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US Debt :(
United States Frotha My Children are fucked
2020-08-04 07:21
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Just move into the woods and live off the land ez Fix
2020-08-04 07:22
2020-08-04 07:23
Not if you don't have children
2020-08-04 07:24
2020-08-04 07:29
United States Frotha
2020-08-04 07:34
Sorry, I'm dumb how can a country's debt impact the economy? Why are the richest countries the ones with the biggest debts?
2020-08-04 07:24
hyperinflation will come by 2030. Venezuela, zimbabwe, argentina, iraq, lebanon will repeat. you can't keep printing forever
2020-08-04 07:29
well actually the USA is a particular case, cuz they supported a lot of country's in the world, and mostly Europe ( plan Marshall ) so most of the countrys have debts to pay to USA ( Germany,Netherlands,Belgium and France are the ones with most debt) however hyperinflation can happen but I highly doubt that , FMI is controlled by USA and their loan rates and etc are made by Federal Reserve and if you gather both gold from them you have more resources than top 20 countrys with gold reserve, so Its kinda impossible to not print wtf they want, plus if all goes wrong they ask for payments , in money or in gold , so they have their future secure, what can happen is prices skyrocking, and thats my friend is a problem for the casual citizen in the world PS: I forgot to say that they can change rates from FMI and still have better rates for them, in that case they will more competitive in the global market, and other countrys cannot challenge it and that happens alot.
2020-08-04 08:00
I'm don't know anything worthwhile about this topic but aren't US gold reserves empty?
2020-08-04 08:31
I highly doubt it, but it still a option. who knows?
2020-08-05 23:34
Because almost no one would give money to a poor country with weak economy
2020-08-04 14:25
we're all in dept dont worry
2020-08-04 07:25
Debt is the least of your problems. Hollywood, PC, SJWs, BLM etc. American men are castrated.
2020-08-04 07:26
United States Frotha
Don’t care about this shit
2020-08-04 07:32
Exactly why its a big problem.
2020-08-04 07:33
2020-08-04 08:05
Europe KappaKaako
Its only the jews who suck the dicks kids after being cut.
2020-08-04 14:20
just buy bitcoin.
2020-08-04 07:26
fucking word my dude
2020-08-04 07:29
Netherlands toothpaste
forgot to change accounts?
2020-08-05 23:43
anti-jew currency
2020-08-04 08:20
btc does not discriminate
2020-08-04 08:33
Norway Zedi900
Debt to gdp ratio jumped 84% in 40 years 0_0
2020-08-04 07:28
Malaysia Suno[t]
amazing how much debt the government can hold but a family barely enough to feed their family could be homeless or file for bankruptcy after missing a month's payment.
2020-08-04 07:29
fed are criminals. people are too busy crying about a statue of a man from over 100 years ago
2020-08-04 07:30
amazing how the biggest economy of the world is different than a family of manual labourers 👌😎
2020-08-04 08:32
As a percentage of GDP Japan is doing even worse and they're still fine.
2020-08-04 07:46
2020-08-04 07:49
Tbh Japan is probably gonna collapse eventually. If they were smart they would've let all their companies fail in 90's and started to rebuild. Instead their central bank buys into the stock market which is why their debt is so bad. The reason I said they're fine is because that collapse most likely isn't gonna come any time soon.
2020-08-04 07:51
crazsh iet
2020-08-04 14:05
Debt doesn't matter when no one is powerful enough to collect it! 200 IQ move from America! Smartest people in the world! Proven many, many times!
2020-08-04 07:48
+1 i can always trust proud_american to be the smartest thinker on this site 😎😎😎 PROUD_AMERICAN 2024 😎😎😎 😎😎😎 PROUD_AMERICAN 2024 😎😎😎 😎😎😎 PROUD_AMERICAN 2024 😎😎😎 😎😎😎 PROUD_AMERICAN 2024 😎😎😎 😎😎😎 PROUD_AMERICAN 2024 😎😎😎
2020-08-04 08:22
+1 I will not let you down! Thank you for the support! 😎👍
2020-08-04 08:29
Well when shit hits the fan I would guess that Russia wouldn't be the most common enemy
2020-08-04 08:33
Russia will be on our side! I have inside information I cannot release on this website! Russia remembers WW1 and WW2, they don't want to fight the Americans! No one in their right mind does! 😎👍
2020-08-04 08:35
I was meaning that EU would be on Russia's side but since many of them have debts to America
2020-08-04 08:39
Also what's relevant about WW1 in relations between US and Russia?
2020-08-04 08:40
Click "World debt clocks" in Top left and see that many other countries are in the same situation, like England and France. But it is worrying when the planned federal spending is twice as big as the income/revenue. The only politician with a real plan to change that is Bernie Sanders, but his ideas are too radical for most americans. His planned health reforms would reduce health costs, while giving universal health care, by cutting out the leeching middle men - private health care and health insurance. And he would increase taxes for the rich, while cutting military spending. Like it or not - he could balance the budget.
2020-08-04 07:48
Lmao Bernie Trump is the cure if democrats didn't exist USA would be the greatest
2020-08-04 08:08
Print more monies))
2020-08-04 07:58
Assets per citizen 392k Debt per citizen 80k Some of these debts are securities/bonds owed to the public themselves. Liabilities are basically benefits created by law as an obligation to pay elderly, pensioners etc.
2020-08-04 08:14
Money = Debt.
2020-08-04 08:22
i've always had the question of if someone like china tried to act on the debt it would just backfire as the whole us (and essentially the worlds) economy would collapse, and its not beneficial to really act on it i'm pretty sure economics doesn't work that way but someone enlighten me
2020-08-04 08:24
Just like your mortgage debt that most people have, countries can’t just ‘call in debts’. Debt is a promise to pay X$ over X years, and can be negotiated and financed through a number of means including money printing. Most debt that China holds are in treasury securities in my understanding. The amount that the US owes China is relatively small compared to their internal debt.
2020-08-04 08:49
Lets look at where the debt comes from: Where you're going to get a lot of cuts from is from Mandatory spending. since it takes up almost 3 Trn Social Security is 1.09 Trn, which would completely negate our deficit. SS needs to either be reformed or taken out completely. Medicare/Medicaid is 1.14 Trn. This would also need to be reformed. It's not Obama's fault, its not Trump's fault. FDR's policies are still in play from 75+ years ago. At this point, we could have a debt surplus and could pay off some of our debt. Now remember that it's ok to have debt, but it really becomes a problem when its at 200% of our GDP, which would be around 40 Trn. At the current rate, it would take another few years until we reach that, but its not too far away. With the corona relief the dems want, our debt would go even higher and they would probably blame it on trump in upcoming election.
2020-08-04 08:28
- Cut military spending - Reform social programs - Reform school - Raise taxes slightly
2020-08-04 08:32
Taxes are already wayy too high. There's no way we need to raise taxes at all. Reforming school systems won't do much in terms of budget money. Most school systems are run by state, not federal govt. I agree with social programs, but the military budget is fine. It could be lowered a bit taking into account the industrial military complex that brings money back to politicians.
2020-08-04 10:00
i think we're fucked
2020-08-04 08:30
I'm not
2020-08-04 08:33
lucky dutch people :/
2020-08-04 08:34
no. there will be negative interest rates here. lucky people not ignorant to research bitcoin
2020-08-04 08:35
cam | 
United States girls
you're not even from the US
2020-08-05 23:37
Netherlands toothpaste
the fed keeps printing money, the stock market keeps going up, all the hedgefunds are making losses trying to short the market, short covering boosts stocks even more, retail investors win
2020-08-05 23:48
this would probably end up in a war between USA and china.
2020-08-05 23:50
stupid system. People will die because people "created" this machine that cant be stopped.
2020-08-05 23:54
this is alot of number my friend
2020-08-05 23:55
Debts are there to Not being paid back.
2020-08-05 23:56
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