Where inflation is a huge contributor in the Euro for the Greeks, and Greece does have the power to print Euros which the EU don't want them to do.

The Greece Economy isn't as growing as expected, and is somewhat even stagnating.

The Greek Debt is not owned in a majority by its people, but of foreign interests. Thus foreign powers get to dictate what they get to do with their credit to Greece.

"red pills" discredits everything you said lol

Debt IS a bad thing. You see, you have to pay interest on that debt and when the debt goes up, so do interests. Iirc, in 2019 US will be paying like half a trillion for servicing debt. (Debt servicing= interest payments)

The problem with US debt is, that its running out of places to borrow from. Foreign nations are cutting their debt acquirements, so do biggest shareholders of US debt rn.

Federal reserve is currently the only place to borrow from

Thats the current public debt

But the real trojan horse is in future liabilities

Possibly hundreds of trillions

Lowest estinates go as high as 80 trillion

Yes that's the real debt problem

Unfunded Liabilities

But U.S. Debt based on other spending?

🤷

by other spending you mean....?

Anything not an unfunded liability

For example some military emergency spending

Suddenly needs $10 millions in for a project

Np

Those wi get paid by next year

But liabilities? Hardly

Those debt are a per-year basis

in conclusion= the state is already bankrupt

what could possibly extend its life: for the next 4-5 years not increasing the current spending which would result in smaller deficit

Or

Better idea

We coup the U.S. government

And the new government void all old government debt

You don't know how debt works. Even though you posted a direct image of it, and I'm astounded by this, you somehow manage to state the case completely wrong. The debts are owed to the government _to itself_, primarily. We're not "running out of places to borrow from", and we own more debts than we owe. Here's a simple article evaluating this fearmongering: https://www.titlemax.com/discovery-center/money-finance/debts-owed-by-the-us-and-owed-to-the-us/ and here's an explanation of how international debt works: https://www.quora.com/What-countries-owe-the-U-S-money

In some cases these are bonds, in other cases investments, loans, but primarily things like bonds.

There is no "running out of debt". If things were to absolutely collapse the remaining exchanges would tend to equal near zero, and the USA is hardly left holding the bag. The only time this reaches a crisis point is when the economic activity of a nation results such that bonds, and the like, end up with no or _negative_ return.

And this is generally how the fear mongering works: You only ever see "How much debt the US has", you never see "How much is owed to the US"

The only other way to explain it is in this manner: What you are effectively doing is taking somebody's investment, producing things with it, and giving them a fraction of it in return. Debts are naturally going to rise, from foreign and local government, simply as a product of a variety of forms of these kinds of investments. Such as in the case of bonds.

The only real "crisis" would be a default, wherein maturities would not be paid, and that's nowhere near forthcoming without a major economic catastrophe.

Hence that's why it's the real problem

Unfunded Liability sir

It's when you dont wanna pay your debt to your own citizens

but you'll find a way somehow

It's a problem when it happens no matter the scenario. It's literally definitional. "If it fails then it fails".

GG @Wojak, you just advanced to level 1!