the debt i owe is because of me...to solve this, I will make payments on my debt, and not spend more money than I make, simple as that...banks have the right to charge interest.
Yes but the point of this is not the debt from an individual such as yourself, but the countries debt, since it gets it's money from the fed in the first place, in order to pay the interest owed, it must borrow more money, therefore creating more debt, that is why as we speak, the united states is spiraling into even more debt, and it will keep building up. This is about the governments debt, not society's. Because the money you owe to the bank, is money they owe to the fed.
But if America can get control of themselves and pay off their debt, then the country would be able to pay off their debt. A huge problem with our debt problem is our banking system, but just as big a problem is Americans spending more money than they make.
Does anyone honestly believe..... better yet have,understand or support any economic EVIDENCE that America's debt can be paid off? Lets say for the sake of argument our debt is paid off....then what. No more financial crisis? Banks will become responsible "again"?
The debt you and all of us owe is to the banks that created the problems and the solutions. You= your gov borrowed the money from the private central banks, who own the corporations that you can buy your so called solutions from. This is not about your tiny little overdraft.
This has been flagged as spam show
They just want more money.
skiv200 1 year ago
WTF!!!!!
1CME90 2 years ago
Central Banks like the Federal Reserve charge interest for every dollar printed by the U.S. Mint. Nowadays they just input zeros.
wikedmx 2 years ago
its not a secret its just something were not thinking about.
Bojannnnn 2 years ago 9
the debt i owe is because of me...to solve this, I will make payments on my debt, and not spend more money than I make, simple as that...banks have the right to charge interest.
purplejesus0008 2 years ago
Yes but the point of this is not the debt from an individual such as yourself, but the countries debt, since it gets it's money from the fed in the first place, in order to pay the interest owed, it must borrow more money, therefore creating more debt, that is why as we speak, the united states is spiraling into even more debt, and it will keep building up. This is about the governments debt, not society's. Because the money you owe to the bank, is money they owe to the fed.
chrisflvs442 2 years ago 6
But if America can get control of themselves and pay off their debt, then the country would be able to pay off their debt. A huge problem with our debt problem is our banking system, but just as big a problem is Americans spending more money than they make.
purplejesus0008 2 years ago
Does anyone honestly believe..... better yet have,understand or support any economic EVIDENCE that America's debt can be paid off? Lets say for the sake of argument our debt is paid off....then what. No more financial crisis? Banks will become responsible "again"?
Wake up homies.
VallaeBoy 2 years ago 8
Who says the government wants to get out of debt?
pimpstar232 2 years ago
The debt you and all of us owe is to the banks that created the problems and the solutions. You= your gov borrowed the money from the private central banks, who own the corporations that you can buy your so called solutions from. This is not about your tiny little overdraft.
TheMrHand 2 years ago
if this is so secretly how do they know this
vatoillegal 3 years ago