[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 495 KB, 1305x1265, 1455274190775.jpg [View same] [iqdb] [saucenao] [google]
14284941 No.14284941 [Reply] [Original]

Is it possible for the United States to ever reduce the national debt of 22.4 trillion dollars? What will happen to the economy if the debt is left to just grow?

>> No.14284964

>>14284941
it's not necessary for the US to do so, and it never will. this is fine if you're American.

>> No.14284979

>>14284941
War with China is coming.

>> No.14284983

>>14284941
At this point, no. It's going to keep going like this until the whole thing collapses. It's already happening under everyone's noses, but nobody seems to believe it or care. Crypto is unironically going to save the financial system, but not without tons of people getting rekt first.

>> No.14285005

>>14284941
The only possible way to "reduce" government debt is through inflating the currency. This is explicit government policy
There is the hope that it will be done in a manageable and controlled way, keeping total debt below a certain percentage of GDP, but it quite literally cannot ever be paid back.
The only wild card in all this is that deflation seems to be rearing its head from time to time.

>> No.14285008

>>14284941
It's a debt based system. It's not supposed to ever be paid back. The ability to service the debt (ability to pay interest when it is due) is the only thing that matters.

>> No.14285010

>>14284979
not just china. ww3 is coming. very soon. except the burgers of today are the germans of the last one.

>> No.14285017

>>14284941
>what will happen
Citizens become similar to thier government, drowned in debt

>> No.14285030

>>14285010
That made no sense. Israel is our ally and so is britain. That won't change anytime soon. Russia and China are the bad guys.

>> No.14285039

>>14284979
>>14285010
There won't be a war with China relax. Cold War 2 is more likely.

>> No.14285065

(((HISTORY LESSON)))

Inflation makes this possible. This is how the world works. USD inflates at ~3% a year.

Imagine what 1 million dollars was thirty years ago compared to what it is today.

The more they borrow today, the less it costs in the future. Essentially there is no debt, and it's all a big game.

>> No.14285089

>>14285030
Imagine russia and china vs US.

>> No.14285138

>>14284941
debt is never going away.the best you can do is try and keep the interest payments to a manageable level.

>> No.14285145

>>14284964
kek

even though you are posting on a parody account, there are actually people that believe this

>> No.14285167

>>14285008
Except the debt keeps going up and thus our interest keeps going up. This system is fucked up

>> No.14285168

>>14284941
Our economy is debt. Reduce muh national debt is a meme. Not saying it's a good thing. It is what it is.

>> No.14285195

>>14285010
Large scale conflict benefits nobody in the modern era of nukes and button pressing mutual annihilation. Modern humans also for the most part have no stomach for it anymore. I'm even skeptical that we will touch Iran militarily at all.

>> No.14285198

>>14285089
It will be a very long war. europoors will suffer a lot because they get their energy resources from Russia. Aussies will get btfo too because they're already under invasion. britain and israel are pretty fucking powerful though, so they are good allies. Israel can pretty much dominate the M.E. if they want.

>> No.14285200

>>14285030
imagine calling the chinks the bad guys. the chinks are the jews. cheap and selfish while america is basically germany threatening countries with our large army and nukes

>> No.14285201

>>14284941
It means absolutely nothing. It could be 52 quadrillion and nothing would change.

>> No.14285205

Stop electing republicans who promise austerity and then blow the budget on war and unfunded tax cuts. 20 years now, fucking hell.

>> No.14285217

>>14285200
stfu and go be a nigger somewhere else.

>> No.14285237

>>14285198

Yea in reality basically all of Europe would be pulled in of course because practically everyone is ín nato.

>> No.14285265

>>14285201

anon, if you print money excessively just so you can devalue the bonds you sell, people will stop buying your bonds and you won't have any money to spend -_-. there has to be a calculated and balanced ratio of bond issuance and money supply.

>> No.14285306

>>14284983
fiat will switch to crypto eventually

>> No.14285351

>>14284941
Debt should be as high as possible as long as we can get higher returns from the borrowed money than it costs in interest. Why repay debt with 3% interest, when we can expect 15% roi by investing the borrowed money? USA is the richest, most powerful country in the world. It is literally in its golden age right now. Obviously, nothing is guaranteed, but people hysterically screeching that the entire thing is going to collapse any minute are high school dropouts you should ignore.

>> No.14285376

>>14285065
This. Look into the Breton Woods agreement, how it ended, why Nixon changed the dollar to fiat and how the petro dollar system started. The Saudis didn't go all-in on U.S. Treasury bills because they want to. The whole thing was the result of Darth Vader negotiations. The U.S. economy is going to be just fine.

>> No.14285404

>>14285089
Would be over in a few months if the U.S. actually flexed its muscle. The U.S. Navy is more than five times bigger than the rest of the world combined. China is a complete non-threat militarily.

>> No.14285441

>>14285200
>threatening
We don't threaten anyone. With Trump we act like true alphas. We don't need anyone. We offer take-it-or-leave-it deals. We don't need to negotiate. Japan and Britain get this.

>> No.14285464

>>14285265
Saudi Arabia has to buy our bonds. That was the deal. Now that we're oil independent due to shale tech Saudi Arabia is shitting in their pants begging to keep buying bonds.

>> No.14285483

>>14285351
>usa golden age
maybe 50 years ago, we're in our downfall. i don't expect us to be a superpower within the next 2 decades

>> No.14285489

>>14285376
>The U.S. economy is going to be just fine
Boomer alert.

>> No.14285534

>>14285351
>as long as we can get higher returns from the borrowed money than it costs in interest. Why repay debt with 3% interest, when we can expect 15% roi by investing the borrowed money?

If we were managing to get fucking 15% of course this would be a good thing. You just outed yourself though brainlet because real GDP growth per dollar of debt is less than 8 cents mean over the last 10 years. Why would we be borrowing money when we are actually losing 92% of our investment brainlet? Go read a fuckin book zoomer

>> No.14285545

>>14285483
We still might be a superpower. Our geography allows us to rebuild and improve ourselves peacefully. Sea to shining sea location is not a meme.

>> No.14285649

>>14284941
We'll destabalize any country that dares open it's mouth, really that simple.

>> No.14285659

>>14285545
As if. I sure don't wanna rebuild a country thats paying for west and east coast trash to import more mcdonalds workers and municipal lawn mowers. The fuck do I care if hajibu the third who just got off his boat gets his college paid for as well? Even further, why should I care about funding a government that is devaluing my labor so heavily to draw global labor prices even lower? On top of that this government has entire systems setup to deny me information unless it falls under specific FOIA guidelines, collaborates with the world banking system to bail my money into collapsed banking systems, and creates more people to further lower my value of life ontop of using those people to debase my labor and education as I mentioned. Who the fuck wants to rebuild this garbage? Id rather lob cruise missles into Chicago at this point for a hot meal and a bed then work 12 hours a day to pay for their global government shenanigans.

>> No.14285685

>>14285089
>>14285198
This. There was an article written years ago with input from former generals laying out a hypothetical war between the U.S. and literally the rest of the world; The overall consensus was it would be close..but the U.S. would likely still come out on top. First thing we'd do is tactical strikes on any facilities across the world capabale of launching an ICBM, a task that with our force projection can be done in hours. After that, our navy combined with our air force would just dominate anyone dumb enough trying to get to U.S. soil.

>> No.14285705

>>14284941
The national debt is made up number that doesn't matter that the government uses an excuse to raise taxes and cut funding for organizations when they need more money for other things.

>> No.14285755

>>14285659
If the populous who didn't immigrate aren't actively going for the workforce (or at least going into the professional workforce) why are you complaining that immigrants are literally sustaining this servitude system, god forbid they get a university degree and further America's interests.

>debase my labor and education
Its called competition, and you've had had a head start by growing up here, then comes a dude who learns everything and more to become a better candidate than you and all you do is seeth?

You expect the country to do something for you (complaining about the convoluted system) while simultaneously saying you should do less work and receive more because "im not pajeet"

Anon, aside from the assfuckery going on in the world, i don't presume to know how you were fucked over or what situation you are in your life, but looking at the paradigm, WE LITERALLY are living in the most powerful country to ever be on Earth. Have you traveled to developing countries? You know the luxuries of infrastructure and social policy?

For someone from a shithole, getting a cup of water at a starbucks with free internet is HEAVEN.

>> No.14285783

>>14285464
Saudi Arabia doesn't have the capital alone to buy all the bonds issued. notwithstanding the glaring problem, who would the Saudi Arabians sell them to if nobody else wants them? bonds require a diverse range of buyers for them to be worthwhile. it brings liquidity and security. if that image is shattered it's all ogre.

>> No.14285813
File: 34 KB, 550x512, 1494789688777.jpg [View same] [iqdb] [saucenao] [google]
14285813

>>14285685
Unfortunately that's wishful thinking. Maybe if we were actually America. Our military is filled with cartel spies and our government is filled with Chinese spies. I won't even account for Israeli spies because our government, as a whole, is an Israeli spy.

>> No.14285843

>>14285685
this the dumbest thing i've ever heard. the moment the USA tries to do a 'tactical first strike with nuclear weapons' russia is going launch their missiles while the american ones are in the air. not including the second strike capabilities that Russia and China have. you're retarded.

>> No.14285850

>>14284941

No, requires a monetary reset whi h wipes out all USD wealth

>> No.14285877

>>14285065

So you work and save to get nothing. That's slavery. That's usury.

>> No.14285882

>>14284979
the USA will not be involved in any significant shooting war until 2026 and that will probably be a civil war.

>> No.14285907

>>14285877
Bro you're supposed to buy assets lol

>> No.14285910

>>14285145
it's entirely true. the US is food and energy independent and has a secure territory. it's economy does not depend on exports.

>> No.14285915

>>14285755
Lol I dont care if its sustained. Clearly I am not in the top 1%, I could care less about sustaining free water and Wi-Fi if it means I get to forcefully kick everyone out of the economy and rebuild it with my lineage being a founding one. You expect me to care about how giving inheritely smart people a degree when the reality is I want them to never get a degree and be locked out of participating in our infastructure and commerce. All the profits just go to pan-continental billionares who dont care, all the advantages of a well maintained populace are slowly eroded away however in favor of giving favorable conditions to cheap labor. So what if the Starbucks supply line is highly efficent and makes 1billion a year and I'm a store manager, id rather have full control over the least efficent 10 million a year in revenue coffee chain because I kicked out all the competition and labor kek. And yes, I do expect the country to give something to me and deny it to others even if its better spent on them, that is what I look for in a government system to support.

>> No.14285925

>>14285265
>stop buying your bonds
so what else are they going to do with their money? kek.

US Treasuries are shit, but they're the best shit around. Imagine trusting your african graft proceeds in a Chinese bank.

>> No.14285930

>govt borrows money
>makes predictions for economic growth that reduce debt:gdp ratio, and increase tax revenue
>models require growing GDP by not GDP-per-capita
>this can be acquired thru population growth
>if you have 1 billion people living poverty, you can have a larger GDP than a small country where everyone is rich and healthy
>UH OH no one is having babies
>start campaign to promote native baby production, patriotic motherhood
>no ability to pay social security and other benefits to all these babies you're planning, but that's someone elses problem (your great grandchildren)
>complete failure, no one has babies
>OK everyone! immigration is super cool and trendy now

>> No.14285939

>>14285489
Boomers will be dead

>> No.14285941

>>14285907

How? Wages don't go up but prices do.

>> No.14285950

>>14285685
the largest and best armed army in the world are American citizens. come at us, bro.

>> No.14285982

>>14285925
uh, they could buy other countries bonds that aren't being devalued by excessively increasing the issuance and the money supply?

>> No.14285983

>>14285930
>pyramid scheme collapses
>USA splinters
>Core country has now gotten rid of its traitors
>Turns into extremely hard-right, basedboy nation with huge military
>Immigrants expelled
>IQ has now gone up 10 points
>Still sitting on best most productive land in the world
>Still world's largest military
>Still energy independent

The whole world can fall the fuck apart and there will still be 180 million americans having a bbq on the 4th of july

>> No.14285988

>>14285941
>put 5% down on land away from cities
>make sure it has enough frontage to split into at least 2 more yards
>30 years pass
>town is far more populated
>sell 1 yard
>use money to build duplex on another
>rent duplex out
5% of a 250k crap house is $12,000, plus $3,000 closing costs. Not easy but definitely not hard to do before 30.

>but I'll have to do repairs on a house that cheap, and commutes are hard!
Put in the work, pajeets.

>> No.14286004

>>14285982
Yet they don't. Why? Let's break it down - what are their real options? Euro's? hahahah. Swiss Francs? Aussie Dollar? not big enough. Yuan? lmfao. Rubles? come on!

Money flees to America because it's the safest financial harbor in the world and the only one large enough to absorb the world's wealth. That's simply a fact.

>> No.14286008

>>14285982
I see your mistake, you think this shitty banking method is the evil "your people" thing to do. What you don't get is it's the evil "every country" thing to do. Europe/China/Brazil/Japan/USA/Canada/Mexico/Australia/Russia, hell even Iraq.

>> No.14286016

>>14286004
because the balance between bond issuance and the money supply is tightly controlled? and it hasn't reached the point of being excessive enough that it becomes financially retarded to buy bonds? are you special?

>> No.14286026

>>14286008
i think your mistake is that you read into my response incorrectly. i never inferred that this only happens in america?

>> No.14286034

>>14286016
Look nigger - ask yourself what happens when the US breaches that line. In reality, the system will not simply transfer to the new financial hegemon, no matter what the Chinks dream of. The international system will fall the fuck apart. China will be BTFO immediately.

The thing about being a world empire is that you have your tentacles in everything. If you fall apart, everything else falls apart even harder. As it happens, the USA is self-sufficient. Are you? Are the Chinese? no.

City on a hill, bub. Do you really think America won't let you all fucking die in a fire to save our own ass? hahahaha. Seriously, buy BTC.

>> No.14286039

>>14285983
and then you wake up from your dream and you go back to working for schlomo

>> No.14286063

>>14286034
when that line breaches, people will stop buying american bonds, simple. there would be no point if it isn't financial viable or the credit worthiness of the USA is shot. people would not purchase bonds from people at a premium if the issuer is not creditworthy. people will find the next safe bond that is issued by a creditworthy issuer, whomever it may be in the future.

>> No.14286083

>>14286039
The schism within the USA right now is extremely significant. The leftist, globalist, proto-communist part of the country is not going to negotiate. We're obviously headed for some sort of separation post-Trump.

What you need to realize is that once that happens, the USA you are dealing with will be unchained. Take the country that votes for Trump and remove the jews, spics, leftists, and coastal smug globhomo. What are you left with? Something very, very different.

Schlomo won't last the first weekend, friend.

>> No.14286090

SOOO EASY to get rid of all the debt, all they have to do is set the price of gold (which they 100% control and manipulate) to 80,000 then the reserves fully back all the national debt. Then repeat.

>> No.14286091

>>14285988

Nah, I'll go with option B and exterminate the jews instead. Jews have no right to exist.

>> No.14286101

>>14286063
Sure, and there isn't any creditworthy issuer of note, so the international system will be a fucking mess. The question you are failing to answer is: does the USA itself give a shit? The answer is: not particularly.

The USA does not need the rest of the world like the rest of the world needs it.

>> No.14286111

>>14286091
>continues jerking off to anime

>> No.14286120

>>14286090
Foreigners and dolts don't seem to realize that the USA does not actually need any of your foreign money or business to thrive. Even in a hard cut-off scenario we'll be on our feet in about three years, while you are all drinking blood out of each others skulls.

>> No.14286128

>>14284941
USD is still the world reserve currency
Debt is not a problem for Americans

>> No.14286137

>>14286101
sure there are, japan, UK, Germany, Switzerland, Canada, etc etc. if it doesn't make people any money and they can't rely on you. they'll bail to the next best thing.

>>does the USA itself give a shit?

quite frankly, yes. because their budgets require bond issuance to 'balance'. without it they will have to cut expenditures like healthcare, social security, military, education etc etc. you guys rely on it every year as part of your budget.

i can see you're kind of retarded. so im going to stop here. have a good day.

>> No.14286144

>>14285950
Useless against Super Ebola 2.0 Cluster Missiles no healthcare EZ WIN

>> No.14286185

>>14286137
>Japan without USA
>Canada Without USA
nothingburgers.

>Germany
almost certainly plunged into deep crisis and attached to Russia.
>Switzerland
Can't even back those sorts of assets

Seriously think about what it means for the world economy if the USA retracts. It's bad - for everyone - except America.

Facts.

>> No.14286203

>>14286111

Still coming to skin your people

>> No.14286207

>>14286144
Do you really think someone has more fucked up biological weapons than us?

The USA is holding the rest of the world financially hostage. That's why they send us their treasuries - they have no choice. Good system, if you're the Americans. We share, which is a good strategy. If we stop sharing, good luck.

>> No.14286220
File: 22 KB, 480x360, 1514955049955.jpg [View same] [iqdb] [saucenao] [google]
14286220

>>14286137
>japan
You realize japan's economy is actually fucking garbage?

>> No.14286250

Who is America in debt to anyway?

>> No.14286373

>>14286250
Mostly itself in very complicated ways

>> No.14286404

>>14285195
in ww2 no chemical weapons were used whereas in ww1 it was used widely.
ww3 doesnt have to be nuclear

>> No.14286432

>>14285195
Oh how naive.

>> No.14286470

>>14286250
I asked this on Facebook and the answer I got was China so I guess that’s still I think. I just don’t get how it affects the little guy like us except on manipulative world banking Rothschild ways.

>> No.14286504

>>14285915
Holy fuck you’re a brianlet.

>> No.14286513

>>14284941
You know who owns that debt?
Yes, they then have a rightful decision to take it by force from you if you refuse to gib your land and infrastructure to them.

>> No.14286750

>>14286513
>You know who owns that debt?
My local rabbi?

>> No.14286890

>>14285195
>humans have been at war with someone or other for tens of thousands of years
>somehow just within the past 60-70 years the entire human species lost their stomach for war
I’d honestly love to be as naiive as you

>> No.14286920

>>14285205
Yes, let’s instead vote for democrats who promise to spend your koney on brown people and sex changes for children. I’m jumping off the Trump Train

>> No.14287087

>>14284941
Hyperbitcoinization

>> No.14287548

>>14286090
>all they have to do is set the price of gold (which they 100% control and manipulate)
Elaborate?

>> No.14287575

>>14287548
>Elaborate?
The gold price is set by the Rothchilds in London every day! Its literally called the FIX!

>> No.14287619

>>14286090
This is not how it works! All 'money is debt' for the debt to be rid off 'money' aka fait would no longer exist!
Also you can't pay a debt with debt.

>> No.14287754

>>14284941
OP Just read the below link & look up 'The Grace Commission'
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

The below is also great, as it shows what (((They))) are buyin with the QE funds. Hint BONDS
https://www.bankofengland.co.uk/markets/quantitative-easing-and-the-asset-purchase-facility

>> No.14287771

>>14285167
It's fucked up only for poor people.
This interest based system actually aspire the money to the top through banks.
These banks then use this money to buy the rest of the economy

>https://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf
Document related is that 45 banks own minimum 28% of the global GDP.

>> No.14287815

>>14287771
Great link! Thanks Anon

>> No.14287841

It’s simple. The government just needs to invest in LINK.

>> No.14287904

I don't get it - what does it really mean when the economy's doing bad?

the people are still there, and so are the infrastructures. There's still land to grow food on. When people say debt is becoming unsustainable does that mean someone will somehow have to die so we wouldn't have to pay back as much?

is the economy basically an international game of musical chair?

>> No.14288172

>>14284941
>/vip/ - Very Important Posts
Its called a Debt Jubilee
remember the money was printed out of thin air by child eating pedophile satanists

if you dont know that than look into Mark Passio

>> No.14288200

>>14284941
>What will happen to the economy if the debt is left to just grow?

Nothing. They will just let it grow forever just like every other country.

>> No.14288213

>>14284941
Debt can be an opportunity to make money. Look at what John Blunt did with the government debt and how he turned it into the fuel for his South Sea Company bubble.

>> No.14288264

>>14286207
>load up missiles with african ebola laced literal feces and shrapnel
sounds pretty simple actually

>> No.14288366

>>14285915
WHAT ARE YOU? SOME KIND OF NATIONALIST?
disgusting
how can you demand that your government look out for you and try to improve your life? government obviously exists to help those outside of the country by letting them in and giving them their unearned part of the wealth that your ancestors have built up for decades, resulting in the slow decay of society and crumbling of the social fabric - creating a wholesome multi-cultural shithole
literal brainlet who cant understand the purpose of government wtf im so triggered now

>> No.14288410

>>14285404
Only takes a dozen ICBMs to nuke all your carrier fleets

>> No.14289032

>>14284941
it is, by transitioning to bitcoin economy

>> No.14289049

>>14284941
why do you think bitcoin was invented in the first place? to keep usa at the top.

>> No.14289461

>>14289049
We don't even know who Satoshi Nakamoto is, so that's a pretty big assumption

>> No.14289596

>>14285167
It's called printing money.

>> No.14289702

>>14285659
Based

>> No.14289786

>>14288410
It literally only takes a single US submarine to put half your nation’s population in the dirt. What’s your point

>> No.14289803
File: 19 KB, 549x380, YellencoinLifeExpectancy.png [View same] [iqdb] [saucenao] [google]
14289803

>>14285910
ayyy

>> No.14289827
File: 157 KB, 676x568, 1ocv3vdr12r11.jpg [View same] [iqdb] [saucenao] [google]
14289827

>>14286083
This. The civil war is almost hot, and the only thing that keep it alive are the traitors in government who everybody knows who they are, because they no longer hide - they are proud of being traitors and believe it to be virtuos.

What do you think happens when the patriot faction has had enough? Or been given green light? Everyone is waiting for Trump to act, and if he fails everyone else is fucking locked and loaded. He is literally the last pin holding the seams together, preventing a full scale revolt against the globohomo order.

If he's ever (((removed))) or if he gives the order, fucking watch what happens.

>> No.14289868
File: 341 KB, 1365x2048, harry_potter_bankers.jpg [View same] [iqdb] [saucenao] [google]
14289868

>>14286250
>Who is America in debt to anyway?

I wonder who...

>> No.14289940
File: 357 KB, 771x469, debt_ceiling.png [View same] [iqdb] [saucenao] [google]
14289940

>>14287904
>is the economy basically an international game of musical chair?

Yes. It is structurally flawed. The REAL economy (the stuff people actually produce and trade, the labor, the employment, etc) is doing fine for the most part, but the currency is what is fucked. It's entirely debt based, meaning there LITEREALLY IS NOT ENOUGH CASH IN EXISTENCE TO EVER PAY OFF THE DEBT. It is impossible, and it's done by design. It's a way for the people at the top (banks/central banks) to siphon money from the bottom and middle through interest and inflation.

It's an evil game of global slavery and it must come to an end

MUST WATCH
>https://www.youtube.com/watch?v=iFDe5kUUyT0

>> No.14289968
File: 159 KB, 1024x906, fs9bfd9p6e531.jpg [View same] [iqdb] [saucenao] [google]
14289968

>>14289461
>He doesn't know

>> No.14290020
File: 6 KB, 250x208, altcoins.jpg [View same] [iqdb] [saucenao] [google]
14290020

>>14289968
whales are accumulating

>> No.14290080

>>14284941
muh debt is a meme anon

>> No.14290110

>>14289968
COMB YOUR FUCKING HAIR, CRAIG

>> No.14290283
File: 232 KB, 1600x1200, 1559710910956.jpg [View same] [iqdb] [saucenao] [google]
14290283

>>14290110
There is no need to be upset.

>> No.14290379

>>14284983
Correct. Governments will have no say in this, it will be the people's choice. Once the collapse comes and the American dollar tumbles in value, the whole global monetary system will come with it. As governments collapse one by one, people's life savings will disappear in front of their eyes. Look at Venezuela for example, at one point they had 15% inflation PER MINUTE. When governments cannot guarantee the value of their currency, not even switching to the gold standard would bring trust back. The only safe haven would be a trustless monetary system, one that provides cryptographic security and cannot be messed with. Cryptocurrency will be the best hedge against the inevitable collapse.

>> No.14291167
File: 87 KB, 668x542, SIDJEW.jpg [View same] [iqdb] [saucenao] [google]
14291167

>>14284941
No need to repay our debt, goy!
Global Reset has been planned for a while, have you heard about the recent """Ebola""" like infections via contaminated dollars?

It could be War, or another severe crash but the debt will be wiped clean... If all the jews get their beak wet, there will be no fuss. It's (((their))) money anyway.

>> No.14291170
File: 32 KB, 420x530, FT_17.08.01_debt_interest_420px (1).png [View same] [iqdb] [saucenao] [google]
14291170

Just looking at debt to GDP doesn't take into account record low interest rates which actually make servicing the debt relatively cheap.

>> No.14291885

>>14285195

check this guy out.

watching violence on liveleak for 5 min will probably change your mind.