Yikes!
>>534198793>rubinnot even tired anymore, im feeling better with every thing i know in advance
>>534198793Im gonna post the same thing I posted in the other thread about this:Actually this would indicate that we are on the cusp of another golden age. They say the last time our debt exceeded our GDP was WW2 and what followed that for the US? The 1950s era which was the most prosperous era in US history thus far.So since it is an established fact that history repeats itself, then it's reasonable to assume that since our debt has exceeded our GDP again, then we should hit another era of unprecedented economic prosperity in about a decade or so.
I'm just not gonna pay it. Heh.
Who cares? As long as the Petrodollar remains the global reserve currency, America doesn’t need to pay its debt
>>534201193who is gonna tell him
28% of that debt bas been incurred by the first and second Trump administrations. Five years. True conservatism.
>>534198793Biden at it again, what a loser manThe TWSJ is failing and fakeAlso Barack HUSSEIN Obama
>>534198793It doesn't matter they're probably just going to sign the genius act and continue inflating it
>>534198793Who do they owe to>inb4 Jews
>lol
>>534198872>my vote is equal to this retard
>>534202295Well, that's not an argumentHe made an argument, what do you have to say without sounding mad
>>534198793You lost, trannies!Line going up is always a good thing!
>>534198793World War II began 1939, Britain's national debt-to-GDP ratio was roughly 135% to 150%. This high level was due to debt carried from WWI. This ratio increased during WW2, peaking at over 250% of GDP by 1946.The debt after World WW2 had a transformative & ultimately dismantling effect on Britain & its empire, shifting the nation from a global creditor to a debtor dependent on America. Britain could no longer afford the military costs of controlling faraway colonies like India, which gained independence in 1947. To secure the $3.75 B Anglo-American loan of 1946, Britain had to agree to U.S. terms that dismantled "imperial preference" trade systems, ending the empire's economic unity. The debt owed to colonies became worthless after the pound's devaluation, destroying trust in the imperial financial system. Britain could no longer act independently on the world stage without risking immediate collapse. Rationing of food and fuel continued in Britain until 1954, longer than in defeated Germany. Britain aggressively cut its defense budget from 50% of GDP in 45 to roughly 5% by the 1960s. The final installment of the 1946 loans from the U.S. & Canada was not paid off until Dec. 29, 2006.In 1939 Britain was the waning global hegemon. Today America is the world's primary reserve currency issuer, yet a case can be made that Pax Americana is in terminal decline.The Banking Cartel that used the British & American Empires like a rag to enforce its position & order, has worked in the post war period to prepare another instrument of its machinations, leading into the WW3 reset; however, China seems uninterested in assuming a role that requires aggressive foreign policy kinetic action, outside of dominating the world with mercantilism, thus far it's cultural preference is to focus inward, despite all external training efforts/provocations.We wait for the inevitable rug pull https://iran-cost-ticker.com/ ...or not. $USD strengthened since the Iran conflict.
>>534202295zero does equal zero
