Glenn Beck's Real story - US technically bankrupt

[ola6861]

ohhh america just like andromeda

[ukusapillage]

tye debt of the usa is over 100% gdp, this is called insolvency, the only difference is that greece cant print their way out of debt, its only the central bank of europe that can print the money they dont want exacly for the same reason usa shouldnt, inflation in the eurozone germans dont want to be robbed because of debtor countrys, if any country inside the same currency could print what they wanted europe was in hiperinflation the diff is that usa sends their infl out to europe etc

[endtyrany]

Everyone is so sure that the US wont fail but what if that were the whole plan to begin with? If you look at the way we are governed i believe it's pretty obvious. We are being destroyed not because we owe but because we consume so much and

we as consumers are no longer needed for the elitist allready have most of our

money. Wake up America we are no longer viable consumers and our role has

now become obsolete. Hence an end to our Way of life. We will be just like any other banana republic!

[BillHicks420]

The Social Security system might fail, not US as a country.

the collected debt is LESS as a % of GDP than both Japan and Germany. Debt and deficit needs to be compared to GDP for it to mean anything

[druide106]

@BillHicks420 tahts false, its the social security system? whats with all the wars? USA have the biggest army in the world (for what?) the whole US economy is ill, made in USA? a big dream....

USA have a real dept of more than 600% of GDP..... most US americans hav 12 credit cars, have no idea to handle cash money, look around you.

Germany have a lot of dept too, but compate ro the USA its a joke bud!!

[BillHicks420]

@druide106 I never said the US economy wasn't in a bad state, I'm saying it is in less trouble than you think.

HAHA 600% of GDP? Where in the world do you get your "facts" man? Well the total is about 95%, but I was talking yearly, not accumulated.

"MOST" (US LOL) Americans?? REALLY? MOST Americans have 12 credit cards? That's a bold claim. Nor does it matter for the national economy.

And it's called "debt" not "dept"

[endtyrany]

@BillHicks420 If you want to look at a nations health you need to look at exports as a percent of GDP and ours is about 7 cents for every dollar of GDP. In other words the US imports mostly debt. Which in my book is a very unhealthy indicator of our nations health. As long as we don't produce anything but wars, debt. and lies we will continue to weaken ourselves. Wake up cause things are not as stable as you believe. God help us for the world will come to hate us and turn against us!

[BillHicks420]

@endtyrany There are several indicators of a country's health, and economic health. I agree with you, things are not looking to bright now. That was not the original point I was arguing though... Oh, God wont help you :)

[vanmaarwijk]

i just dont get it, too complicated.. i guess only the americans who did all this understands it

[aviomaster]

USA goverment spreading New World Disorder .

CCCP  fall ,,, now it is time on USA empire to fall ...

STOP spreading NEw World Disorder

[illuminaz1]

let the us fall. what good have they ever done. they are ignorant, arogant and impose there will on others. fuck the usa

[tickyul]

Yep, this is a crumbling nation, it will just get worse and worse. The people have decided that it is best to prop up this crumbling system instead of making the needed changes that may be painful in the present but lifesaving for the future. And the ripoff Demorats and Republirats mainly care about staying in power and establishing their ideology....no matter how toxic it is. Stock up on guns, ammo and canned food.

[1929spectre]

Assignats were paper money issued by the National Assembly in France during the French Revolution. The assignats were issued after the confiscation of church properties in 1790 because the government was bankrupt. The government thought that the financial problems could be solved by printing certificates representing the value of church properties. These church lands became known as biens nationaux. Assignats were used to successfully retire a significant portion of the national debt .

[markfriesen1979]

hitler went to war when thier country was broke/

Alexander conquered the world for wealth.

Napolyon conquered due to a failing economic system.

[wtf12321]

the economy was meant to fall.

look at how simple it is

you produce money, the value goes down

increasing costs without increasing wage leads to more money into companies and less into the handle of people

this means we were meant to be poor and that our economy was designed to fall

its preschool

[hardstyle905]

@wtf12321 those bankers and politican puppets need to be sent to prison immediately. i dont owe nobody shit, its those fucking criminals.

[sharkloaner]

This is funny. The american pigs living hand to mouth! hahahahaaa

[imnos482]

This is not a good thing. The American pigs tend to BOMB people when they run out of money.

[Makingnewnamesisdumb]

@imnos482 Nah, we bomb people either way.

[sirnicholson]

buuuuullshit everytime i click on the persons channel that put these vids out its someone from another planet.jump on the happy wagon we"re all in for a treat

[danoking69]

Standing for truth, peace, health, love, technology and protecting life. We must come together, Unite and save this planet.

[georgiahuff]

And this idiot, Glenn Back, didn't say jack squat as Bush and his cronies... Bush 1, Reagan, ruined this nation with the debt their administrations caused. The Republicans have ruined the US...Please don't bother telling me about Democratic Congresses, Bush 1 and Reagan had veto power, the budgets that got were the budgets they wanted... last two balanced budgets? Clinton, and Carter...

[killyertv0]

The US has been bankrupt 3 times since it's existence.

The current bankruptcy is in receivership to the UN.

People think there is some sort of 'fix' to this PLANNED situation. There is not - unless you are OK with enslavement.

Peace

[myso2008]

haha so true

" The US has been bankrupt 3 times since it's existence.

The current bankruptcy is in receivership to the UN. "

lol sorry but i think you mean in receivership to china and major other banking corporations that buy American debt

[QuArTzEcOaL]

How bout we switch back onto the gold standard (DAMN YOU NIXXON), so we won't be in so much debt?

[CristanMeijer]

I'm afraid that won't do any good. If your goverment spends more than it receives, it doesn't really matter whether that's in dollars, ounces of gold or cacao beans, a 70% GDP debt is a 70% GDP debt, no matter how you put it.

[Decebal825]

too easy to fix just print the money out of thin air.

[mattyr2k8]

if the US printed off money for all their debt, the dollar would be worth less than the paper its printed on =P.

(it really would de value it though)

[bobo0049]

yeah ... Nixon is the criminal here. He removed the dollars from the gold. Before the value of the dollar was fixed to the value of gold. But this way nobody could make a fortune by speculating against the dollars in Wall Street.

Try listen to Ron Paul!

[andreszuniga88]

Nixon had to take the dollar off of the gold standard there wasn't enough gold in Fort Knox to back up the money supply that was already in circulation... In conclusion we had to go into a total fiat monetary system if we wanted to continue to print money...