How much longer can we sustain a debt based monetary system?

The Petroldollar props it up, as long as we have oil and we're keeping Israel in existence we'll be fine.

I'm thinking 10 to 15 years. The more government expands and the more regulations put on the market, the less empirical data can be trusted by investors. There is a tippi g point where investors realize that the economy is no longer based upon the decentralized nature of information that propels all .markets. when that point is reached the investors flee to a more free market and the economy buckles in under it's own weight.

The market always corrects for the fraud that is the State

>>139123157
The answer is very simple. It can be sustained until it can't be sustained anymore.

>>139123467
This. As there is room for growth, there is room for debt. If a major player runs out of growth potential and we don't have a new monetary system

>>139123467
Well yes, that's obvious. That's like asking someone "How long will you be here" and having them respond "Until I leave"
It's correct but not at all what is being asked.

>>139123157
The faith that government will continue, and the promise of a portion of all future tax revenue from our citizens' labor.

>>139123703
It is exactly what's being asked. It will be propped up by hook or by crook until it can't be propped up any more.

The only question is when there will be a superior replacement to adopt, and if that will happen before or after the whole thing shits the bed.

>>139123157
>How much longer can we sustain a debt based monetary system? We have absolutely nothing backing our currency
Ok I will explain how this works: When you get to this point in capitalist democracy lifespan, they will always be demand for your debt because they foreign trillionaires who buy up all your debt get to order you around and use you as their little pet army and shit, and if you don't obey then they just crash your economy via financial shenanigans.

And it this point America as at that spot where it will never pay back all its debt on its own accord, so this entire country is basically slaves to foreign powers forever, or until we get this new crypto economy rolling, which may be even worse since it seems like China/Russia have the edge over us on that shit because we've been worrying about global warming while they dominate crypto with nearly free energy from "dirty" sources.

>>139124194
>oy vey if the goyim don't invest in the green economy they are holocaust deniers!

>>139123157
The dollar is the reserve account because the Saudi's and other (but not all) major oil producing countries only accept dollars for oil.

This econominc benefit is worth billions to the US every year. Billions we use to build up our military infrastructure. If the bills ever come due we use our infrastructure to destroy everyone elses infrastructure.

Lets look at China. If the US attacks China's airports, docks and train stations the country is royally fucked, real quick. It would lead to a worldwide economic cataclism, but all of a sudden our greatest economic foe is hamstrung and all demand for services will shift to a people that don't eat dogs.

>>139124380
What's wrong with eating dogs? Take any region utterly ruined by communism and the local wildlife will start to mysteriously disappear regardless of whether or not it's man's best friend.

Why don't we criticize the illegals in Florida for eating horses?

>>139123157
The US dollar is backed by the US military, the main reason it is the strongest currency in the world.
And therefore the reason why the US economy is the strongest in the world.
And therefore the reason all you faggots can live in relative decadence in your "service industry" economy that doesn't do anything..
except suck off the tit of the US military

All of America is a welfare queen living off of the US solder.
Because the main export of the US is global stability

>>139124583
You don't eat your tools. That's nigger tier.

>>139125084
When the economy collapses, living like niggers is all you have left.

>>139125084
Another thing that happens is that in places where heat is necessary for survival, the trees will go missing. People will burn their furniture and even tear out pieces of their houses.

You guys are idiots for not wanting a debt based currency.

All the US owes is pieces of paper with ink on it to the chinks. If it were gold back we'd actually owe them gold.

>>139126202
Why would we want the chinks to have that kind of power over us? Do you remember the reason?