The debt bomb is ticking.
>>523671612I call it the BIDEN debt
Clock in and lock in, wagies.
How are you going to fix that ?
>>523671612Just default. The debt doesn't matter, and the banks don't deserve to be paid.
>>523671752Steal all your Jew gold
>>523671612The pandemic was ww3 with China and that turned into a nothing.
we never worked off the GFC QE debt before the Covid debt hit and ramped it up even further, now the FED is out of ammo for the next crisis, while Congress is AWOL on the fiscal side, takes two to tango - fiscal and monetary policy
>>523671752Log axis.
>>523671752It's an easy fix; but you won't like it.
>>523671612Invest in debt collection $oxlc
How did we magically lose so much debt after wars?
>>523671612>Projected
>>523671612Who cares?
>>523671612China's debt to GDP is like 500% and they seem to be doing alright.
>>523671612It’s not, they’re going to financial the debt and inflate the currency so things are more expensive. $100 for a loaf of bread. That’s the future of America.
>>523671612The debt is public, but the creation of currency is done by a private bankEveryone should be hanging these kikes by lamp posts
>>523673165GDP growth combined with reduced government expenditure
>>523671612This is why democracy can't really survive long term, because there are problems that will require people to suffer in order to fix, but they just keep kicking the can down the road because they can't implement actual solutions and get votes. That is on top of only the dregs of society going into politics to get rich because they have zero talent for anything else.
>>523673214 <--memeflag>>523673244>China's debt to GDP is like 500% and they seem to be doing alrightchecked, is yuan the global default reserve currency denomination?>>523673504>GDP growth combined with reduced government expenditureThat is (part of) the strategy of the administration to prevent Total Default within four years at the current rate of $2T/annum fedgov spending, is to somehow raise annual gdp growth from its present anemic ~2 percent to around 5 or 6 percent, but even if that goal was attained it doesn't stop the debt magnitude growing by $2T/year. In other words, no matter how much reshoring of manufacturing and "good" jobs, the gigaballooning of deficits and national debt needs to reverse course. Congress needs to stop charging the credit card.Interest Payments on the debt consume half of entire annual federal budget and already exceed (growing every year) annual discretionary spending. >>523671847>>523672088>two to tango - fiscal and monetary policychecked, this anon gets it: the *tandem lockstep* gigaexpansion of both monetary(central bank+treasury 'moneyprinting') and fiscal(gov spending by Congress <--they control purse strings) policies is what is hurtling the U.S. toward Total Default. (No, "taxes" or "tariffs" don't matter because it's not a revenue problem; it's a spending problem) The current rates of spending and "raise annual GDP growth rate" strategy, just barely will keep fedgov ahead of Interest Payments i.e. just barely make payments on the credit card.Either way, we don't have four years. Global debt market is on brink of collapse due to increasingly volatile and unstable bond yields that are default reliant on USD (treasuries) denomination.
Yeah, they arent gonna make it to 2030 lol. They need a new psyop large scale like COVID tomorrow or their fucked and they know the people cant handle it right now lol!!! hahahahah its really funny the conundrum we are in right now!!! I like when cards fall and glass houses shatter!
heres the actual solution though. end the fed. declare the debt odious and incurred under durress (which it is) grab your guns and tell them bankers to come n get it, and you know they will try. its the only way out though.
>>523671612i watched the economic bald guy video too, its entretaining as background noise. >>523671660it was actually the 2008 bailouts, its clearly graphed there, nobody corrected that anomaly and only got worse since then
>>523671660wow you solved the problem!
>>523671612
>>523674578
>>523671660Trump will add 10 trillion at pace he is at
>>523674609>solution is massive gov cuts and deregulationso musk was actually right about everything and leftards ruined usa forever opposing him in a crucial moment??
>>523674772>realistic outcome is hyperinflation and financial collapse wow, ask venezuela how that goes, i dont believe they will let it go that bad but the soviet union looked solid at the time and no one predicted its collapse so who knows
>>523674578Boomers might eventually realize their retirement was used to pay for vietnam
now show Intragovernmental DebtkekTrump just shaved $18T off of our unfunded liabilities
