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Is anyone worried about America's $19 trillion debt?
LoP Guest
lop guest
User ID: 398043
03-20-2017 07:13 AM

 



Post: #1
Is anyone worried about America's $19 trillion debt?
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Is anyone worried about America's $19 trillion debt?

http://www.mytwintiers.com/news/is-anyon.../592201739

LoP Guest
lop guest
User ID: 396841
03-20-2017 07:15 AM

 



Post: #2
RE: Is anyone worried about America's $19 trillion debt?
yeah, me........and its all going to come to a screeching halt in the near future.
JimmyJohn
Registered User
User ID: 323501
03-20-2017 07:16 AM

Posts: 681



Post: #3
RE: Is anyone worried about America's $19 trillion debt?
Arrest the bankers and seize their assets like Iceland!

f*#k Em!
LoP Guest
lop guest
User ID: 406444
03-20-2017 07:22 AM

 



Post: #4
RE: Is anyone worried about America's $19 trillion debt?
Why not decrease spending?
LoP Guest
lop guest
User ID: 409321
03-20-2017 07:24 AM

 



Post: #5
RE: Is anyone worried about America's $19 trillion debt?
Maybe one day we'll be taking about real money.. until then, not worried...
LoP Guest
lop guest
User ID: 398043
03-20-2017 07:29 AM

 



Post: #6
RE: Is anyone worried about America's $19 trillion debt?
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
LoP Guest
lop guest
User ID: 391807
03-20-2017 07:32 AM

 



Post: #7
RE: Is anyone worried about America's $19 trillion debt?
Its easy to fix
all the US has to do is apply for a different credit card then put all the debt onto that new one....Lmao
LoP Guest
lop guest
User ID: 398043
03-20-2017 07:36 AM

 



Post: #8
RE: Is anyone worried about America's $19 trillion debt?
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn't work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.
LoP Guest
lop guest
User ID: 397519
03-20-2017 07:38 AM

 



Post: #9
RE: Is anyone worried about America's $19 trillion debt?
LoP Guest  Wrote: (03-20-2017 07:32 AM)
Its easy to fix
all the US has to do is apply for a different credit card then put all the debt onto that new one....Lmao

The problem with that is they are still relying on credit, which banks manufacture.

Think of banks like the hidden government, they really run everything because they're the magicians who create money from nothing.

But, historically, people first used gold or silver as money, then governments changed the laws and forced people to use bank paper as money. If they ban cash, then it's all digital, accounting entries.

Eventually, everyone will wake up at about the same time and wonder what the real value is to digital money. What difference is it if the banks create it or if the government just prints it up and deposits it in the bank?

There is no difference other than the existing power structures that rely on using money created from debt. But once it's digital people will no longer associate any difference in value because they know it can be created by the push of a button.
PENDULUM
Registered User
User ID: 397240
03-20-2017 07:40 AM

Posts: 4,291



Post: #10
RE: Is anyone worried about America's $19 trillion debt?
LoP Guest  Wrote: (03-20-2017 07:32 AM)
Its easy to fix
all the US has to do is apply for a different credit card then put all the debt onto that new one....Lmao

At 0% interest for up to 2 years!
LoP Guest
lop guest
User ID: 397519
03-20-2017 07:43 AM

 



Post: #11
RE: Is anyone worried about America's $19 trillion debt?
If you offered as a vote, to have the government authorize $20 trillion in treasury dollars (at par with frns) to be deposited at the federal reserve for the purposes of liquidating all outstanding US debt, at full maturation value of the bond, would you taxpayer authorize such an action?

I think more than 50% of the voters would vote yes, if they understood the issue 90% of them would vote yes.
LoP Guest
lop guest
User ID: 35400
03-20-2017 07:45 AM

 



Post: #12
RE: Is anyone worried about America's $19 trillion debt?
Nope.
JimmyJohn
Registered User
User ID: 323501
03-20-2017 07:50 AM

Posts: 681



Post: #13
RE: Is anyone worried about America's $19 trillion debt?
We are paying $270B a year in US taxes for the privelage of a private bank to make a new row in a spreadsheet.

But people don't care! S977

They are stealing 1/4 of all tax dollars because we let them!
LoP Guest
lop guest
User ID: 391807
03-20-2017 07:52 AM

 



Post: #14
RE: Is anyone worried about America's $19 trillion debt?
JimmyJohn  Wrote: (03-20-2017 07:50 AM)
We are paying $270B a year in US taxes for the privelage of a private bank to make a new row in a spreadsheet.

But people don't care! S977

They are stealing 1/4 of all tax dollars because we let them!

You know what happens when they find someone who can "SEE"
LoP Guest
lop guest
User ID: 397519
03-20-2017 07:53 AM

 



Post: #15
RE: Is anyone worried about America's $19 trillion debt?
JimmyJohn  Wrote: (03-20-2017 07:50 AM)
We are paying $270B a year in US taxes for the privelage of a private bank to make a new row in a spreadsheet.

But people don't care! S977

They are stealing 1/4 of all tax dollars because we let them!

Here, I made a spreadsheet for them, I estimate about 10 years it they don't raise interest rates above 1%

http://lunaticoutpost.com/thread-733456.html

If they raise rates and the 10-year treasury bond hits 4% (6% is historically average) then Trump has problems in about 2 years.

http://lunaticoutpost.com/thread-733456-...id13924985
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