>America's national debt has surpassed the country's gross domestic product for the first time since World War II, marking a stark increase in the government's fiscal burden.>Debt held by the public stood at $31.27 trillion at the end of April, edging above the U.S. GDP of $31.22 trillion between April 2025 and March 2026, according to a recent analysis by the Committee for a Responsible Federal Budget.https://www.cbsnews.com/amp/news/us-debt-exceeds-gdp-first-time-since-wwii/
>>534566619Exponential functions tend to do that.
>>534566688Stop using antisemitic math.
>>534566619>cut taxes>increase spending>debt balloons even further>HOW COULD THIS BE HAPPENING TO ME?!?!
just print more money to pay it off lol
>lol
>>534566619This isn't the true blackpill. The true black pill is that payments on the interest is projected to exceed total tax revenue by 2034.There is no way the US is going to just declare bankruptcy, so the only course is hyperinflation.
>>534566619Republicans from Reagan to Trump, especially Trump, did this
>>534566619It wasn't just humming along until the housing meltdown in 08/09. Then it just fucking skyrockets with no brakes. Cohencidentally, the stonk market did the same thing.
>>534566886Can't. The key entitlements have COLA adjustments. You need to actually reform SS, Medicare, and Medicaid, and VA disability to a lesser extent.
>>534567051Structurally impossible because of how a bunch of entitlement programs are designed.
>>534567130>SS, Medicare, and Medicaid, and VA disabilityall commie shit, just abolish them entirely
>>534567051>projected to exceed total tax revenue by 2034When you get older you'll realize that this line here is the same line they've been using for like 200 years to try to manipulate or scare you into doing something by fake time pressure. They use it for climate change, they use it for oil drilling, they use it for economic policy, hell they used this exact bullshit to justify invading Iran. It never ends, there's never going to be a magic moment where there isn't some fear mongering tactic about what will happen "in just (XX) years if we don't approve this (((Zionist Agenda))) today!"Stop falling for it.
>>534567130>We can’t afford basic living standards for your grandma, we need to spend trillions more on Israel’s wars
>>534567557People have been talking about this 'kicking the can down the road' for 40 years, except they don't have any tricks left at this point. Unless there is some magic shit that is akin to the credit card invented in the next 5 years, shit is going to completely collapse.
>>534566619*publically held debtThe US had debt more than GDP for a while now
>>534567247military disability payments are 5% of the federal budget now. no one dares to talk about this shit...its like the Minnesota daycare scam shit x10000but no ones approaching it because muh that yew fer yer service!
>>534566619who cares? money and the economy are all just made up numbers
>>534568003>basic living standardsMedicare Advantage pays for golf club membership. We are paying for 20 year luxury vacations, with the highest benefits going to the least deserving, independently wealthy elderly.There is no elderly pension scheme as generous as our current one.
>>534566619And it's only going to continue to spiral out of control and that's what the jews want. They did the same shit to the weimar republic.
>>534568095There's always another trick, when you don't think there's any tricks left, that's part of the trick.
>>534566619Why can't you just print more money and use that to pay off your debt? Y'all just stupid or what?
so all the banks are going to croak and i will lose all my money, is that it?
>>534568334Because the nondiscretionary entitlement programs driving the deficit are indexed to inflation. Inflate the currency and their payouts rise proportionally to the debasement.>>534568419No, your assets will probably increase in nominal terms. In hyperinflation, it's actually one of the better places to park your money. People with their money in MERVAL got off easier than hoi polloi.
>>534566619Sorry, middle class working white citizens, but "Affordability is a Democrat hoax"
>>534568334Because all money 'printed' into existence auto-generates a bond (from each nation's sovereign treasury) that must be sold *and bought* as debt.That's what makes confidence in the system itself. It's a debt-based economic model.When confidence in the debt market becomes volatile (as has been for past four years running, more so than in half a century) or evaporates, bond yields spike.Global debt market is not supposed to whipsaw up-down like crypto or stocks. Bonds are supposed to remain steady and stable. Being as they are, the base foundation of the entire global economy and financial system.Nobody wants to buy the debt, right now.Global debt 2026 is over $350 trillion, up by more than one third from a decade ago.When the global debt (bond) market goes, so goes it all.
>>534566619Fake news. Debt? Who the fuck do we own it to? Even if we can pay it off we could always flip the finger and say fuck it and start over, whos gonna say no? Its feels good being the biggest boy in the ranch and you can do whatever.
>>534566619Prosecute Financial FraudProblem solvedMake white collar crime illegal again.
Shiny pet rock collectors keep winning.
>>534568754It's US you fucking moron, US Debt is owed to the US citizenry and is financed through the Fed. You flip the middle finger, you get zimbabwe inflation. Great for jews who want to buy everything at firesale prices, terrible if you like to eat. It's 1:1. Very accurate flag for the IQ of that post, though.
>>534568632U make up those words. Bonds? The fuk is bond. Spike? Likes the meat skewer?
>>534568532Interest Payments on U.S. debt now vastly exceed annual federal discretionary spending.Fully half of each year's federal budget is instantly vacuumed up by the credit card payment.U.S. treasury is headed for the brick wall of Total Default in four years if ? the annual GDP growth rate is not brought out of its current anemic ~2 percent into the 6 or 7 percent range<--and even if that were achieved, would only *just barely* keep ahead of Interest Payments on the ever-increasing $2 trillion+/year federal spending rubberstamped by U.S. Congress.
>>534568868Yada yada money are fake news anyway. So the government own us citizens some money? But the government is made up of citizens? So its just citizens owning citizens money? Sounds like nothing burger
>>534569013debt = amount of money printedso the more debt the more worthless your money is
>>534568913Well, the American people, but especially the boomers voted for one last middle finger to everyone Gen X or younger.
>>534568875Most economically literate Republican voter
>>534569088Just burn all the excessive cash and make up some bullshit number in the digital currency system, duh
>>534566619Constant stream of doom porn.
>>534566886That's exactly what Trump wants but the Federal Reserve won't let him.He's about to replace the Federal Reserve's Chairman with one of his Yes-men though, so print baby print!
>>534569383Unless they cook inflation data so badly it becomes useless, COLA adjusted entitlements will increase payments and dig the hole deeper.
Debt is good goy.
>>534567051>There is no way the US is going to just declare bankruptcy, so the only course is hyperinflation.The difference between the two is negligible though. In the first case you tell your creditors to go fuck themselves. In the latter you say: well yes I will pay you back your gazillion dollars, which is now worth about halve a candy bar.
>>534566619AMERICA #1! AMERICA #1! AMERICA #1!
>>534569256reality isn't nice anon
>>534567557a lone voice of reason crying out in the wilderness
>>534569217that printed cash is in private hands
>>534567130Easy solution: just lie about inflation
>>534566619maybe write more laws, do more spending and raise taxes higher?>>534566886or make debt illegal?if debt is illegal, no more debt!!>>534567557sucks for americans, but since i'm brown, and obviously not white (or part of the american agreement of the constitution, wherein i can enjoy its benifits), you whites can enjoy that debt all for yourselves.2034 will be 8trillion+ more dollars added on to the debt (unless they decide to just go madmax and double it and give it to the next person for the next 8 years.)sucks to be a "white american", you're eternal debtors to the jews, unless you go the edom route and choose extreme violence (and exile)all you had to do was not fuck the little guy, but you fucked the little guynow you have aids.
>>534566851>cut taxes for rich (me)>increase spending for my family>debt balloons for the next president>so glad this is happening to me>mfw
>>534567051Yeah, or… you raise taxes.
>>534566886>>534569383There is no mechanism by which the Federal Reserve "prints" money on behalf of the government. They only do that for private banks. With QE the banks get to swap their shittiest lowest return assets with the Fed for fresh fedbux. Then they park those fedbux AT the Fed (reserve accounts or overnight reverse repos) which earn a higher rate than their shitty assets that they traded in. These interest and reverse repo payments are made with more digitally minted new fedbux. The public debt is very real and cannot be defrayed by the Fed. The entire purpose of the Fed's existence is the opposite of that: to put the US tax payer into a permanent debt trap. Everyone should know that the Federal Reserve Act and the first income tax act were both passed in 1913. Everyone should also be aware of the shit they pulled during COVID, see picrel. "Assets" here is what the Fed purchased from the banks during the unprecedented QE. You can see it track perfectly with the M2 money supply which jacked by 40% (causing all the COVID era inflation) until April 2023 when the two diverge. At that point they had also raised rates which was brilliant. Not only did they juice the interest payments through the roof on all the new COVID US government debt (now up to A FUCKING TRILLION A YEAR), but they also increased how much money printer go brr payments they make to the banks for parking their money at the Fed.TL;DR The Federal reserve is the biggest financial scam in human history and the ultimate source of all of our economic woes in terms of wealth inequality. From the massive public debt with interest payments growing exponentially, to why everything is so fucking expensive. Not just CPI inflation but the entire Asset/Everything Bubble is their doing. The only thing we can expect in the future is MORE fuckery from them to screw over Americans using these systems. They'll have to get out of defaulting, which means more wealth confiscation from the plebs.
bump to End the Fed
