This is basic historical Information

see

You make an assertion like the US is a Crown Colony and you want me to do your fucking legwork during my workday?

I'm sitting here with the national debt chart

and it goes down from 1914-1918

considerably

<:bruh:758871794903154759>

https://www.cbo.gov/publication/21728

Why are you on the national debt chart? Go to a historical overview of ww1

>historical overview of the conflict where the US made absurd amounts of profits by taking other nation's hard currencies to supply them with military goods they couldn't afford otherwise, fueling our own economic boom and eventual rearmament

<:bruh:758871794903154759>

bruh

Each of these fantabulous claims are being real-time debunked. DC wasn't formed in 1871, the Organic Act of 1871 dissolved Georgetown and Washington, DC into just DC. And it is 6 pages long and I was reading it to find mentions of us turning into a Federal Corporation owned by Queen Victoria, but no such luck.

our surplus v deficit ratio per year preceding WW1 was 36:11

paying off the civil war debt

"the queen told our president to get in the war or else" There was no queen, it was a King.

If you want to complain about debt spending then look at Truman or something, dude

or cite your fucking sources

"literally go to literally wikiipedia and literally read the mainstream history about why we ented WW1" OK https://en.wikipedia.org/wiki/American_entry_into_World_War_I

Mind you a huge amount of debt for the federal government, something like 70% of it created during WW1, was to the US public via the sale of Liberty Bonds and other temporary financial products

not to foreign powers

No mention of the queen rooking Woodrow Wilson, or the KING giving us money we needed so badly.

~$17bn in liberty bonds raised

I love conpsiracy theories, LOVE THEM, but you gotta give me something more than 'bruh everyone knows it'

Everybody knows Richard Gere shoved a gerbil up his ass too, but nobody has pics, so shens.

JP Morgan and the other financial magnates of the US also made it fucking huge, AGAIN, off of financing loans to the UK & France prior to the US entry into WWI

complain all you want about international handrubbing and finance, bruh, but you're about 50 years too early to complain about debt products being owned by foreign governments at this point

also, that social security act agreement you posted?

But, and this is a big thing, 99.9% of people don't understand what happened during and after WW2 wrt global finance. Bretton Woods and the follow-ups are predicated on the US being a debtor nation because it is the finance vehicle for everyone else. And most are like WTF we owe everyone money, well, technically, but they have to hold US dollars to do international business, and each of our dollars is a bit of debt, yes. US Dollar replaced the pound. It is why China 'owns' so much of our debt, it is because China does fuck tons of business, and does it in US Dollars.

Literally just a fucking agreement saying that the US & UK (plus territories) have a joint social security act/administration

so you won't get fucked for moving inbetween them for business/temporary living purposes

https://www.ssa.gov/pubs/EN-05-10199.pdf

@T E M P L O I T E R And if they ever actually call upon those treasuries to be paid - either the globally economy has completely collapsed or *that act will cause the economy to crash*

fun times being the world's reserve currency

China might unload more US treasury products, mind you, they already started a while ago

I remember in the 80s it was Japan, we're turning Japanese, etc, and the movie Gung-Ho, the Japanese owned so much of our debt for the same reason. In the 70s it was the Arabs, but that was the same reason, have to buy and sell oil in US Dollars.

they might try to become the world's reserve currency

we'll see how it goes

I'm assuming their aging crisis will cripple them

Who China?

I can see China being admonished pretty badly for their African colonialism this decade or next