Is this sustainable?

Grayson Hughes
Grayson Hughes

Is this sustainable?

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Leo Lee
Leo Lee

More than sustainable. We should be at least twice that rn. We gotta bump those numbers up

Carson Sanders
Carson Sanders

The Federal Reserve and Treasury have many PhDs and computers. They know what they're doing, big guy.

Jordan Cruz
Jordan Cruz

refuse to work
college is a scam
usd is a scam
crypto crashes stays dead
suddenly cares about geopolitical issues
Is this how Jow Forums becomes SJWs

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Connor Stewart
Connor Stewart

Buy gold bitch boy

Oliver Roberts
Oliver Roberts

As long as the government keeps paying the interest, sure.

Jonathan Reyes
Jonathan Reyes

the thing that sustains temporarily is sustainable
Ok user

What do you think a failed bond auction will do for the markets?

Sebastian Walker
Sebastian Walker

I don't care anymore I'm not even America. I want the levy to break to teach every other nation a lesson. Problem is of course everyone will just blame Trump so whatever. What can you do? These things happen and we're just a history lesson in the end

Christian Edwards
Christian Edwards

Maybe

Cameron Cooper
Cameron Cooper

Yes. Don’t worry about it. Whatever you do don’t buy gold.

Justin Edwards
Justin Edwards

We're just a history lesson in the end.

Damn, I agree

Dylan Long
Dylan Long

according to gold’s shitty behavior today, yes

Liam Jones
Liam Jones

I'm from 2120. We measure national debt in quadrillions now.

Lucas Barnes
Lucas Barnes

phds

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Chase Clark
Chase Clark

Except hyperinflation.

Gold coins will be worth a trillion dollars by the early 2020s

Luke Rogers
Luke Rogers

inflates your currency

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Alexander Diaz
Alexander Diaz

What’s price Of link in 2120??

Angel Brown
Angel Brown

FREEE MONEY RIDE NEVER ENDS OP GET ABOARD THE GRAVYYY TRAAAAIN

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Tyler Watson
Tyler Watson

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Gabriel Perry
Gabriel Perry

That sounds like
Whatcouldpossiblygowrong?.jpeg

Jose Smith
Jose Smith

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Christian Powell
Christian Powell

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Anthony Young
Anthony Young

Yes it is people who get asspained about national debt literally don't understand economic theory. Pretty much every country in the world runs on a deficit. The debt itself doesn't matter, what does is the ability to have confidence that you can make payments so you can take more loans at a less interest rate.

Austin Cooper
Austin Cooper

you haven’t been longing us debt x100 leverage?
Never gonna make it

Isaiah Lee
Isaiah Lee

nation with fuck all taxes by 1st world standards
Sustains it's 1st world status through massive debt
Why do taxes=bad, but debt=good? Are americans this dumb?

Kevin Johnson
Kevin Johnson

The debt itself doesn't matter, what does is the ability to have confidence that you can make payments so you can take more loans at a less interest rate.
And the US can't. It makes payments for loans two ways:
Takes out more loans.
Sells promises to give money (bonds) down the line.

US government income is and will be growing at an exponentially lower rate than debt expansion. Anyone who thinks the US can service debt forever is not basing their opinion on fact. US debt is a hot potato, and smart people know and will be the first to get rid of it before it becomes worth nothing as people understand that it is impossible to pay it back without debasing the currency at brazil/venezuela levels. All the current debt the US sells right now is tantamount to promises of paying it back in the future through hyperinflationary minting.