What if USA just doesn't pay the 40 trillion they owe?
credit rating collapse, currency devaluation, import shortages, inflation, unemployment
>>541295615none of that shit matters, it's made-up figures on a screen
>>541295473Uhh…that’s the plan
>>541295473People dump bonds, interest rates sky rocket, businesses lose access to credit, people can't afford mortages, the government ceases to function, total societal collapse as the financial system is overhauled.
>>541295473defaults, can't borrow anymore chingchong dingdong money and then everything collapses
>>541295473Yahweh will be very angry and do plagues and stuff
>>541295473probably the democratic socialist president will wave a magic pen and say the debt to capitalist investors is null and void. Then they will refuse to lend any more money, then the democratic socialists will confiscate private money by force.
>>541295473This is actually something companies and governments have modeled. The 'debt' isn't just a big pile of money; it is mainly structured as outstanding US Treasury bonds and similar instruments. Those bonds are a core part of many different corporate and personal financial portfolios, including a large chunk of all retirees in the US. This includes bond derivatives or indexes like 'bond funds' which are closely related. If the US stopped paying either bond interest or stopped redeeming oustanding bonds, the monetary value of all of those instruments would start to crash. Investment portfolios with treasuries or adjacent instruments would fall in value at the same time, which means that stock markets would crash, and American corporations would suddenly face a cash crunch. It would definitely induce an economic depression in the US, though its severity depends on how much of the debt is actually repudiated or marked down. If it's only a partial writeoff, it would not be as severe as a total liquidation.
>>541295473Is that Lorde?WTF? Is this a stunt for her new album?
>>541295657>none of that shit mattersit matters when your country exports or imports anything
>>541296378tl,dr: burger living standards crash, but how low?
The debt is fake.The "holders" are a private group of bankers called the Federal Reserve.It's time to be a sovereign nation.
>>541296533It depends on what else is happening in the economy at the time. For example, what is the production cost for electricity? Did the US manage to restart rare earth mineral production, or are they still being imported? If we go by countries like post-Soviet Russia or early-00's Argentina, incomes and living standards might fall by 40 to 60%.
>>541295473Jews.
You took out a loanPay it backSimple
>>541295615>credit rating collapse, currency devaluation, import shortages, inflation, unemploymentwe already have those things
>>541295473Deport somalians, without their scams it's 1 trillon per year already.
>>541296688the nigger chimpout when welfare is cut will be biblical
>>541295473>What if Israel just doesn't pay the 40 trillion they owe?fixed it for you
>>541296343The funniest thing is that this is the real deal.The entire financial world is fake. The only thing that exist is force, but all the people cabaple of force are being bribed by the people with money.Until they start not giving a shit to money anymore.
>>541295473Most of it is owned by Americans themselves. So the government will basically fuck you over first and foremost.
>>541295473If anyone tried to call us on it the world economy would collapse so they shant be doing that. Economists don't think that far ahead anyway.
>>541295615Ohh nooo, we need to protect the current slave system
>>541296753You took the vaxYou getting bloothclothSimple
>40 trillion in debtOh nooo!But its not real debt, like when you get a secured loan for a car or a house. It is only secured by bonds.It’s hard to explain and would mean me writing several 2,000 character posts and still minimising it all to explain it but basically it’s debt, yes, but not like any other kind of money debt that you can think of and it should NOT be worried about in the same way that other debts are. Its linked to bonds, now if you were a Russia shill but were clever enough to understand how bonds work - and that’s never going to happen - then (You) would be the one who should have to worry. Russia is literally collapsing and it is collapsing NOW no matter what any self styled expert might tell you because russia is now unable to sell any bonds and cannot raise any money. Russia cannot stay the same much longer just carrying on i.e. “collapsing”. OK. Remember 99% of politicians and media who use fake image to seem like experts on every subject who talk about US debt don’t understand it, anybody who talks about it as though the debt is the same as other types of money debt ARE FAKING IT and by definition do not understand the subject. There are issues, its NOT all good. There are things about it that are concerning BUT as long as America can carry on as it is doing and life there is great then THE DEBT IS WORKING and the only thing that can ruin it is moods, so people spreading disinfo and fear are actually the danger NOT the big long money number of 40 gazillion. >trust me broDon’t, if you like. I’ll just smirk at your norminess and NPC credentials while you pretend you understand things you don’t understand, its funny after all.But cerealy, don’t over sweat it on this figure. Like i say russia is in real deep shit not the US. The US is extraordinarily strong.
>>541295473>What if USA just doesn't pay the 40 trillion they owe?they never will pay it, ever. They only pay bonds on it, which they do pay out no prob’s. They can always change the value of the numerical payment anyway. The numbers do not matter. Mood matters. As long as people feel good about the US and keep investing then the debt goes UP and that is OKAY. >>541295615>credit rating collapse, currency devaluation, import shortages, inflation, unemploymentGood guess but its only bonds. It means nobody would buy bonds which would put the US in exactly the precise situation Russia has been in since a couple of weeks ago when all banks refused to buy any more russian bonds. It can cause any of those things you listed by extension perhaps, but not directly.
>>541295473Sovereign debt default.The U.S won't ever pay its debt back, so we get to find out.The fallout will be vast, and few will be spared. It's not exactly sure what will happen, because this is going into uncharted territory.
>>541296753It doesn't work like that. The US national debt isn't a loan they need to pay back like when you walk into a bank and take out a loan for a car for example and pay it back. It's an instrument to throttle productivity. The financial system is designed to keep you pacified and docile with conveniences but poor enough to not be a threat. The idea is to make you unable to be fully independent so that you keep showing up at those jobs and paying for Mr. Shekelberg's new island while you are indoctrinated with propaganda to think you are free and independent and living in the best time to be alive in human history, but you are not. It's just the newest and most convoluted form of slavery ever conceived. Ingenious, really. The more in debt the government is, the more (((economic activity))) is happening. It's all a distraction to keep you chasing and keep you busy. It was never about being solvent.
>>541295473It’s mostly money that we owe to ourselves.
>>541295473We will have to offer higher premiums on our debt because less people will want to purchase it. You know those niggers that buy a car for 50000 payments of 1000 on a car worth 5000, yea, thats us.
>>541297217>>capslock for emphasis>I would explain, but it's too complicated :)>then half the post is about russia for some reasonI do not trust you, bro.
>>541295473RIP reviewbrah
>>541295473Nothing happens. It just goes away. Some accountant will enter the line item as $0 instead of $40,000,000,000,000.00
>>541295473All debt means is "something" is owed and that something is valuated in USD, thus translated into a monetary debt. Eventually people's lives will become worthless as our fiat continues to bleed faith in the nation the printed it.
>>541295473>We print made up money.>We get made up debt.>If we fail to pay made up debt we collapse for made up reasons.It's all so tiring. There's a very real chance most of us will die because of this shit despite the things that actually matter (resources, food, skills) being in abundance. All because a minority of the population already rich enough to live in perpetual comfort wanted more. Ultimately this is what it all comes down to. The whole reason our representatives don't represent is because they're greedy and being paid off by another greedy person. None of these people provide labor, they don't produce anything, they move money around and push pens and they have bunkers to hide in after causing the inevitable collapse because they think they are better than you.
>>541295473They pay that different way by losing trust to dollar...It comes more expensive for them than tiny 40 trillion dollar.
>>541297477He's just being a nigger. The Russians figured it out long ago:>they pretend to pay us, so we pretend to work
>>541296172>People dump bonds, interest rates sky rocket, businesses lose access to credit, people can't afford mortages, the government ceases to function, total societal collapse as the financial system is overhauled.As long as Israel is safe its worth it.
>>541295473That money is owed to us by Jews.
>>541297844disgusting hobo """food""", only a mutt would touch that!
>>541297297you seem to know what you’re talking about. will you explain how national debt relates to Treasury printing bills and then “loaning” them to federal government? it seems to me such a debt spirals (can never be repayed) but the boffins at the top aren’t stupid enough to do that right?
The fact that something as simple as money and debt has become so convoluted that it causes so much debate among "experts" that all sound like religious scholars who interpret it in different ways should tell you all you need to know. It's fake. It's all fake. A bunch of mysterious quasi religious voodoo bullshit.
>>541297989It's just made-up game rules like a board game. The idea is to just keep you confused and give the system a pretense of legitimacy with big kike pilpul words. >this entity prints up (((this))) and hands it over to that entity in exchange for (((that)))The masses don't catch on because they are too busy with their lives to try to figure it out and those who do realize it's all just bullshit designed to confuse and enslave you. But that doesn't matter as long as the masses stay confused and play the game exchanging the fake paper and digital shekels for real world goods and services
>what if mcdonalds just never gave the customers their order.
>>541298189cool it with the antisemitic remarks
>>541296467Yup
>>541295473https://youtu.be/sbKqb80AZqs
>>541295657The government doesn't think so.>>541295473Economic stagnation as infinite printer is no longer a real option to fix inflation/deflation issues. The death of the petrodollar and the rise of the petroyuan. That has been in play for awhile now but it was relegated to the country's pissreal hated and had zoggle America sanctions against. The Saudi's will eventually have to abandon the petro dollar and just trade in yuan and use that to buy Chinese products. America then is isolated to the western hemisphere and this side of the planet will be a laughing stock of brown monkeys.Who knows what Europe will do. They will reach for one cock or another and pretend like they are independent like they currently do.
>>541295473What are they gonna do, repo the nation?
>>541295657It matters to the Jewish parasites.
>>541299468>Jewish parasitesYou usually say "money well spent" about the them in Kiev.
>>541298189Any economic expert will tell you the concept of money is imaginary... Well maybe not libertarions they think gold has magical powers, not like it has a certain weight to it and is mailable perfect for an empire trying to print the face of their king on said gold so some random jew can't cause a hyperinflation economic crisis. A relic of the ancient world. I digress. Money is just a representation of your labor inside of whatever country or corporation your in. It's just a way to trade labor and keep track of it. As anyone can tell this concept has been abused to high hell and back.
>>541299548Gold is the perfect tender and point of value for a monetary system. The problem is the monetary system itself.
>>541299440Other nations start to see the dollar as no longer a safe, stable, or lucrative option and start using other currencies. Dollars no longer buy cheap international goods and the problem starts to become inverse. The military can no longer enforce this type of system onto other countries.
>>541299742You can't print more gold during a deflationary cycle which spirals into a depression.
>>541299742Oh yeah! I'm ready for your gold economy all right. Bring it on.
I know, I know. I'm just not going to pay it (the debt) is all hahahhaha
>>541299538That's news to me. I love both Ukroniggers and Russofaggots and wish they would stop fighting.
>>541295473What do you mean "what if"? The US is obviously never paying it. At this point it's just a political talking point to keep you believing our currency is real so they can keep printing goy bucks and trick you into trading your labor for them.
>>541295473That's how it works. Governments only ever have to pay the interest on the debt, the rest of it rolls over (issue new bonds to pay for it when it's due). Raising the money to pay the interest is trivial, it's just a matter of increasing taxes or decreasing spending somewhere.
>>541299197>a laughing stock of brown monkeys.A laughing stock of brown monkeys feeding an algorithm. The ultimate cash cow.
>>541295473Then the taxpayers will be billed for it directly.
Most of that debt is owed to US citizens. What do you think happens when suddenly they stop getting paid back?
>>541295473Greece did it. Why can't the USA do it ?
>>541295473It's a big debt.
>>541296481The stroke of a pen can fix imaginary numbers.
>>541295473The US defaulted on it's debt because you evil cunts burned down all their public buildings in the 1812 war. They will do it again, it's a fucking circus right now.
>>541295473boomers and xirs lose their 419(k) and housing valuations that they sold this cunt for
>>541296299Yahweh hates usury but no pastors are aware of it>>541296343theyre going to confiscate everyone crypto
>>541295473USD stops being the world reserve currency over night. At their current rate of borrowing, this would result in hyperinflation, which could only be stopped by like 25% or higher interest rates and some extreme austerity measures to reduce the deficit. The extreme interest rate would decimate all economic growth. The reason the USA can have lower interest rates is because of the international demand for US bonds. Foreign nations hold USD to facilitate international trade, and invest into US bonds instead of just holding raw cash which of course would devalue on it's own due to inflation.The trade deficit all of a sudden becomes an issue if the USD isn't what is used to conduct trade anymore. America pays for stuff by exporting USD, if they aren't using USD, then they're trading in a different currency and the problem becomes how to get that currency. If it's the yuan, then ideally they would export something in exchange for yuan, then use the yuan to import stuff. That's how other nations do it with USD. So the US would have to hold trillions in yuan to do this. There is a reason the USA can have a -800b trade deficit and not have that as a problem, while the next nation on the list is 10% of that, being japan, and japan has numerous financial problems.
>>541295473who does the government owe 40 million to? the taxpayers?
>>541295473Just so you know the only reason why a country like the US would need to "borrow" money in the first place is just for an excuse for the ultra wealthy to safely store their wealth while yield farming the government at the same time.
>>541295473the money can never be repaid, because it doesn't exist .. it's a scam, a ponzi
>>541295473Who exactly do we owe money to anyway?
>>541303916Are you literate? What kind of question is this numb nutsStop playing video games and read a few books
>>541295473What if USA just kills everyone that works for The Federal Reserve Bank
If they want access to all our flock footage they'd better pay in US dollars. Think about all the porn that's on there
>>541295473Boomers would stop receiving social security checks and Medicaid. Then foreign countries would stop exporting to us because we don't pay what we owe.
>>541297716>There's a very real chance most of us will die because of this shit despite the things that actually matter (resources, food, skills) being in abundance.The blockade of the Strait of Hormuz is going to put a squeeze on actual resources. The big wigs can't print oil, LNG, or fertilizer and the tricks that are keeping the price down are no longer working.
>>541295473We're not going to. It's not supposed to be paid back. It's supposed to be the basis for selling off the country to borderless transnational corporations so that the country no longer exists anymore, except for a de facto collection of city-states that all look the same as in any other region of the world. It's supposed to transition us into a post industrial cyberpunk dystopia. Welcome to regionalization. Welcome to Agenda 2030. Welcome to technocracy. Required Reading:>Between 2 Ages: America's Role in the technetronic Era
>>541295473Da fuq da little world gon do? If yo major exports is to da USA, yo GDP is on credit.
>>541295473Then a set of bureaucratic rules kick in.Money today is based on debt, trust, and cocaine.
>>541295473It doesn't work like that though, they don't pay anything back, they just devalue the dollar more. It's like a publicly traded company facing bankruptcy that just keeps printing off and selling more stocks on the market forever. Imagine holding on to those stocks, lol.
>>541296172What does that meam for TLT (stock)?
Let's see how smug Elon is after getting a USA army boot to the ribcage.Buy 300 billion dollars in bonds and all the pain goes away Musk
>>541295657Based.
That's not how government debt works...If you stop paying the yields, no one will get new bounds and the government colpaese.
>>541296662It used to be the case, but ever since Bush, debt stop being internal and now, from the 40 trillion the US own, 30 trillions are external debt.Last time Trump tried to attack China, China just sold a bunch of bonds and this send the US into a recession.
>>541295473Well, personally, part of my work's 401K is in government bonds. Does anybody else here have a job that has a 401K? If the debt doesn't get paid, then I don't get paid. I bought the debt. Pay up, welfare niggers.
>>541295473https://files.catbox.moe/qbk78r.mp4
>Somehow I'm the hook for $360,000 worth of debt. Nice knowing that I'm be blame for retards in government and their horrible management of money.
>>541304813>Who exactly do we owe money to anyway?The debt owners
>>541295473To whom am I indebted specifically?Does this forty trillion have any effect on my daily life whatsoever?
>>541306663>To whom am I indebted specifically?...again.. the debt owners>Does this forty trillion have any effect on my daily life whatsoever?Seeing as your government pays $1 TRILLION in debt repayments ANUALLY (rising rapidily btw) this leaves less money for things like infastructure, services. Guess who the government gets their money from
>>541306771I dunno bro.Am I going to see an invoice in the mail?Who are these debt owners? Are they in the room with us right now?You do know debt is traded as a security right?
>>541306510buy 360,000$ worth of debt and then pay it with the interest you earn from it.
>>541306896>Am I going to see an invoice in the mail?With all your governments cut backs to pay the ever increasing interest repayments, probably not lol lmao.>Who are these debt owners? Are they in the room with us right now?Many Australians hold a small percentage of US debt in our retirement funds fkr example, you will pay for my shitposting retirement!>You do know debt is traded as a security right?For sure. Pay debnts mutt
>>541295473bitcoin go up
>>541295473Ok. they will print up 40 $1T bills and jeets are stupid enough to take it. Sorted.
>>541297080i say this
>>541306771>debt repaymentsand more retarded jeet idiocy.
>>541295473Why don't we just seize the wealth of every jew and herd them onto reservations where they have to drink water filled with sterilization chemicals?
>>541295473Well, we'll need to put up a wall...
>>541307056Interesting perspectives thank you
>>541297297So basically the world economy is held up by tape in the form of bonds. Its all jewish bullshit in the end of the day anyway. They've ensnared us in their system and cry everytime it comes close to breaking. Just let it break.
>>541295473oy vey how can you say that??https://m.youtube.com/watch?v=lGo7NfmD0d4&ra=m
>>541295473Domestic debt is just money they already stolen from their citizens. They will never repay it and nothing will happen. Forget about this money which you might have spend for your own needs and wants but you won't. They've pocketed it themselves and they already spend it themselves for their own pleasures.
>>541307182pay debnts mutt
>>541295615but thats already all happening.
>>541307857Stop spending your nations tax dollars on coddling Muslim mass murderers and or removing firearms from the populace and then we can talk
Did anyone pay the debt yet
>>541295473People stop loaning them money and the dollar becomes worthless as the government has to print money to cover costs, and based off current deficits that would be about 2 trillion a year, which considering the current US currency volume would be 10% inflation not even considering more conventional causes of inflation and general distrust in currency. After all if I can sell a thing at $10 but I genuinely doubt the dollar will be worth much by the time I might be able to turn that money around I might simply opt to charge $15 to provide myself some cushioning. After all trade has to take into account future inflation.
>>541308167Nah but theres literally six gorillion little hat debt collectors knocking on my door literally right now
>>541308214>two trillion a yearTrump added ten trillion to the debt since taking office in 2025Good luck with all that
debt slavery? super based
How about now is the debt paid yet
>>541307432This "debt" could rise to gozillion of trillions and nothing would have happened either (as long as the population survives the very process of them "borrowing" the money ofc kek)
>>541308262Well servicing the debt is almost $2 trillion a year itself and we wouldn't be paying that in this scenario.
>>541295473The Legend Also, right now Burger King is no. 1 of The Big Three solely based on burgers and fries HOWEVER Wendy's are the best value, plus they have frosties and the best coffee The Baconator is still the best big 3 burger also
>>541295473
>>541308589Who is we?Can you please show me one of the bills you've gotten in the mail?
nothing happens
>>541310603kek based retard
>>541295473The Federal Bank seazes the government and sells it to Israel.
>>541296172The US doesn't need to sell bonds to finance itself. The Fed and the Treasury are monopoly operations -- they can set interest and yield rates wherever they want.
>>541295473We never will. And even if we did, we'd fall to around the 27th richest country in the world, which isn't the end of the world.But if call in our debts from the rest of the world at the same time we'd probably only fall to 20th richest country in the world.
>>541295473We aren't going to pay it so yeah what happens? Nothing happens just keep on spending.
>>541311554Of course the US is going to pay it. It is denominated in dollars, of which they can never run out.
