Does this number even matter?
ahahahahaAHAHAHAHAHAGAGAGAGHAHA
No but it will. And when it starts to matter it’ll matter A LOT.
>>542313719Hasn't mattered so far
>>542313719That depends; if a Democrat is president then even one cent that they add to this debt should be considered treason becauss this will eventually destroy our country. If the GOP is in charge, then lol who gives a shit?
>>542313719Not on its own. If the interest you pay on your debt grows faster than government income does, you have a problem. Debt to GDP ratio is a good proxy for this.
>>542313719Most of that debt is owned by the american people
>>542313719Yes. When the AI bubble pops and the economy goes into recession, the government won't have any cards to play. They can't sell bonds and prop up the economy with debt when they are already carrying a shit ton or debt and nobody wants to buy the bonds.
>>542314160>muh dems bad, muh repubs good. Now gimme moar burger
>>542314167>t. flatulent amerimutt lardgolem
>>542313719At this point it's all jewish Monopoly money.
>>542313719The US gdp/debt ratio was similar after ww2.The solution? Hyperinflation. And it worked.So just don't be holding cash when it happens.
>>542313761Buy bonds
>>542314233The Fed will buy them.
>>542313719you're joking right this number has reached a point where its imploding the dollar, and unseating us as the reserve currency BY FORCE, forget about the people fiscal policy is going to be entirely driven around this number going forward and the needs of the people aren't going to even be on the ballot, going forward the only thing we can do now is hold back the breaking dam, prosperity is a long forgotten dream.
>>542314407No.
HYPERINFLATION
>>542314432reserve currency is a jewish psyop, it was always about stretching the us dollar to the failure point
>>542314233The kikes in charge will just invent some new metric to keep the (((economy))) afloat. There's no limit to finance tricks when they can simply come up with new bullshit rules to keep the game going. As long as amerimutt niggercattle keep showing up to their jobs the country will keep running like always. Goyim ignorance and bellies kept full of slop is the name of the game.
>>542314540yeah we are essentially watching trump and co do a controlled demolition of the united states economy, his tenure is going to account for 43% of our debt by the end of his term, and the economic outlook of a singular president with that much of our debt is beyond bleak its downright dystopian whats going on right now.
>>542313719No, not if the PLAN is to run crypto up 400x or so (XRP x10,000) and then use the national sovereign wealth fund to pay off the debt. I would think Japan and China would happily hand over T bills for the right crypto which can generate it's own passive income.
>>542313719it matters in the sense that it's how much jews have stolen from you.ask yourself what your life would be like right now if you had an extra $300,000 worth of stuff just laying around.
>>542313719Just keep thinking that it doesnt. Ignore it and gleefully stay ignorant.
>>542314691>national sovereign wealth fund*ba dum tsshh*good one
>>542313719It only matters if the opposition party is in control.
>>542313719It's all internal accounting BTW.
>>542314691crypto is the wild west and is entirely too volatile to be used this way, plus the conditions that eroded the dollar aren't going to change so the only thing you are doing is accelerating the decline, no ones going to adopt a currency with no backing, no use cases, and is entirely run by rugpulling crooks that the sec won't charge with crimes, the us especially in the crypto scene is entirely lawless you're a fucking joke.
>>542313761Yeah it'll force the hand of World War 3
I disavvow the debt since my government is jewish
>>542313719Yes, the number means your grandmother is losing her social security and is being kicked out of the nursing home and moving in with you.
>>542314228Then maybe we should all go to Washington and tell them it's being repossessed.
>>542313719Interest payments are now growing at an out-of-control rate. And that would be much less of a problem if the USD wasn't at risk of no longer being the global reserve currency. You can inflate your way out of this if you're the global reserve, but not if you aren't. Iran has always been toying with the petroyuan which if it ever becomes popular will close the lane to fixing this.
>>542313719There is zero incentive to pay down the debt, because you are effectively just creating a slush fund for the next admin.
>>542314384The ratio and inflation is the only thing in common. All the other important things like economic growth and fiscal responsibility are missing.
the people increasing the debt will be long gone before it needs to be paid off lol>not my problem goy
The giant number that never mattered is all of a sudden going to matter a whole lot.
>>542314978wait until you see how bad it gets next year, the acceleration in this stuff goes parabolic when you reach numbers large enough, we've already approached the point of no return.
>>542314407Isn’t the point that nobody wants to which is why the yields are going up?
>>542314902Based Trump making life harder for amerimutt lardgolems
>>542313719Only if you want it to
>>542314978>You can inflate your way out of this if you're the global reserve, but not if you aren't.Translation: >You COULD sell your government and country to foreign globalists to mitigate your debt bligations. :)
>>542315260>*obligationsFUCK
>>542313719Q: Does this huge debt really matter?A: It does if we plan on paying it back.Q: Then it doesn't matter because we don't have to pay it back.A: But we are paying it back and our payments now are over 900 billion dollars a year, which is a lot of money and the amount is growing every year.Q: OK so it's costing us a lot of money but since we could chose not to pay it back then it doesn't really matter.A: You're missing the point, we are paying it back and the payments are getting huge and will soon be the biggest thing we pay for, more than defense, more than social security, more...Q: So it doesn't really matter then if we don't have to pay back what we borrowed?A: YOU FUCKING IDIOT HOW MANY TIMES DO I HAVE TO TELL YOU BEFORE IT'LL GET THROUGH YOUR THICK SKULL...
>>542313719not where we're going
>>542313719No. You can take out a billion dollars in credit card debt, but as long as you only have to make a couple hundred dollars payment a month, it doesn't matter. Also factor in you have the weapons and law on your side to depopulate the credit card company if you feel like it. And they know it.
>>542316260retard the global economy has already started isolating the united states and our previous allies like canada have already replaced us with china, you delusional fucking retards are going to watch the united states economy sink to the bottom of the ocean, and people like trump will read your comments and say "hurr durr we don't have to pay debt because muh guns" while pushing away all of our historic allies whom we need to weather storms like this, we're uniquely in a situation where the world would be better off ignoring us entirely and cutting us off from their economies to shield themselves from the fallout of the dollar imploding.
>>542313719What happens when the debt is in negative?
>>542313719Never mattered. We have power projection that supersedes the petrodollar on backing debt. China won't even directly do anything about it.
>>542313719It's how much more money the ultra-wealthy have compared to the rest of us.
>>542316482Based Trump putting an end to burgermutt lardgolem goycuck pedodollar hegemony. The world healing.
>>542316573in theory it can't, because the government would obviously start borrowing again, and our gdp will probably never grow to the point where we outpace our borrowing, maybe we could get the number down to a manageable place but never negative.
>>542313719Yes. The higher this number, the more countries have a vested interest in the stability of the US dollar. Foreign held treasuries are a weapon used by Washington to achieve global domination.Governments have wanted to shed US debt for generations and they may soon be able to. Unfortunately for them, their people will take on the debt in the form of stable coins. All the Goyim of the earth shall be shackled to the US dollar directly as opposed to via their government.
yeschina and other countries buy lots of american debtwhen they stop doing that, then america can no longer print its troubles away
>>542316802i have already debunked this in this very thread, you aren't correcting the conditions that decayed the dollar reinstituting a new currency will actually make things worse, but you won't listen to me so go ahead and do it i dare you, watch how quickly and how badly things get then, as much as i want to shield people from suffering, sometimes experience is the only way to teach, issuing a new digital currency one that is entirely run by lawless rugpulling crooks whom the sec have given carte blanche to do whatever the fuck they want with no repercussions is not a stable replacement for the dollar you stupid fucking retarded ape
>>542316642Technically you are correct. In order to stop inflation, modern economic theory requires billionaires to act as liquidity sinks that soak up excess capital. If the left ever did a wealth tax it would cause uncontrolled inflation.
>>542313719Obviously not.
America is a meme nation that will collapse under its own fat weight
>>542316714It can, when the government starts a company
>>542316954All you have done is rant at clouds. There is undeniable demand for stablecoin across the globe. Foreign nations will need to outright ban them to stop their people from being de facto creditors to the USA. And you had better believe we find a reason to invade any nation that tries to ban a UST stablecoin.
>>542315260If you're the reserve currency, you can export your debt to other countries via inflation. It's part of the privilege of being the reserve. They have to buy your shit currency to buy essentials like oil, so there is no option but to accept paying off the US debt for them. This is why it's so dangerous when the Middle East experiments with the petroyuan because Trump is so unpredictable. There is no way out from the debt if oil starts getting traded in yuan. That will truly be the end of the American empire, currently it's just on its deathbed.
>>542317178>everyone will have to use american banksyes that is a GOOD thing. What banks do you think people use right now, friend? How good a job have they done?
Trump would sell off the country to the Arabs, in exchange for erasing the national debt, and say it's a good thing
>>542317236> There is no way out from the debt if oil starts getting traded in yuanMaybe now you understand why Trump is perpetuating the Iran situation destroying the ME oil market. When China has to start buying from American firms there will be no alternative to dollars.
>>542317178oh you're going to invade a country with what ammunition and what missles because you can't even deal with moutain herders in iran much less all the 1st world economies that are going to drop you like an overweight girlfriend that cheated on you with the dog, but lets put that aside for a minute, do you realize how expensive it would be for the economy and its businesses to replace the apparatus used to spend money with the dollar to one with a digital only crypto currency, so who is going to front the bill for that overhaul of the entire spending structure of the us economy oh thats right the tax payer? so your brilliant plan is to replace the dollar with an untested crypto currency where the first order of business in that new issuance is to SPEND MONEY TO REPLACE THE SYSTEM OF OLD WITH A NEW DIGITAL ONLY CRYPTO SPENDING STRUCTURE, YOU ARE A FUCKING MORON KILL YOURSELF YOU'RE NOT EVEN GOING TO ADDRESS THE MARKET CONDITIONS THAT SPENT THE DOLLAR TO OBLIVION YOU'RE JUST GOING TO FORGET IT EXISTS AND REPLACE IT WITH A NEW CURRENCY WITH NO REGULATIONS, NO OVERSIGHT, AND NO ABILITY TO STOP THINGS LIKE SNIPERS AND P&D SCAMS
> all the 1st world economiesname 6
>>542317283It doesn’t matter if they use American banks, or Apple coin, or X coin, or any other stable coin. As long as the coin is backed by US treasuries it keeps us in the game.
>>542317178you are an actual fucking idiot i hope you realize that, i actually want you to go through with it so i can laugh at you the entire way, and you can bet your fucking ass im going to be making fun of you every minute.
>>542317236>They have to buy your shit currency to buy essentials like oilThey dont have to do shit they simply choose to do so. Theres no such things as a free lunch and foreigners propped up the USD as the global reserve for various reasons that were beneficial on their end (in part for free military protection, jobs/employment opportunities, etc). Its the same reasons why they are now whining about our tariffs.
>>542317368We don’t have any munitions shortages. We are doing two things in Iran. We are restricting China’s access to oil, and we are baiting China into invading Formosa. The first thing naturally leads to the second, and the second thing explains why we are playing kayfabe with the news stories about overflowing by toilets and missile shortages. You clearly don’t understand the stablecoin gambit. The point isn’t to reissue the dollar. The point is to sell treasuries. The dollar will remain the currency of choice for governments and US citizens. The stablecoins will be the currency of choice for the regular citizens of the rest of the world.
>>542317507>why they are now whining about our tariffs.Your tariffs are literally illegal in most cases. There are free trade agreements that have been ratified on both ends that make tariffs illegal to impose but the US is apparently lawless now and previous trade agreements are now void. Even agreements that Trump himself signed in his first term he is in violation of now. Everyone is looking for alternative trading partners now that the US is happy to breach the trade agreements they signed with no warning.
How is debt even real?Just shoot the guy you owe, then you owe nothing. Lol
>>542317606American government debt is mostly held by Americans. International US debt holders are fire sale-ing it right now, because they presume Trump is going to renege on it and it will end up worthless. The two largest holders of US debt are China and Japan, both countries Trump regularly takes dumps on
>>542317603Sovereign immunity means that nothing is illegal between nations as long as you abrogate the treaty before violating it.
>>542313719Not until a Democrat is back in office, then the Republicans will scream and yell and flail their arms for a 'debt ceiling' debate. Then when a Republican is back they'll balloon the debt 100x more than Democrats as usual.
>>542317584and whats the incentive to adopt when the entire world is now isolating and shielding FROM the us not looking to deeper entrench its economies into a sinking ship, oh thats right you just threatened to war the entire world, no shortages of munitions im not going to even bother because we both know you're a fucking liar and a retard, the us doesn't have the manpower or the ability to subjugate the entire world and hold it hostage with crypto scam where its going to be at the whimiscal discretion of people who routinely bet on polymarket their isn't a single leader anywhere thats going to take that offer you fucking idiot.
>>542317603>you have no right to tax our goodsyeah fuck off
No. It's a buy in for American innovation, prosperity and doing business with us. Unless you are pathetically small minded you don't use your own money to do things. Other nations are smart enough to buy into America because dollar bills matter across the globe. If you notice, we don't use this for nice bridges and stuff for regular people. We use it back across the globe. It keeps flowing. It will always flow. Because we are worth floating money to. Paying it all off is the end of global prosperity. It will never be balanced because that is shit economics. Generationally ignorant people that think fifty thousand one dollar bills is life changing look at this and say oh my gosh we will never pay this off and there should be political outrage are chronically ignorant for a reason.
>>542317695The world governments are trying to ditch the treasuries, no doubt. That is why the stablecoins are necessary. We need to get the average citizens of the world hooked on our debt. And their incentive to do so is the same incentive that made us the reserve currency. We are willing to kill to preserve the value and liquidity of the currency. Why are you so angry? I’m not making value statements about what is happening. I’m not saying it is good or bad. I’m just telling you what is happening. You can choose to not believe me but your emotions are feminine and cringe.
>>542317651>American government debt is mostly held by AmericansNot me, therefor not my problem.
>>542317584you think people don't know hegseth and everyone in dc bets on polymarket and insider trades on the open markets daily? you think world leaders don't see those scams taking place in real time and are going to line up around the block to adopt an obvious scam by the US GOVERNMENT OF ALL THINGS? you're actually delusional.
>>542314384What like Warren Buffet for example? Lol
>>542317835because decisions people make that you are suggesting here are going to collapse our country "why am i angry" because im talking to people with a grade school understanding of economics and im getting really frustrated by how poorly educated you people are.
>>542317668The US has not actually withdrawn from any of the trade treaties, they are just violating the terms and daring any of the counterparty nations to enforce the terms. No nation can unilaterally withdraw from a treaty anyway, there are exit clauses, notice periods. None of that has been adhered to because Trump's US is quasi-lawless.
>>542313719Yes, and it's going to start to matter a lot more now that the rest of the world hates our guts and want us to fail.
>>542313719It was 20 gorillion only a decade ago. What the hell happened?
>>542313719yeahbigger number means food more expensive
>>542317989We kept cutting rich people's taxes/giving them loopholes, and spending more on the military and old people.
>>542317835i want you to do a private sit down with an econ professor and have a deep dive conversation no cameras no interviews just a private sitdown so you can get properly briefed on what you are talking about, then come back.
>>542317989Trump has increased the debt $11tn during the 6 years he has been in power. 1 in 4 dollars in the debt was accumulated under Trump.
>>542317603Ok, bye. Embargo us while you are at it. Cut off 100% of trade with us and close our embassy.
>>542313719Eventually it leaves the US government with only a handful of options, not there yet, but much closer than it should be. If it was growing inline with the economy and government revenues it wouldn't be a big deal, but it's way outpacing it.>Option 1 - inflationif the dollar isn't worth shit then your old debt isn't worth shit either. Downside is that everybody's savings also become worthless, borrowing becomes more expensive, and everybody's poor now.>Option 2 - austeritycutting spending to pay down the debt means cutting services, and cutting funding for things like infrastructure. >Option 3 - major tax increasesif the government isn't cutting spending to pay down the debt, then they need to get the extra money from somewhere, they're gonna get it from you.>Option 4 - defaultsaying "fuck you, I ain't paying that shit" only works once.
It doesnt. The US government is paying 18.5% of its revenue as interests. In 1991 it was 18.4%, the previous highest number. Which means interest payments hasnt affected or changed significantly in more than three decades.
>>542313719No, and I'll tell you why.Not becasue it shouldn't; debt is a nightmare timebomb.Not becasue it doesn't - other nations have debt that have fucked them into the dirt.But becasue the US **IS** special.Becasue no matter what people want to say about the US, its economy isn't stable in spite of itself. It isn't stable becasue it's secretly backed by gold despite being fiat. It isn't stable BECAUSE it's fiat even. It isn't stable becasue of the quasi-religious faith in the american economy.It's becasue the **TRUE** value of the American economy is, always has been, and always will be, backed by ICBMs and Aircraft carriers.And even if the american economy crashes in real terms, unless we get a TFR-style civil war, we'll STILL be on top as we drag you all down with us because all that firepower is the core motivator keeping the rest of the world in fucking line.
>>542318911It’s as if GDP has only been increased by inflation and debt causes inflation so they are directly linked or something.
>>542313719Yes, because we have to pay interest year after year, which now costs more than our military and is going to spike with bond yields.
>>542313719Yes, this is why a $5 minimum wage is not affordable living. This is why you can't pay for college with a summer job. This is why you can't buy a home by working 40 hours a week at ANY job. This is why everything keeps getting expensive, thats what happens when you debase a currency and America has been adding tin to the silver coins for a long time.
>>542313719It matters because the interest to service that debt is now over 1.1 trillion.https://www.usdebtclock.org/
>>542313719Yes, but it's not important.
>>542313719NoYou can add extra zero's for free.
>>542319228Debt in itself doesnt cause inflation.
>>542313719No because amerigroids don't care about the future of their own. The left are too busy trooning out and worshipping niggers whereas the right are too busy worshipping kikes and jeets (with occasional nigger-worship sometimes)
>>542320302No, but M2 money supply does. We went from $13T to $23T since Trump first took office resulting in the inflation we all know and love. When the government sells treasuries to banks and the Fed, it increases the debt and the M2 supply. So the debt isn’t literally causing the inflation, but the debt is a byproduct of the M2 supply increases which directly cause inflation.
Your intuition is that it doesn't matter... because ppl been crying about it for decades and it goes up and nothing happens. It's a smart intuition. The reality is that it doesn't matter. The biggest treasury in history can't be damaged by a lil debt, as long as it keep paying interest.If the US declines for some other reasons then it becomes a shackle
