OH SHIT BROS

[Anonymous No.18473020]

>GDP of US is ~20 trillion
Are we going the way of Greece?

[Anonymous No.18473036]

>>18473020
our entire $25 trillion debt can literally be erased at the push of a button

[Anonymous No.18473041]

>>18473020
no because Greece isn't sovereign

[Anonymous No.18473044]

In order to pay off such a massive debt, we will need to print loads more money!

....wait just a bloody second....

[Anonymous No.18473073]

>>18473041
Greece was atleast bailed out by the rest of Europe what the fuck is gonna happen to us?

[Anonymous No.18473083]

>>18473020
Who do we owe all this money to, even?

[Anonymous No.18473085]

>>18473036
Then why haven't we done it smart ass?

[Anonymous No.18473094]

>>18473083
Space jews

[Anonymous No.18473116]

>>18473085
It’s the economic equivalent of MAD.

[Anonymous No.18473122]

Nah we'll be fine

[Anonymous No.18473126]

>>18473083
every dollar printed is considered debt.

[Anonymous No.18473158]

>>18473126
Debt to who though? Who is sending the bill?

[Anonymous No.18473161]

This is bullshit too, but I can't find any inflation adjusted charts

[Anonymous No.18473181]

>>18473116
What's MAD

[Anonymous No.18473189]

I have no idea. I know Japan has a huge debt compared to GDP but they're actually a highly disciplined nation that actually do shit ,America is a third world nig infested shithole in comparison

[Anonymous No.18473203]

>>18473158
the privately owned federal reserves board of shareholders. The owners are anonymous due to shell companies and mergers. Watch this if you want to really understand:

https://youtube.com/watch?v=iFDe5kUUyT0

[Anonymous No.18473206]

>>18473085
because the only guy who knows exactly how to do it has dementia and he’s going to die soon you mongoloid
https://youtu.be/dQw4w9WgXcQ
https://en.wikipedia.org/wiki/Denis_Cannan

[Anonymous No.18473234]

>>18473181
Underage posters must go.

[Anonymous No.18473239]

>>18473158
The national debt is money the US owes itself. It's a pretty simple concept to grasp , but deluded gold bugs and BTC bagholders turn a blind eye to it because their ability to become rich in USD depends on plebs falling for their scammy and antiquated anti fiat narratives.

[Anonymous No.18473247]

>>18473206
You fucking got me I'll give you that
>>18473234
MAD the magazine? Never read it, I grew up in the 2000s mostly ('96 baby).

[Anonymous No.18473289]

>>18473020
Reminder that the debt is soaring and GDP is dumping

Buy silver and gold

[Anonymous No.18473296]

>>18473289
From yesterday

[Anonymous No.18473340]

>>18473247
Mutually assured destruction you fucking retard.

[Anonymous No.18473417]

>>18473239
Well, some of the national debt is owed to China.

[Anonymous No.18473961]

>>18473247
God you are a stupid fuck
t. 97fag

[Anonymous No.18474241]

>>18473239
That's where you are wrong. The national debt is sold in the form of treasuries that anyone can own, including foreign countries. Yes, in theory, we owe it to ourselves and can technically make a portion of that debt vanish without repercussions. But in doing so, we now owe a whole lot more interest on the bonds at the very least on the remaining debt because it is more in demand. Theoretically, which some economist have ran thought experiments on, you have effectively devalued your currency theoretically because your debt has been absorbed and it is effectively the same as printing money and causing inflation.

[Anonymous No.18474300]

>>18473083

public debt = money supply in a fiat system

I am not sure why this is so hard for brainlets to understand

[Anonymous No.18474382]

>>18473020
Oh boy, what a way to make my morning.

https://www.bloomberg.com/news/articles/2020-04-15/kudlow-s-war-bonds-are-coming-but-in-a-plain-vanilla-wrapper?srnd=premium

20 and 30 year bonds incoming for more debt and treasuries.

[Anonymous No.18474403]

>>18473083
Your dad and mom pension funds

[Anonymous No.18474509]

>>18473289
really makes you think