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National debt going insane all over the world
Posted on 12/5/18 at 8:22 pm
Posted on 12/5/18 at 8:22 pm
If the debt is up every where, then which countries are the beneficiaries of it? I am just unsure how this works. I mean, if it is doomsday, then why wouldn't it be a united front by all parties to stop it?
14
Posted on 12/5/18 at 8:24 pm to rpg37
The majority of our (US) debt is owed to ourselves.
Posted on 12/5/18 at 8:27 pm to rpg37
You're confusing debt and deficit. Debt, at the core, isn't necessarily a bad thing.
Posted on 12/5/18 at 8:28 pm to rpg37
China hold most of our debt.
Posted on 12/5/18 at 8:32 pm to rpg37
its just so insanely stupid because everyone owes everyone else so just get a pencil and paper and start scratching off debt for debt and balance what can be balanced. instead they rather stay in debt even when they could be debt free because they use debt as a form of currency for political gains
Posted on 12/5/18 at 8:34 pm to rpg37
SS is holding a bunch of IOUs from the federal Gov’t...
Posted on 12/5/18 at 8:35 pm to rpg37
As usual, banks are the benficiaries.
Posted on 12/5/18 at 8:37 pm to rpg37
Beside 21T in debt. US has over 130T in UFUNDED liability. So does debt matter?
Posted on 12/5/18 at 8:54 pm to rpg37
Posted on 12/5/18 at 9:24 pm to rpg37
quote:
I am just unsure how this works.
Read up on The Creature of Jekyll Island
Posted on 12/5/18 at 9:27 pm to rpg37
The whole world plays by the same parlor game. The world economy is just a legalized casino. The West (The US) holds the trump card (no pun intended) of the petrodollar. Other nations just dance to the tune. All benefiting the financial elite at the top of the casino pyramid. Or something to that effect.
Posted on 12/5/18 at 9:50 pm to rpg37
The beneficiaries are mostly private individuals who purchase debt through bonds.
Big banks like JP Morgan Chase and the Rothschilds are the biggest winners.
Big banks like JP Morgan Chase and the Rothschilds are the biggest winners.
Posted on 12/5/18 at 10:41 pm to rpg37
fricking Rothschilds.
Posted on 12/6/18 at 3:40 am to rpg37
Posted on 12/6/18 at 11:46 pm to rpg37
It’s not tangible. It’s arbitrary but in its simplicity the government has continually spent more then its revenue by borrowing from other nations. They in turn do the same by leveraging debt.
The benefactor of all this is a private investor, lobbyist, manufacturer.
Ie - does the government not own GM now after the bailout?
And even if they did can they seize the asset and have it be of any value?
It’s a huge bubble that tends to lead to ginormous wars and resets.
The benefactor of all this is a private investor, lobbyist, manufacturer.
Ie - does the government not own GM now after the bailout?
And even if they did can they seize the asset and have it be of any value?
It’s a huge bubble that tends to lead to ginormous wars and resets.
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