How sustainable is this?

Carson Ramirez
Carson Ramirez

How sustainable is this?

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Charles Ross
Charles Ross

Not at all

Jason Perry
Jason Perry

Completely...as long as the US stays the world reserve currency...the spike happened b/c Nixon didn't want to give gold for the dollar. The US was funding the Vietnam war...

Carson Evans
Carson Evans

It's fine, goy. Nothing to worry about. Now get back to work.

Parker Jenkins
Parker Jenkins

Just print 20 something trillion and pay it off

Jackson Richardson
Jackson Richardson

perfectly sustainable as long as you have enough guns to point at everybody you are "borrowing" money from

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Oliver Bailey
Oliver Bailey

Eventually the gig is up, anyone can tell you that but this can go on for a while longer.

Cameron Lopez
Cameron Lopez

keywords: as long as

empires come and go, and USD expiration date is soon given past precedents

China and Bitcoin will dominate in 2030

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Austin Peterson
Austin Peterson

yep.

but the chinks arent really that smart

Tyler Jenkins
Tyler Jenkins

Why do you think US started second war in Iraq, user? Not at all because they wanted to start selling oil in EUR?

Robert James
Robert James

Oh but they are. Amerifats dominating has been nothing but a mirage. Asia has been the leader historically.

Isaac Jones
Isaac Jones

Proportional to gdp of all first world countries so no problem. The game is all the same fren.

Mason Fisher
Mason Fisher

Not very

Wyatt Ross
Wyatt Ross

This.

Julian Torres
Julian Torres

lol have you ever considered that nobody wants Russian bases in their country?

Wyatt Torres
Wyatt Torres

Can’t tell if sarcasm or not

Alexander Cooper
Alexander Cooper

he believes that kazahkstan, baltics etc wants mut bases in their country

irl nobody cares. Been to Latvia once and locals told how mighty NATO soldiers were severely injured by some local gangs kek

Kayden Peterson
Kayden Peterson

100% sustainable because debt is good. Dumb poor people don't realise this.

If someone in 1 billion dollars of debt they rich as fuck. I dare you to try. You can't. But rich people can.
You can only afford like 100 dollars.

As long as debt is invested into shit that pays more than the interest costs, its good debt. That's why interest rates and thus yeilds are so low coz everyone on this borrowing scene getting free money and inflating stock market with credit. It won't pop, interest will just rise slowly until its not as profitable anymore

Aaron Peterson
Aaron Peterson

McWhen??

Parker Flores
Parker Flores

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Dominic Kelly
Dominic Kelly

How sustainable is this
We gonna work it out

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Henry Baker
Henry Baker

Not an argument

Jeremiah Gonzalez
Jeremiah Gonzalez

Unironically this

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William Sullivan
William Sullivan

what do then?
stocks plummetting
crypto plummetting
fiat abot to plummet
property bubble about to pop (again)

Justing for everyone?

Justin Lewis
Justin Lewis

pretty good argument akshually

Aaron Gutierrez
Aaron Gutierrez

unironically shiny rocks

They tend to do well when everything else is burning down

Lucas Cox
Lucas Cox

There are a few things youre not considering here. A good model is your house. as long as the value rises, right? You being mortgaged to 60% of your gross income is fine if so. but the bigger the house, the thinner the margin for servicing the mortgage. and if just one little cog pops; you are getting bummed under a bridge by the other tramps.

the difference is no one really wants You to fail. America, on the other hand.....

Ryan King
Ryan King

this is what keynesians actually believe

Justin Gray
Justin Gray

Blame reaganomics

Jace Stewart
Jace Stewart

No reason to worry until we hit closer to 100 trillion in debt.

Adrian Fisher
Adrian Fisher

it will just raise until it's not profitable
so it will raise until you come crashing down

Daniel Harris
Daniel Harris

Can you plot debt per capita adjusted for inflation now?

Michael Watson
Michael Watson

Deluded chinks

Gabriel Williams
Gabriel Williams

if only we had more useless shiny rocks we would be richer
this is what austrian monkeys actually believe

Alexander Johnson
Alexander Johnson

As long as debt is invested into shit that pays more than the interest costs, its good debt
Yes, but no.
European countries had important struggles with debt levels. New debt is issued periodically to pay for previous debt. During expansive phases of Economic cycle, governments should seriously reduce public debt and reduce public spending to curb inflation.
In the next crisis, public debt will be an important problem.

Colton Hughes
Colton Hughes

Not an argument

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Xavier Parker
Xavier Parker

The US government will default on it's debt within the next 20 years. This will trigger the biggest and final major recession. This is also the reason why buying treasuries or bonds is moronic. The US government literally CAN'T pay you back.

Lucas Wilson
Lucas Wilson

White people avg IQ: 98
Northern Asian (Japan/Korea/China) avg IQ: 108
Ashkenazi Jews: 115

There is a reason the chinks and the jews hate each other, the chinks far higher population means that while the jews have proportionately higher numbers of high IQ's the chinks have more aggregate high IQ'S.

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Jacob Bailey
Jacob Bailey

It's called compounding, you'll learn about it in high school

Leo Lewis
Leo Lewis

But that's unironically true, whereas debt being good is not.

Hunter Morgan
Hunter Morgan

if you waste debt on dumb niggers like you then yes its bad, if you invest it in something useful and have profit its good

Joshua Rogers
Joshua Rogers

this will be glorious

Robert Roberts
Robert Roberts

Implying they wont print more usd

Landon Jones
Landon Jones

t. child

Blake Long
Blake Long

the obama years :facepalm:

Eli Adams
Eli Adams

nice explanation wigger
tyrone is waiting, he promised he will have rap battle with you if you prep him good

Connor Moore
Connor Moore

Thanks obama for the decades of shit policies before him and before trump that are finally catching up.

Brandon Reed
Brandon Reed

Not an argument

Brandon Gutierrez
Brandon Gutierrez

the only Children here are doomsday faggots like you

Dominic Baker
Dominic Baker

How sustainable is this?

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Thomas Cooper
Thomas Cooper

It's as sustainable as our ability to service its ever-expanding interest.

Once we can no longer service the interest...which I suspect will happen in the next 20 to 30 years, the currency will collapse.

Henry Long
Henry Long

empires dont come and go
t. manchildren

Chase Diaz
Chase Diaz

muh 1000 years reich

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Aiden Moore
Aiden Moore

We won't ever have to repay this bullshit to the corrupt banking cartels. Trump will nullify any and all debt these worldwide cult member pedovores try to extort from our country. Check out the executive orders.

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Jack Allen
Jack Allen

red and basedpilled

Matthew Gonzalez
Matthew Gonzalez

Trump is a Zionist puppet you single digit IQ mong.

Daniel Cruz
Daniel Cruz

What fucking year is it, 2007?

Jose Cook
Jose Cook

Actually understands what’s going but this still unsustainable

David Richardson
David Richardson

The huge spike in the 2000s was due to the Iraq war. Huge clusterfuck that really put us off the rails. But the debt isn't as big a worry as the deficit. If we can get the deficit under control then we should be able to sustain ourselves.

Justin Barnes
Justin Barnes

deficit was getting close to 0% until blumfo decided to cut revenue and increase spending

Henry Hughes
Henry Hughes

Debt you owe to yourself or entities that rely upon you for survival isnt real debt.

Hunter Lopez
Hunter Lopez

It's sustainable as long as Trump is in office. He is proficient wielding debt as a weapon. He's been bankrupted with billions in debts in past, and he approaches debtors with "Oh, you want to be paid back? You have to make X deal with me or I can't ever pay you." In 2024, the president who isn't experienced in doing as such is going to have a massive problem.

Jayden Watson
Jayden Watson

In the next crisis, public debt will be an important problem.
This

Ryder Hall
Ryder Hall

Money are just pixels

Leo Campbell
Leo Campbell

There will be a world war before that happens

Ian Green
Ian Green

Paying half a trillion a year in interest is good

Jesus we are fucked with people like this amongst us.

Parker Cruz
Parker Cruz

China and Bitcoin will dominate in 2030
In 2030 Bitcoin will be worthless and the Chinese economy will have imploded.

Julian Cooper
Julian Cooper

Right why will China implode smarty?

David Walker
David Walker

It's in a bubble along with the U.S?

Jace Adams
Jace Adams

How is that not us starting it?

Sebastian White
Sebastian White

Since the US can't legally default on it's debt according to the constitution and most of the debt is owed to us banks, not separate countries. Are bank stocks a good investment for this?

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Nathaniel Thomas
Nathaniel Thomas

Completely, because raw debt levels don't matter. Only debt as a percentage of GDP matters.

The man who owes $10 and earns $1 is in much more trouble than the man who owes $10 billion and earns $100 billion

Jaxon Robinson
Jaxon Robinson

Not entirely wrong but I disagree with the interpretation of the present situation
As it stands it seems that private sector debt is excessive since companies are doing stupid shit like borrowing money to buy their own shares, which isn't sustainable. That's going to pop, and it should pop.

Expenditure is only relevant with reference to revenue.

Ian Hernandez
Ian Hernandez

It's going to the moon

Nathaniel Young
Nathaniel Young

Tax parasites talking about debt LMAO.

Get back to me when you are a net tax payer instead of a taker you fucking slime.

Joseph Lopez
Joseph Lopez

Youre right but youre forgetting that its common policy to roll over debt indefinetly, which means that if interest rates rise substantially, even to 5-6% everyone is fucked beyond belief.

Jordan Bennett
Jordan Bennett

It's backed by pic related so it's sustainable for a while. Probably not forever though.

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Landon Cox
Landon Cox

Is there any possible projections if the US didn't switch off the gold standard.

Oh jesus....

Brayden Nguyen
Brayden Nguyen

very

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Wyatt Flores
Wyatt Flores

You realise most of these is owed to yourselves right?

Logan Kelly
Logan Kelly

As long as debt is invested into shit that pays more than the interest costs, its good debt.
So, US government debt isn't good debt. Alright, thanks.

Austin Murphy
Austin Murphy

le angry ameriturd angry at its own incompetence creates world war 3
imagine

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