Since it's pretty certain that it will only keep growing in almost every country on earth, what the fuck will eventually happen with the situation?
Everything forgiven? Nothing ever paid? Collapse of the whole economic system?
>>139511404
i dont know but im pretty sure the jews will win
>>139511404
We will have to see how it goes for Japan, it all depends on investors trust in that the country will be able to repay. It just doesn't make sense to have trust in the economy as the yearly interest rate on the debt increases to a higher amount so that at some point they will have to declare bankruptcy.
Argentina was the latest country not being able to pay their investors. The repercussions were small but if a nation like Japan starts to default it will have huge consequences , because of the size of Japans economy.
It will start a new global financial crisis. Like the European debt crisis with Greece but on a global scale.
>>139511404
That map is like a decade out of date.
>>139511404
public debt is a fake news.
It's not a problem if you don't use a foreign currency (like Argentina did, or like all the nation under Euro do now).
Japan has 0 problem, actually if they want they can delete half of it with a click (half of their debt is own by their central bank, that does the interests of the nation). If they don't do it, it is because they don't want to destroy western storytelling and create a caos.
>>139512945
Sure they could, but they would destroy their economy in the process. The debt is there for a reason. It didn't just appear out a magic thin air - and you can't just make it disappear like that either.
>>139512945
Public debt = slavery
And you have to pay in different ways they own your state and country and you will be taxed to death to pay it
>>139511404
>mfw Switzerland: zero
Trump will declare bankruptcy soon enough.
step 1) tax cut
step 2) start a war somewhere
step 3) declare bankruptcy
step 4) restructuring all debt
step 5) profit.
Chile is black now
>>139513787
Dude, you know nothing about it.
Their central bank already have bought half of their debt. It is not existing (how can a state be in debt with itself?).
They can easily delete it.
>nips at 170,4%
why is this allowed
we don't owe anything to anyone, lol
>>139511404
Some Anon a while back said that China will work with the U.S. to bring in a new gold backed currency and that digital currency would fall hard.
Speculation, but things will get Venezuela level bad before they get better. Especially in America where people can't go on living without avocado and toast.
>>139511404
this is what happens when you feed nonwhites.
>>139511404
whats with Zimbabwe they got half the us debt and are a desert
>>139516440
This is pretty accurate, China would never risk economic relations with U.S.A. since it's the only thing keeping their economy afloat.
If U.S.A. was asked to pay debts, we would just economically bankrupt half the world. Which would effectively remove any other first world countries ability to have potential buyers and would just flat out destroy everything.
Germany has no chance in hell at making it out of any scenario where debts are to be paid. Possible embargo of all goods to any country would leave them isolated and weak.
Canada might be safe since they have a huge mass of resources, but say good bye to your comfy life since you'll be turning back to 2nd world industrial living.
>>139511404
Wtf Japan
>>139511404
> USA: 8.68 Trillion
Isn't it like up to 20 trillion now days?
>>139515396
You clearly know next to nothing about Economics.