and is now worth 39 trillion (120% of the US GDP).Is this sustainable?
>>62241061Yes.I won't explain why because none of you retards care or learn anyways.
>>62241062Just print to pay it off retards
>>62241061is there a limit to how big a number can be?
Yes, just means a can of Monster Ultra will be $500 one day
>>62241171Muh Shane Lank finna be $1000!
>>62241061No of course it's not sustainable especially if you notice the US fed govt is doing everything it can to make literally everyfuckingthing worse
>>62241163Just mint the one single trillion dollar coin lol.2 cents worth of useless metal in the shape of a medallion with "one trillion dollarydoos" stamped on it.Backed by the full promise of the US govt (to spread chaos death and destruction if you don't let us steal your shit and bomb you whenever we want)
>>62241061It's sustainable as long as someone will pay for it. And that someone doesn't have to be in an American soil.
So many fools ITT... you will never learn.
>>62241166Not really, it just depends on when people start refusing to take in bonds>>62241061No because eventually the cost of honoring the bonds' interest becomes too high to repay and then you're fuckedhappened with the chinese provinces a few years back and some of them got fucked by beijing for it iirc
>>62241061all those wars. all that money given to contractors and friends. all of those costs lumped onto the average retarded american who blindly accepts this from their orange retard leader.
>>62241582I mean you tell everyone you won't teach us and now you make another post complaining how we'll never learn. I personally think you're just here to stroke your giant ego, which is cringe.
>>62241061not my problem Maybe they shouldn't have printed so much money for the scamdemic.
debt doesn't mean anything unless you can collectIf you owe the bank $100, that’s your problem. But if you owe the bank $100 million, that's the bank's problem.
>>62241669they are collecting all the souls of American kids in exchange for that debt
>>62241061roll it forward and bail it out.
>>62241922clearly most developed nations dont care
>>62241641we arent the only country with high debt to gdp its a global systemic problem
>>62241061No it's not. The breaking point will be Japan. Japan will collapse and spook the bond markets, everything spirals out of control from there and set an ultimate limit
90% is own by the government itself so is not a problem.
>>62241660I'm strokin' something, I'll tell you that.
We will print it out of existence. That does mean youll eventually see $50 burgers and your gross pay will barely go up
>>62241061Currency swap lines
>>62241062K, skipping the explanation bit, how much is too much?
>>62242127Pic or never happened
>>62241061The heart of the problem is that this is a political issue, the US government has too little revenue and too high spending. You could at any time "solve" the issue, by raising taxes or curtailing spending. But this is apparently not political feasible.In some way it will solve itself out, either interest payment continue to be manageable, or it won't be - in this scenario you are probably looking at something like stagflation or other economic hardship that makes the interest rate spike and "roll overs" a real pain. In such a situation it will become political feasible to cut spending, to raise taxes, to address the underlying causes.You never hear people at a party ask "haven't we taken enough drugs for tonight?".. That's a topic reserved for the AA meetings.
>>62241061So ur saying it would take only 1.2 years to pay back 250 years of accumulated debt? Sounds like a total nothing burger.
>>62241061To be fair $39 trillion isn't a lot in 2026
>>62241061So when do we pay it back? 47 trillion?
>>62242146but not right now doe maybe later just buy nvidia or something o algo
>>62241061>Is this sustainable?No.
