So is it obvious that we're never gonna pay back the

>>132254348
How does the US national debt work and why is it so scary?

>>132254654
Because we spend more money than we actually have on all these government funded departments and debts to other countries
It's a race to the bottom

Whos going to make us pay?

>>132254348
Outside of ((((Them)))), can anyone explain to me why the federal reserve needs to exist? How can you ever hope to come out on top when money is produced with an interest rate?

What function does the federal reserve outside of printing money. Isn't it not federal at all, but a group of ((((them)))) owned banks?

Did JFK really try to bring it down?

>>132254348
Who is gonna make us?

>>132254654
Iditot libertarians make a big deal of it because they think gov debt is like private debt. High debt nations like Japan are fine plus US is largest economy, consumer market, and military. Basically means that no one can force us to pay it back if we don't want to.

A lot of people talk about China holding US debt as though it were a bad thing. We basically gave them IOU slips in exchange for durable goods. This makes China and other creditor nations debendant on the USA, not other way around because of the reasons above.

>>132254654
You should know, Jew. Usury based banks operate on infinite money and debt with no value.

>>132255000
It doesn't. It's a bunch of kikes and their supporters who benefit with a lot of power and control. That's the only reason. It serves no actual benefit.

>>132254654
Basically what happens is we feeding money into your country because you're our greatest (((ally))).

>>132255000
You answered your own question. Without federal reserve, there would be no debt and (((they))) wouldn't be able to support their parasitic lifestyle. Yes, JFK spoke against it and tried to shut it down, that's why he got a bulled to the head. That's also why every president since him has been a puppet.

>>132255266
>>132255213
>>132255000
All the ((them)) explanations just confirm the retarded cancer infecting the board. Not sure how people can be this dumb.


>>132254973
exactly, no one can make US pay.

>>132255186
Surely that can't be the case though. There would have to be some extreme negative repercussions somewhere.

>>132254654
Money IS debt, meaning if there was 0 debt, there would be no money in circulation. Most retards on here don't understand this, they just like to meme about MUH DEBT. The problem is the financial system as a whole, which allows money to be printed and loaned with interest, while not demanding the interest profits be re-circulated into the economy.

>>132255186
The majority of the debt is from unpaid debts in the US
We owe more than 3 trillion dollars to social security and over 2 trillion to the federal reserve. Every year we run a deficit of more than half a trillion dollars because our tax base is diminishing and government assistance is rising. Our credit rating is gonna be downgraded to Greece tier in ten years if none of this is fixed

>>132255590
the way they "fix" it is to import 50 million muslims and create more loans in their name to create the money needed to pay the interest on already existing loans. its a ponzi scheme that will eventually collapse no matter how many muslims immigrate to the jewish banking system

>>132255517
The fucking people you owe debt to?
The banksters, the private inviduals, the rothchilds?
Fucking idiots, this is so obvious.

>>132255186
>Basically means that no one can force us to pay it back if we don't want to.

No but you have a trade deficit, the moment you stop paying your debt, the U$s crashes and you won't be able to afford anything "made in China".

>>132254348
Here's your daily dose of redpills
https://www.youtube.com/watch?v=M7QMMqyEl_I

Another marker is selling off of public lands to pay for our debts.
>cryptos are our out.

>>132255848
T. Swede

>>132255533
Of course, but the point is that it would be far worse for any creditor nation to the US than the debtors.

>>132255590
>The majority of the debt is from unpaid debts in the US
That's exactly why it is a non-issue. Japan has 200% GDP of debt and no one cares because it is within Japan. They have a stellar credit-rating you knuckle-head you.

Another important thing for you ingrated to understand is that US is a safe have for capital even when US is doing poorly. 2008 recession origninated in usa but scared foreign money still flowed in regardless. Sue Canada or Switzerland are good safe-havens too but they cannot absorb all the money because the economy is so small so money flows into usa.

>>132255848
shitskins don't get loans, and tank both the financial and nominal economy by their mere existence.

>>132255956
We had a crash before and sure we didn't do great, but everyone else came off worse than we did. Especially China, talking about debt.

>>132255871
Surprised they let retards use the internet. At a certain point the leverage goes from the lender to the creditor. Take the case of Hungary, when they crashed and were super in debt they were able to negotiate the settlement terms because they had their creditors by the balls.

>>132255848
Nope, that's all about liberals wanting to create political constituencies.

When it becomes widely known the the Jews crashed the economy in 2008 and that they were responsible for 9/11 and caused the middle eastern wars that are bankrupting America they will likely be held responsible.

They literally caused a great deal of that debt jump since 2000. People will demand that they pay back what they stole and what caused.

They will say they are being 'scapegoated' as always, but they really should own a lot of these problems

>>132256785
Oh look, another retard washed in.

>>132256688
Your country is literally run by the jews and other globalists and you think they won't fuck your country over?

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>>132254348
Just monetize it with a trillion dollar coin faggot.

Put trump's face on the coin to trigger all the bankers.

>>132255517
Why don't you explain how the Federal Reserve, the IMF and the BIS operate. We wouldn't want people to continue in ignorance knowing only that those organizations are completely Jewish run. That would be anti-semitic.

>>132256894
Not an argument.

>>132255319
hold on, jfk tried to expose the CIA, thats why he got a bullet to the head.

>>132256323
well, its a scam. mass immigration improves the credit rating of the country. the country is then allowed to take more loans at lower interest. more immigrants, more loans, more loans, more immigrants. its a ponzi scheme

>>132257789
And at the end it crashes again anyways, except now it's worse than it would have been if you let it crash earlier.

>>132256918
My country? The USA runs globalization, don't you fucking get it?? It started as an anti-soviet thing and now it is just straight up hegemony. Fortunately, USA seems to be getting bored with it now. Very well documented that CIA sponsord the creation of the EU and it's ilk across the world.

>>132257136
Hiding behind conspiracy theories is intellectual cowardice.

>>132257789
explanin Japan then, retard.

>>132258434
Labelling facts as "conspiracy theories" is intellectually dishonest.

>>132254348
Nah, we're going to just bail-out banks and pay for people's stupidity while top 0,1% profits immensely. That's the outcome of burdening everybody and their dog (mother is already in debt) with unpayable debts and then aforementioned bailing-out banks that fail because gov't forces banks to lend mortgages to everybody, even if they won't be able to pay it.
The worst thing is that this brings money without any actual, beneficial to society work. Banks were a mistake

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>>132255186
>japan is fine
Japan is stuck in the trap that the west is trying to get away from right now.
There is nothing its central bank can do to break its stagnation. If they stop trying, it will collapse and normalize but no one has the balls to allow such a catastrophic event.

>>132254348
Eventually we'll have to give Commiefornia to China as collateral. Let them deal with all those faggots and mexicans.

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>>132255186
>we can force ourselves to pay the debt we owe us

>>132255186
>Commie calling libertarians idiots for worrying about the debt
Okay.

>>132254348
Owners of US treasuries are fucking idiotic.

>>132257217
hold on, jfk refused to work for the Mafia, that's why he got a bullet to the head.

>>132259663
>federal accounts
what is this?

So far it only looks like we have ~3.5 trillion that needs to actually be paid.

>>132254348

Nicely sourced!

Just kidding, that looks like a middle-schooler's idea of a source.

>>132259663
intra-national debt really ins't anything to worry about.
>>132259682
It's tru though.

>>132259746
Yeah, yeilds are pretty low but who else is there?
>>132259607
Dumb, again national debt is not private debt. Very different things.

>>132259473
Well EU is basically in the same position as japan right now with low growth. Anyway, the point is that high debt societies are viable, particularly when debt is held inside the system.

>>132258583
The personalities of who operates a device are wholly irrelevant. IMF is controlled by the US gov.

>>132254348
https://youtu.be/iFDe5kUUyT0

>>132254348
>So is it obvious that we're never gonna pay back the national debt?

Yes, but it's less obvious what the consequences of such irresponsible behavior will be.

I see it like this.

Every nation on earth owes money; all of them are in debt; none of them can pay it off.

So one collective world government scraps the entire old system of fiat currency and institutes a global credit system where a person's identity, important information, amount of credit, amount of bills, etc., can be stored in a biochip and implanted inside their right hand for safety's sake. Or if they lack a right hand, into their forehead.

That way all debt can be mutually and simultaneiously eradicated, and every single person on earth can be made rich by the world government crediting their biochips with more than enough money to meet their daily needs.

You know, just like the bible said 2000 years ago.

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>understands central banks
>doesn't own any crypto currency

We could, but we have to do 3 unpopular things: Cut medical care to seniors and the disabled, cut the military, and increase taxes on the rich.

Or we could grow out of our debt temporarily through mass immigration and a ton of infrastructure and other projects, but that's only sustainable for a few decades at most adds more long term problems, and not politically feasible now.

Just got to balance a whole lot of bull shit

>>132255536
No, no debt would means we're at a nonexistent gross margin

Money != debt in any way

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>>132260315
>tax people promising promising the worst return on investment possible
>renege on your promises after making too many promises

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>>132259663
To add insult to the injury

>>132260705
>download lots of different hassle wallets

Get back to me when i can download a single wallet and transfer funds from my bank to it and buy and sell all known cryptocurrencies with that.

>>132259663
(((other)))

>>132256894

Jew detected.

>>132254348
It looks that way. We'll probably pay the debt with nukes. Can't pay if the debt holder is dead.

>>132254654

It's not scary
>Be the worlds most powerful nation
>Have the largest military in world
>Make people give you money as a "loan"
>Don't pay much of it back
>They can't do shit about it because you're the world's most powerful nation

>>132261120
>US has social security pyramid meme too
B-but you can opt-out, right? It's not mandatory, right?

>>132262222
>>132254348
much of that debt is owed to the American people

it means they won't pay medicaid, give college loans, or fix infrastructure anymore

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>>132254348
Yes and we're fucked.

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go ahead and just tack on 3 trillion and ill fix the environment. annually of course.