How much longer can we ignore our national debt?
How much longer can we ignore our national debt?
Blake Rodriguez
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Levi Reed
why don't you ask Paul Ryan? the "budget wonk" who just passed a spending bill that increases our annual defecit by 300 billion?
oh wait he stepped down because he and trump don't get along. and trump wants to build a wall, build all new infrastructure, start trade wars. hasn't said anything about the defecit in a long time.
eventually we'll have to deal with it. or our kids. lulz
Gavin Gomez
What debt?
Grayson Moore
God damn it I hate the fucking boomer mentality of “lol let’s forget about it we won’t be alive” because my kids are either gonna be enslaved by China or sitting in a trench on the west coast battling wave after wave of bugmen coming to collect debt.
Jose Hughes
Had it not been for extremely low interest rates, we would've defaulted under the Obama administration
Whoever is president in 2020 is gonna have to cut entitlements or raise taxes on a shrinking middle class because the Boomers will all retire by then
Charles Bailey
At this point, we should accelerate the decline of Western society.
Debt per taxpayer is the important one. Kids, women, blacks, most Latins, women.. don't pay tax. They take gibs. 175k owed per tax payer currently in US. Suppose when interest payments exceed revenue.. shit will collapse.
Adrian Bell
Don't worry about it, Goyim. Your debt will be wiped out soon enough when we take the new world :)
Cameron Richardson
Until we take over the entire world.
Hunter Russell
You are spending too much, Amerika-kun.
Benjamin Martinez
THIS
Asher Hill
They’ll also be unarmed. Sounds like slavery
Luke Perry
until ww3 or thereabouts
Owen Barnes
do what we did with Russia make china spend billions and billions on their military and make them go bankrupt they'll collapse and when they collapse the country we owed money to will no longer exist so we wont have that debt anymore
Mason Rogers
When the West collapses, the Aryan race will rise from the ashes.
Hudson Butler
Depends, how much longer can we uphold the petrodollar system through fabricated wars in the middleeast creating an artificial demand for the dollar upholding its value?
John Garcia
What if I told you that money was in the USA but retards don't know accounting and law.
What people pay for your bonds in the global market matters more.
What inflation rate you got matters.
How much debt you got to yourself doesn't.
Debt is high because shit is outsourced to China thus there's a distance between printed money and goods available in the USA.
The moment the gold standard was abolished it was done so with the intention that countries economy serves as the thing you peg your bucks against because no one would have guessed USA will turn full lazy.
But now all 'merricanos want to be realestate flippers and movie stars, then there's buttcoin tier scams too so with barely any production and shit tier services and of course with an orange monkey in the house the usd will loose it's value on the global market thus the denbts assplodes.
There's one way to shrink it fast and that's with industrial production like make weapons asap to bomb some shithole.
Uuuuu didn't that just happenz? Oi vey yasss it didz.
Military industrial complex meets Golan Heights oil and then some of the denbts will go away.
Got that?
Joshua Campbell
greater depression soon lads
Charles Morris
Literally as long as Israel exists and the Rothschild family control the Federal Reserve
Ayden Cooper
Nothing wrong with the debt unless we stop inflation. Inflation is good for young people because we need to pay all this debt we got from boomers letting govt loans go to colleges, thus ramping up prices. Plus the mentality that "trade" jobs are "bad" so by the time kids hit adulthood (and understand what college is for) at 26 they already have 50k+ in debt.
Henry Martin
except this time there is no homogeneity to hold the country together once the carrot is removed from in front of the masses
Robert Fisher
Whenever institutions get tired of buying the debt so you can't make debt payments without collapsing social insurance programs and/or the military.
Jeremiah Martin
Um not really because we are already in it.
Cooper Barnes
Get on my level faggots.
Now pay your debts, I need another yacht for my yacht
Luis Baker
forgot pic
Carson Hall
>that obama spike
Connor Barnes
also you are probably going to war over this, sooner or later
Thomas Hughes
Just as long as we have the biggest guns.
Hunter Nguyen
That's the plan.
> Entitlements come due, are unpayable
> Normie voters demand deficit spending, higher taxes
> Productive people nope the fuck out, tax revenue decreases
> Debt crisis
> House Rothschild graciously offers to guarantee the debt at a low rate in exchange for chipping every American, banning guns, and accepting authority of UN high court located in Israel
> Normie voters accept
> Depopulation agenda begins; space program cancelled forever
James Reed
What's a "debt" exactly?
Charles Flores
War against the Social Security Trust Fund.
Noah Cruz
now about that yacht, chop chop I can't get to land with the current one, so I need another smaller yacht, to have on my yacht
>chop chop
Cameron Gray
it's a big problem here too, when we get old it's most likely we won't even get pensions. the boomer will have spent it all and burned the world as they leave
Jayden Thomas
Inflation reduces the debt load fucktard. If somebody said tomorrow the national debt was equal to the price of a half gallon of milk, no problem paying that off right?
>conservative brain free economics
Carter Russell
It was called the Great Recession genius. Thanks Bush
Asher Richardson
Inflation decreases the willingness for people to lend you money, because your debt is a worse investment in real terms.
Easton Wilson
>obama raises spending
>its bushs fault
Congratulations on being the brainlet of the year.
Gavin Price
Send a letter to the Rothschilds saying youre no longer at this address, dont answer your door. Ignore further threatening letters. Simple.
James King
Do what the jews say and you dont have to worry about it.
Ryder Wood
"Debt is money owed by one party, the borrower or debtor, to a second party, the lender or creditor. The borrower may be a sovereign state or country, local government, company, or an individual. The lender may be a bank, credit card company, payday loan provider, business, or an individual."
>>The borrower may be a sovereign state or country, local government, company, or an individual. The lender may be a bank, credit card company, payday loan provider, business, or an individual.
>>The lender may be a bank, credit card company, payday loan provider, business, or an individual.
>>A bank, credit card company, payday loan provider, business, or an individual.
So, let me ask you this question... what bank does America owe all this money to exactly?
Because I seriously doubt that America owes trillions of dollars to a credit card company, payday loan provider, business, or an individual.
If your awnser is that they owe it to the federal reserve bank... who are loaning money that they don't really have since day one... you are correct.
But they never really loaned any money in the first place...
Lincoln Torres
> falling for the divide and conquer jew strat
Mason Reyes
oh yeah for sure the recession striking in december 2007 -- before obama was even in office -- was his fault. just like the economy growing now is all trump's accomplishment!
Blake Gutierrez
about -12 years ago now.
sustainable debt with the US GDP was around 8-12 trillion. We're past 20 now. If you deficit spend forever you wind up like zimbabwe or the weimar republic. Thats the plan for the US.
Leo Jones
Not going to read your post maskfag, but a ton of the debt is held by U.S. reitrement programs (both fed and state level) and mutual funds.
Colton Phillips
Yep the plan is to let them sink in their own scheme.
That's why the Chinese and the saudis bought that debt in the first place.
Carson Clark
It's already too late, honestly. We don't have anyone that gives a fuck to change it. Republicans are just was bad as Democrats with spending.
Chase Mitchell
>recession means obama is forced to increase entitlement spending
Jayden Evans
it's too late, this will unironically cause 20 back to back world wars until pic related is economic policy
Luke Ward
Apparently forever. Let's go watch sportsball.
Isaiah Edwards
I've always thought the David penis was weird, how it rests on top of the balls while he's standing. Like, wtf.
Jackson Baker
well duh, more poor people hitting the safety net means you gotta fund the safety net
not only that, but read any economics book and you'll learn
>pay off the debt when the economy is good and you can afford it
>spend during a recession, get the economy flowing again
if not for the federal spending and the quantitative easing by the fed, the great recession would have been as bad if not worse than the great depression
please stop being a retard republican and learn something before parroting what the puppetmasters put in your script
Leo Jackson
Why do you think we are building the wall, renegotiating trade, and cutting off welfare?
Wyatt Russell
PS: the economy is great, SO GREAT, now, we're BRINGING BACK JOBS! and those great words MADE IN THE USA!
but unfortunately trump just continues to balloon the defecit and signs a debt-balooning spending bill because he caved to the establishment "spend spend spend"ers
Parker Kelly
>hes unironcially a keynesian
Cooper Campbell
uh, it worked right? proof in the pudding maybe?
Alexander Anderson
Until the elite finish moving everything to China after that they will start their massive world war and you will end becoming balkanized and Europe into a smoldering mixed people.
Jonathan Bennett
Keep telling yourself that, rabbi.
Chase Smith
No one is ever going to willingly cut the budget in a big way, because it will cause disruption in employment. Either directly or indirectly through decreased consumption funded by gibs.
Samuel Clark
>i lost argument
>therefore antisemitism
great work bro, classic
Hudson Lewis
>i follow the most irrational economic model ever
>i will spout the bullshit on a bhutanese kaleidoscope crafting forum
>i will pull the (((antisemitism card))) on anyone that calls me out on it
Hunter Turner
Neither of you should be allowed to live, but you are especially stupid.
Aaron Phillips
"debt"
It's only debt when you really have to repay
Alexander Turner
the economics worked, period. there is proof, just look.
>this dude posts a rubbing-hands-big-nose-jew "My Little Rabbi: Shekels is Magic" cartoon
oh yeah, i'm way out of line for labeling you an antisemite.
just fuck off troll. go back to your st. petersburg flat and eat some goulash with Anastasiya and little Boris and Sergey
Caleb Gomez
>muh russians
As if you couldn't make yourself sound even dumber.
Cameron Nelson
>heh did i also tell you that you are a russian bot
Smell you later, boobs.
Kayden Lewis
what is our debt comparatively when inflation taken into count.
Austin Richardson
Indefinitely, money printing is a politically convenient way of taxation. It distorts the economy a bit, but in and of itself it won't bring a currency or country down. A central bank can hold infinity government debt at 0% interest rate.
Luke Campbell
In an economic crisis in a white country everyone is a Keynesian. In a war in a white country everyone is a central planner.
Whites are just that good, when we really set our minds to it we can do it better than the free market. But it's easy to get distracted, or infected with jews.
Elijah Phillips
remember to pay your social security taxes for your wonderful aging boomer generation, user. :-)
Landon Miller
Bunch of mental masturbation.
Asher Phillips
Moлoдeц!
please let the internet research agency manager know i recommend you for your excellent trollage, 100% misinformation, perfection!
Owen Baker
>using rabbi as an insult
Brandon Bell
But if the debt becomes too large, then you cannot just print enough money, otherwise you would cause hyperinflation. Am I right? So there must be a point of collapse.
Xavier Ramirez
true, so massive debt crisis in a few years instead of modest tax hikes on the .1%. of course trump hates the idea of taxing his uber-wealthy elite buddies
Cooper Martinez
good point, but the trump administration's current economic philosophy (as i understand it) is that the economy will grow so fast (like 5-7% for the next infinity years) that natural inflation (as opposed to printing money) will wash away the debt. so there's a pro-inflation argument coming from the conservatives.
i don't agree with that, but the fact is that inflation does reduce the debt load and the guy i responded to first had the concept completely reversed
Robert Butler
I'd like to see this graph in adjusted dollars.
After all, since the creation of the central bank, the U.S. dollar's value has declined to 5 cents.
You may be seeing a ton of inflation in this graph, which is also known to increase exponentially, toward the end of a mony's value.
Caleb Collins
Nah m8 we've simply been stacking up more and more debt. Once the debt bubble pops, there's gonna be a real 1929 style depression
Benjamin Robinson
Shit, dat bitch looks like an exponential function. I fear exponential asymptotic growth algorithms.
t.computer science major
Leo Hall
As long as we have the most weapons
Adam Collins
>come and collect yeeeeehaaaaaa
You do realize that US debt is mostly owned by burgers, right?