You serious that our debt is 56 trillion? b cuz i research heavily on the net and it said our debt was 6 trillion, 7 trillion, 600 billion, 800 billion, 1 trillion...can't find the real figure..can u send me a link plz? thx!
I guess Bill Clinton is a Republican now (according to this story). The debt tripled from 2 trillion to 6 trillion during that Democrat's time in office.
this says it all "It seems history has presented this crisis in a new light. Ever since the end of WW2, national debt decreased with every Democratic administration. After the presidency of Ronald Reagan, every Republican term has seen a steep rise in debt." Fiscal Conservatives my arse!
I understand it know. It must be the only way. There is no way they dont know how these ballaout packages and stuff is going to result in more inflation.
So, their plan must be to inflate like hell so in a few years 10 trillion dollars will be NOTHING :) Pretty smart borrowing that kind of money today, spending it and then pay the same amount back later when you earn $1000 an hour because of inflation :)
I haven't used credit cards, loans or any other money lending in about 9 years now.
I can tell you I feel free and in control of my future.
Sure, I may not buy a new car every year or live in a huge mansion with a huge mortgage. But I am indeed comfortable and have every "toy" that I want.
It can be done.
I recommend paying off all debts, buy a safe that can be bolted down and start buying silver and gold(not coins!) and buy a few firearms with plenty of ammo.
You better pray (as I do) that this country (USA) does not go out of control. If this nation comes apart, it could make the Russian 1917 revolution look like a Sunday picnic. There is A LOT OF PENT UP RAGE in the USA now, and God help those who pulled us down to this--if the center does not hold!
Im not much of a praying man anymore. I dont think god (if there is one) intervenes during history. I believe we were put here to learn from our mistakes, even if mankind repeats them.
But your right, if this country collapses it will be a living hell.
Thankfully I have out preparations into a large lot of secluded land , food water and military firearm ready to go.
I uege everyone to do the same if they can. And more importantly learn tactics.
@ShaunHawksworth 3/4 of american's debt are to China,. No matter what they do, they will not be able to pay that money back to us.
StreethingX 10 months ago
And in a few years they'll be ending dollar dealings for oil, moving instead to Euro's.
Also with the decline of american economic power and their global recession they are going to be fucked.
ShaunHawksworth 2 years ago
Could USA declare personal bankruptcy ?
May be we should mine gold on Mars !
Could we see how much undeclared liquid assets r hoarded in Swiss banks ?
You all saying emperor has no clothes; I m saying there is no emperor, its all illusion !
Zeno1999 2 years ago
The real U.S. debt is $56 trillion. That's what they don't want people to know. Look it up.
WorshipMeIAmGod 2 years ago
You serious that our debt is 56 trillion? b cuz i research heavily on the net and it said our debt was 6 trillion, 7 trillion, 600 billion, 800 billion, 1 trillion...can't find the real figure..can u send me a link plz? thx!
MasterChief22530 2 years ago
most them are owned by China. :D
huayunbaidu 3 years ago
I guess Bill Clinton is a Republican now (according to this story). The debt tripled from 2 trillion to 6 trillion during that Democrat's time in office.
DimensionXContinuum 3 years ago
haha!
kieronj 3 years ago
total debts in all of America tops 200 trillion
its a basket case !
the laughing stock of the world
Sad story of very very bad leadership since Johnson
dave777blaster 3 years ago
wow america is screwed... who's handling the finances? oh yeah george bush
switch345 3 years ago
this says it all "It seems history has presented this crisis in a new light. Ever since the end of WW2, national debt decreased with every Democratic administration. After the presidency of Ronald Reagan, every Republican term has seen a steep rise in debt." Fiscal Conservatives my arse!
Idtelos 3 years ago
Well, this program lies. The debt decreased (compared to GDP) under Eisenhower (R) and Nixon (R).
CrackerXZ 3 years ago
The Roman Empire is self-imploding. It is falling.
Idtelos 3 years ago
I understand it know. It must be the only way. There is no way they dont know how these ballaout packages and stuff is going to result in more inflation.
So, their plan must be to inflate like hell so in a few years 10 trillion dollars will be NOTHING :) Pretty smart borrowing that kind of money today, spending it and then pay the same amount back later when you earn $1000 an hour because of inflation :)
fergus247 3 years ago
Comrade, could you spare a dime?
moderndarkage 3 years ago
Typo in title. I think you mean "American Debt Running Loose".
toosinbeymen 3 years ago
Right you are, doh.
jakoxn 3 years ago
I haven't used credit cards, loans or any other money lending in about 9 years now.
I can tell you I feel free and in control of my future.
Sure, I may not buy a new car every year or live in a huge mansion with a huge mortgage. But I am indeed comfortable and have every "toy" that I want.
It can be done.
I recommend paying off all debts, buy a safe that can be bolted down and start buying silver and gold(not coins!) and buy a few firearms with plenty of ammo.
We may be on a road to total chaos.
KineticRic 3 years ago
KineticRic,
You better pray (as I do) that this country (USA) does not go out of control. If this nation comes apart, it could make the Russian 1917 revolution look like a Sunday picnic. There is A LOT OF PENT UP RAGE in the USA now, and God help those who pulled us down to this--if the center does not hold!
bboucharde 3 years ago
Im not much of a praying man anymore. I dont think god (if there is one) intervenes during history. I believe we were put here to learn from our mistakes, even if mankind repeats them.
But your right, if this country collapses it will be a living hell.
Thankfully I have out preparations into a large lot of secluded land , food water and military firearm ready to go.
I uege everyone to do the same if they can. And more importantly learn tactics.
KineticRic 3 years ago