anyway like i said. the debt isnt just some fake nothing. that money has to be paid for. and other countries who have stakes in the us dollar will just drop it. and it will become worthless.

many countrys base the value of their currency off the us dollar which is what gives the us dollar so much value

felt like i walked into economics101 lmao

im no expert. but i read up on all this shit

its part of my lifes purpose

to be knowledgable and strong

What your not getting is that when you own your own debt, it doesnt matter - it can impact other things sure.

we dont own our own debt. china has bought a tremendous amount of the us debt. in addition the fed is the one thats printing insane amounts of money to pay for free shit. which is why the us dollar has lost **90%** of its value in the last like 100 years

China owns 10%

the debt on its own isnt insane. but the printing of money with no breaks is what has killed the us economy in terms of longevity

yes. and the us dollar is becoming very quickly worthless

how arre we gonna pay for it if china wont accept the worthless hyper inflated us dollar? especiallly when the us is taking on MORE debt and printing more money instead of paying china back

nobody will be able to afford anything anyway. look at post wwI germany to see where this leads

also i thought it was more than 10% currently.

meh im out of date. or innacurate 🤷 doesnt effect my point

Do you think that it's too far gone right now or that that's where it's heading

Because I think sure that's where it ends but if you cut spending and maintain tax to pay debt

It's salvageable currently

21 trillion cannot and will not be paid back

I don't think so

It's fake debt owned to us by us

The fed debt that is

Which I would agree you can't pay back but you don't have to

Says the federal reserve act passed in 1913

Says who

The government could just nope it

yea and every country with stakes in the us dollar will pull the fuck outta that

because they will have proven themselves completely potatoed as a government and untrustworthy of financial investment or partnership

theres no easy way outta this

There's a reason calling it a plantation feels so right, it's cause it is one

like i said earlier. germany did pretty much the same thing. and eventually you needed whellbarrows of money to buy a loaf of bread, nobody worked, and every other country had no interest in financial partnerships with germany. it was a shitshow

@shadowlessnexus fact

and hiding the state of affairs with the puppet news media doesnt change anything

That's how they ended up with Hitler he saved them from the financial crisis

The only thing backing the dollar is military power. China would be more aggressive with collecting debt if they could crush usa easily.

Shadow isnt wrong though, I agree. What we should be doing is cutting spending and that spending needs to be cut from the social welfare programs

If China decides to collect and we say fuck off - its war.

Indeed

I gauruntee it.

one moment we debating us national debt and finances. the next its everyone calling eachother gay af

Urite