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Do you believe US debt will eventually destroy the country?
Posted on 2/14/19 at 5:06 pm
Posted on 2/14/19 at 5:06 pm
Just for reference here’s a couple of charts to get a little perspective on the challenge that lies ahead.
We all know as individuals we couldn’t pile up debt, knowing it will never be paid back. We know the creditors will eventually call demanding their money... so why do we believe as a country we can do just that?
The quick answer will be “you’re not the government “ but what’s the real answer? Don’t use the go to answer that the US military ensures government credit is good. Lol!
We all know as individuals we couldn’t pile up debt, knowing it will never be paid back. We know the creditors will eventually call demanding their money... so why do we believe as a country we can do just that?
The quick answer will be “you’re not the government “ but what’s the real answer? Don’t use the go to answer that the US military ensures government credit is good. Lol!
29
Posted on 2/14/19 at 5:07 pm to Bass Tiger
No. Democrat control will destroy this country
Posted on 2/14/19 at 5:07 pm to Bass Tiger
No, the unfettered immigration will
An unbeatable majority will vote themselves other people's money into oblivion.
not like we don't have enough moochers here already
An unbeatable majority will vote themselves other people's money into oblivion.
not like we don't have enough moochers here already
Posted on 2/14/19 at 5:08 pm to Bass Tiger
We really stopped giving a frick after 9-11
Posted on 2/14/19 at 5:10 pm to Bass Tiger
I believe it could if we don't do something about it. I think the debt is more of a problem than immigration.
Posted on 2/14/19 at 5:13 pm to Bass Tiger
No, I think global debt will be the problem first and we'll be better off than almost all other countries when that time comes as long as we don't do something like the GND.
Posted on 2/14/19 at 5:18 pm to Bass Tiger
Yes
Posted on 2/14/19 at 5:19 pm to Bass Tiger
“When you owe the bank a little bit of money, the bank owns you. When you owe the bank a lot of money, you own the bank.”
Posted on 2/14/19 at 5:19 pm to Bass Tiger
Nah. Hasn't destroyed Japan yet and theirs is twice what ours is as % of gdp
Posted on 2/14/19 at 5:21 pm to Bass Tiger
The government has been trying to figure out a way to decrease the population for decades. This is one way to do it. When the debt gets too high we will have another depression and the large percentage of people who depend on government to live will kill each other, starve, or get killed by trying to steal from those who know how to fend for themselves. It would be a major population purge for sure.
Posted on 2/14/19 at 5:22 pm to Bass Tiger
quote:
Do you believe US debt will eventually destroy the country?
No if our military remains the strongest in the world, we remain the largest and safest (need that combo) nation in the world to invest and the trend in your second chart continues.
Posted on 2/14/19 at 5:32 pm to Bass Tiger
quote:
Do you believe US debt will eventually destroy the country?
Well, that was Obamas plan when he doubled 230+ years of debt in 8 years.
That was also Osamas plan when he stated that "We will bankrupt you trying to defeat us" (paraphrased)
2 peas in a pod.
Posted on 2/15/19 at 7:06 am to Bass Tiger
Better question is how did Obama double the debt during his admin and still hold the economy down to stagnation levels. That's a trick, accumulate the same debt as all previous presidents combined yet mange to screw up the economic activity. Damn guy is a genius.
Posted on 2/15/19 at 7:59 am to Bass Tiger
So you're telling me Obama doubled our national debt while he was in office, yet somehow this skyrocketing debt is Trump's fault?
Posted on 2/15/19 at 8:03 am to Bass Tiger
I think an EMP bomb attack will get us first.
Posted on 2/15/19 at 8:09 am to Bass Tiger
quote:Yep. Unfortunately, it's too late to do anything about it. Voters are hooked on entitlements as a substitute for personal responsibility. And the hole is so deep that any significant debt reduction would require a HUGE tax increase on the "middle class" AND ending entitlements. Good luck electing a majority in Congress to do that.
Do you believe US debt will eventually destroy the country?
Posted on 2/15/19 at 8:13 am to Bass Tiger
GWB fricked us a little. The person who really really fricked us was Obama. He spent more then any President in History by almost 4x adjusted for inflation. Anyone who wants to lay blame for our debt crisis needs to lay it at the feet of Obama.
Posted on 2/15/19 at 8:33 am to Bass Tiger
Another country will have to forcibly call their debt.
If people won't trade with us, we flex on them with Air Power.
If people won't trade with us, we flex on them with Air Power.
Posted on 2/15/19 at 8:34 am to Bass Tiger
Now. We will inflate our way out of it because politicians have zero accountability. It will be painful, but it won't destroy us.
Posted on 2/15/19 at 9:13 am to Bass Tiger
No.
Unregulated immigration and Identity politics will SLOWLY destroy this country
As more and more immigrants, that don't assimilate to American values, enter our political system and slowly tear apart it's core values.
People who have wanted to destroy this country have tried multiple ways with Terrorism and war, but have failed.
The next move (current), will be to become citizens and infiltrate the political system.
Destroy it from the inside out.
Trojan Horse / Sal Alinsky approach
Unregulated immigration and Identity politics will SLOWLY destroy this country
As more and more immigrants, that don't assimilate to American values, enter our political system and slowly tear apart it's core values.
People who have wanted to destroy this country have tried multiple ways with Terrorism and war, but have failed.
The next move (current), will be to become citizens and infiltrate the political system.
Destroy it from the inside out.
Trojan Horse / Sal Alinsky approach
This post was edited on 2/15/19 at 9:25 am
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