Why can't yanks pay denbts?
>>216258162Why can't Aussies loan us an extra tree fiddy while we're all talking about it?
>>216258203Best I can do are more eucalyptus trees
>>216258162>t. Retard who doesn’t know about how government debt worksWe are always paying our debt on time, but always taking on more debtJust a question of how high the credit limit can go.
>>216258277So you're taking on more debt than you can pay back. Cringe.
>>216258162Social Security
Why doesn't Trump just default on foreign debt? Wikipedia says 33% of US debt is owned by foreigners so he can just wipe out 33% of the US debt like that. What's Timmy gonna do?
They just print more. Money is not real.
>>216258338It'd be hard for us to continue to borrow from foreigners after the fact lol
>>216258162They can. Having debt is a good thing, because it gives them an opportunity to show that they're able to pay them. Countries with very little debt can't be trusted with much more, so they're going to be fucked if there's a war or other disaster that would require them to take a loan. It's no different from credit scores for people. The US would be able to borrow a ton of money because they've established that they always pay their debts.
>>216258364I'll shout youse a pint or two every now and again don't worry
>>216258162Nothing ever happens
>>216258384Let me read up on economics for a wee bit
Debt is a meme
USA is all in as regards the AI race. The idea is increasing the denominator in that ratio in the mid and long terms through efficiency, innovation and disruption brought by generative AI. The future of USA is in the hands of OpenAI and Anthropic.
>>216258162who holds the debtpeople keep buying that shit
>>216258508
>>216258586if they thought it was going to shit all these would dump itthat being said i think it's very unlikely that the USD-fiat system will survive the next ~30 years
>>216258162They take loans but what percent of that goes in the pockets of already rich people in the form of government contract?
>>216258162I still don't know how debt, credit, GDP, GDP per Capita, loans, and etc work in governments.
>>216260651Governments have a yearly budget to spend in "public" stuff: public schools & hospitals, forces of order, road maintenance, social programs, etc. Ideally this budget would be derived from all the taxes collected each year, but that's rarely enough, so governments issue debt every week: they promise whoever buys such debt (banks, funds, regular citizens, foreign institutions, anything goes) to repay them and then add some interest (a few percentage points).The belief is that as long as the economy (and the population to some extent) grows, more taxes will be collected by the government, so the repayments of principal and interests won't be much of a burden as years pass.GDP is an approximate way to 'measure' a country's size of its economy.
>>216260734This makes no sense.This way, a government/country will be permeantly in debt. How can one guarantee that the government won't collapse or ends up being unable to pay its debts?
>>216260770No one can guarantee that which is one reason why different governments (and companies for that matter) have different yields (payouts) on their bonds. The yields are determined by supply and demand. So for example Argentinian debt is hella high yield, but a little less so now
>>216258162why do you think we are importing so many nonwhites? someone's getting stuck with the bill, and it ain't whitey
>>216258508china, japan, bongolia and a bunch of pension funds/retirement funds
>>216260651easy, it's all jewish and fake. especially GDP. you know GDP doesn't even differentiate between citizens and foreigners? GNP, what we used before GDP, only counted citizens so everyone switched to GDP so foreign multinational israelis would count towards like go up for the countries. if indians move to iran and then send all the money back to india, that counts as GDP and makes line go up
>>216260770>How can one guarantee that the government won't collapse or ends up being unable to pay its debts?they can't but out of all the things you can put money into the government is probably statistically the safest thing
>>216258162Women tea emoji
