt.

If We have to borrow a trillion dollars a year when the economy is doing well, what happens when there is a recession ?
 Quoting: Anonymous Coward 70284508


Then world goes to war. If we can not save or borrow for future projects as Nations fall apart to rebuild, then we all go to war. That's not gonna happen though. Were all working together (might want posture as a player), its not gonna go that route.

Last Edited by SoloTrashyCrowd on 05/04/2019 04:46 AM
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 04:49 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom

SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 04:53 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The world wont go to another world war.



if you don't get the rap references. 17 I was charging 17 (1775) all up in that medillin (mediterranean barbosa war us marines were we safe guard world trade from pirates). Bomber green, in that thang, in the middle lane
Did some thangs for my racist shits which I can't explain (US Airforce/Army).



Its my war song.

Last Edited by SoloTrashyCrowd on 05/04/2019 05:05 AM
SoloTrashyCrowd
Anonymous Coward
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05/04/2019 05:02 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
I have bad news ; Eventually "ecconomy go boom"
NO MATTER WHAT.

The debt ceiling will not be the cause though.

The debt ceiling will never trigger spending cuts, as it was designed to do, because Congress will ALWAYS Vote to raise the debt ceiling.

The debt ceiling has been raised EVERY TIME it was reached. ( More than 70 times )

Quoting Anonymous Coward User ID: 76702558
"Congress will vote to raise the debt ceiling. The reserve will print more useless paper and the machine will grind on with American blood, sweat and tears greasing the wheels. We're insolvent with no hope of recovering."

Unfortunately, this is essentially correct.
The U.S. debt (also the worldwide debt) is insurmountable at this point.
We have spent Our great grandchildrens' life savings to live beyond Our means.

Eventually, this debt fueled economic system will end. Nobody knows exactly when or how, but it certainly will.

In My opinion, humanity has reached a peak, and will go downhill from here.
 Quoting: Anonymous Coward 70284508


But the economy is booming. It's doing amazing.
 Quoting: Tyrone Slothrop


For sure, the economy is better now in many ways, compared to a few years ago.
We also added more than a trillion dollars to the debt.

If We have to borrow a trillion dollars a year when the economy is doing well, what happens when there is a recession ?
 Quoting: Anonymous Coward 70284508


Then world goes to war. If we can not save or borrow for future projects as Nations fall apart to rebuild, then we all go to war. That's not gonna happen though. Were all working together (might want posture as a player), its not gonna go that route.
 Quoting: SoloTrashyCrowd


I think We can have a global depression
without a World War.
Perhaps We can avoid both, but I do not see how.
-=LaZe=-  (OP)

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05/04/2019 05:02 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The world wont go to another world war.


 Quoting: SoloTrashyCrowd


I hope not but the bible thumpers belive there will be a nuclear final world war as stated in reverlations.
It's time for us to fight back against these socialist scumbags
SoloTrashyCrowd

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05/04/2019 05:15 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The world wont go to another world war.


 Quoting: SoloTrashyCrowd


I hope not but the bible thumpers belive there will be a nuclear final world war as stated in reverlations.
 Quoting: -=LaZe=-


Then they should read the Bible or the Koran. Both speak of ending doom. Koran believes all non believers should die or become followers, and Bible says all believers will be killed few will be saved but in the end hate will destroy itself (in a sense) and all will be one.

So lets analyze this, the elite say bring all the southern countries that have done poorly for centuries up to integrate with the countries that have been successful. At the same time lets play culture/identity politics and gender. So its an attack on all fronts to force integrations.

So in reality this is a power play by both Russia and China, divide and conquer.

At which i'm gonna quote Jim Morrison "the west is the best".

They will both fail and fall into our system.

Last Edited by SoloTrashyCrowd on 05/04/2019 05:18 AM
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 05:22 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom


The west is the best.
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 05:28 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
So about nukes, since were already power playing this scenario. Where does Pakistan and India come online? Suadi Arabia is ready to build nukes if Iran has it.
SoloTrashyCrowd
-=LaZe=-  (OP)

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05/04/2019 05:32 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
So about nukes, since were already power playing this scenario. Where does Pakistan and India come online? Suadi Arabia is ready to build nukes if Iran has it.
 Quoting: SoloTrashyCrowd


Basicly every country around the globe has nukes following the MAD doctrine (mutually assured destruction) basicly will be like this someone launches nuke another launches nuke back another decides to take advantage and soon after all nukes flying and bacily stuff all surviriors maybe 144,000 and some more as predicted in the bible?

Makes me sick religion does... world would be better off without it.
It's time for us to fight back against these socialist scumbags
SoloTrashyCrowd

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05/04/2019 05:35 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom


I mean do we really need to use nukes? Cant we just test our arsenal?
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 05:38 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom


Maybe were just waiting to test the secret weapon, Love.

Last Edited by SoloTrashyCrowd on 05/04/2019 05:42 AM
SoloTrashyCrowd
-=LaZe=-  (OP)

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05/04/2019 05:40 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
The thing about nukes is they are a last resort as mearly launching 1 will send alarm bells around the globe and result in the MAD doctrine where people out of fear launch at other folk first preemptive.

Hence why we havent used them since like ww2 was it in actual battle?
It's time for us to fight back against these socialist scumbags
SoloTrashyCrowd

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05/04/2019 05:43 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom


Last Edited by SoloTrashyCrowd on 05/04/2019 05:45 AM
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 05:50 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
bump

Last Edited by SoloTrashyCrowd on 05/04/2019 06:02 AM
SoloTrashyCrowd
SoloTrashyCrowd

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05/04/2019 06:08 AM
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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom

To end this strong don't worry America, were gonna be fine.
SoloTrashyCrowd
MissCleo

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05/04/2019 06:25 AM

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Re: US debt ceiling reached, Next FF may happen before late September or early October or ecconomy go boom
sadly I do not know what any of that means?
 Quoting: rewind


It means that when the US is under attack economically by a foreign government as a declaration of war (to destroy us) that all means of income are cut off. So if the US government cannot make money which it uses to pay off debt then the foreign collectors will come with baseball bats to collect. or other weapons.

Therefore it's necessary to divert the baseball bat guys to another part of the world so they can collect smaller amounts there until we can figure out what the fuck to do.

If you notice, Korea and Venezuela and Gaza all light up at the same time. Could be a diversion as a smoke screen of something bigger behind the scenes OR it could be the real deal. We rarely know, thus false flag.





GLP