What does this mean? Is the economy about to be like the great depression? I don’t understand.
Worse. Much worse.
>>542852947But worse how?
That's not how it works. The US pays about $1T p/a in interest. Current rates apply to new debt, the speed of whose issuance is to be determined by politics.
>>542853077So the main issue then is the US being able to take out new debt not them being able to service their existing debt?
>>542853077>The US pays about $1T p/a in interest. For now.>Current rates apply to new debt, the speed of whose issuance is to be determined by politics.Does it look like the senile retards are about to slow down? They were dumb enough to attack Iran and now they’re offering free money for votes.
>>542854248So where do you see it all heading?
(((INTEREST)))) and what if we decide to just not pay it? then what?
>>542853005kikes getting gassed bad, also every other subhuman race is going to starve out plus blue haired people have to go do real work or die
>>542853077old debt finance is constantly being renewed. evenry month 3 year, 5 year, 10 year, 30 year bonds are expiring and new bonds being sold to cover having to pay that back. same in the UK. no debt disappears. the N billion quid of 10 year bonds sold in september 2016 expire but this month the government will take another N billion at todays rate to pay back the billion it borrowed in 2016.
>>542853005A big black guy will be cumming inside your asshole.
>>542855377mutt’s law
>>542854412$2000 Big Macs
