The last time GDP to debt ratio was more than 100% in America

>>130439642
As my 8th grade teacher told me
>set 'em up and knock 'em down

I don't know what's going to happen but it's a good time to be ready for a knock-down.

>>130439642
>How badly will this end for us
See collapse of the western roman empire for historical reference.

>>130439642

very bad, ultimately the only way out of this hole is to reduce gibs. Unfortunately there's an entire party and large voting base which vote purely based on gibs.

>>130439642
It will end with the reset of the excess population.

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>The US will collapse in your lifetime

Cant wait lads

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>>130439642

Keep in mind that in 6000 years of human history, only once did a state pay out its debt in full (Romania under Ceaucescu), all other times they defaulted/collapsed/started shit.

>>130445248
We paid it too.

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>>130439642
if the US debt gets too large then they can always just print money

>>130444984
And we won't?

>>130445248
Andrew Jackson paid it off, even if he left a financial power vacuum that didn't go so well after all.

>>130445699
>>130445331

My source is Martin Armstrong. This guy predicted the '87 crash, 1997 asian crash, 1999 Russian crisis, Tech Bubble and 2007 Bust.

https://www.youtube.com/watch?v=1vAOm7byTtY