BREAKING: US finally finds the ultimate fix for the $40T national debt.Treasury Secretary Scott Bessent actually said we can "grow our way out of debt" if we magically hit 3% annual GDP growth! Yes! Just grow the GDP faster than the debt is piling up!
>>542281711Is the guy on the right Canadian? What's wrong with his head?
>>542281857I don't get the joke.
>>542281711just pay your debts!!!
>>542281857You wouldn't watch south park if you had to pay for every episode you watch.Its gay propaganda for children, if you bought a videocassette the creator would make gay joke at the start of the video.But most children have watched it free, it was subversive homosexual content.
>>542281711Yes. That was always an option, but so much of that "3%" is fucking Gov spending further retarding economic growth, it is a fools errand t- say nothing of blowing hundreds of thousands in def tech at intercepting temu drones.It isn't a wrong statementIt is just fucking unhinged and nothing any administration has ever given a single shit aboutIf they DID care they would just renege on the debt and just start issuing fucking treasury notes instead of sucking a private bank's cock for 'money'.If we're going to do anything with those defense trillions might as well use them defending ourselves when someone finally comes to try and collect.
>>542283194>If they DID care they would just renege on the debt and just start issuing fucking treasury notes instead of sucking a private bank's cock for 'money'.This lol
You took out a loanPay it back
>>542283194T notes are the debt, you fucking imbecile.
>>5422817113% is still below the 5% interest on the debt, so it wouldn't work.
>>542281711yawn
>>542281711Ahh gdp! Which needs endless migration of uneducated uninsured men of fighting age! That'll fix everything!
Or they can just tax the rich people instead of selling them bonds so they get it all back plus interest
The US is in big trouble. Right now they are desperately trying to control the bond market. They had to intervene in Japan's and their own markets to keep the balls bouncing over the last few weeks. The yield on the US30yr is at at 25yr high. This sets the mortgage rates and many business lines of credit rates. This number cannot be allowed to move any higher when everything in the US is expensive right now. The real issue is all of the top 5 holders of US debt, dumped this year. Just last week Norway, with the largest sovereign wealth fund in the world announced they would be selling US treasuries. This is a big problem when you have to sell $2T in debt each year to cover your budget shortfall. If everyone is selling, who is supposed to buy this so the US can print more money? Well the answer is nobody. First the US looks very risky - tossed away $300B on a losing war with IRAN, $40T national debt rising $10B each day with $3B each day paid in interest only on the debt. Next, they are throwing their weight around and trying to bully people like this was 1980's. Going forward is going to be scary. If you can't finance new debt with bond sales, then you have to just print money which destroys the dollar quickly. This won't go as fast as Zimbabwe because the $USD is the world currency, but it will go quickly when people realize it is going the Weimer way. Unless Trump really is retarded, he has some sort of plan. Maybe he runs operation confusion for a while and eventually wipes out the debt - declare a force majeure and surrender all foreign assets. Bring the troops home and give everyone the finger. If you can't finance more debt, then the market is no good to you anyway. It would mean the end of access to global markets, but paying $900B in interest each year is going to suck more.
>>542281711Weird. How does government usually grow our GDP again? Oh yeah, with endless cheap imported labor.
>>542285124>Unless Trump really is retardedHe is. Iran can keep zion don playing indefinitely just by taunting him with more AI lego tiktoks
>>542281711Hahqhahhahqhahahahahha...clown world. Imagine working for these loons.
