US Has No Ability to Pay Back Debt
US Has No Ability to Pay Back Debt
In a year, there will simply be be $14 trillion dollars of US debt and then you need to borrow even more money to pay back the interest and to finance what ever excesses that Americans expect. It already has to pay close to $300 billion just in interest each year!!! This is in addition to the yearly deficits that are the norm in America. And this debt totally will likely be even higher given the war the US will start with somebody in the next year. The US is finished, it has no way of getting out of the hole it dug.
- Gawdzilla Sama
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Re: US Has No Ability to Pay Back Debt
Economics, just one more thing you're not good at.
Re: US Has No Ability to Pay Back Debt
If the worst comes to the worst the US could always invade and occupy Saudi Arabia.
Problem solved.
Problem solved.
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Re: US Has No Ability to Pay Back Debt
Hell, the whole Middle East. Toss everybody out and pump our own oil.devogue wrote:If the worst comes to the worst the US could always invade and occupy Saudi Arabia.
Problem solved.
Gawd, that should be a very pleasant idea for you, no more Israel.

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Re: US Has No Ability to Pay Back Debt
We're losing in Afghanistan; I'm far from convinced of our ability to take on the entire middle east at once.
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Re: US Has No Ability to Pay Back Debt
You/we could win in a month if we were truly committed to invading, occupying and colonising. ..Not to mention suppressing!Warren Dew wrote:We're losing in Afghanistan; I'm far from convinced of our ability to take on the entire middle east at once.
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Re: US Has No Ability to Pay Back Debt
That's because we're too pussy to use nukes. Melt the whole damn peninsula into a sheet of glowing glass. The roustabouts will have to work in rad suits, but that's a small price to pay for energy independence.Warren Dew wrote:We're losing in Afghanistan; I'm far from convinced of our ability to take on the entire middle east at once.
Yeah well that's just, like, your opinion, man.
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Re: US Has No Ability to Pay Back Debt
People are too eager to do the right thing. The easy answer to America's deficit is to stick it to the Chinese and bring in emergency rule at home as people riot over a depletion of 'slave-labour' built cheap junk from the far east. Then start making things again like America once did. When you own the bank and it's run by evil so&so's you crash the bank and start again. With regards the middle east - their not controlling the price of oil so why not stick it to them as well? 

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Re: US Has No Ability to Pay Back Debt
We can just default on all our foreign debt, cut all foreign aid spending, go all isolationist on your asses and watch the rest of the world crumble into ruin because we quit propping it up.Gawd wrote:In a year, there will simply be be $14 trillion dollars of US debt and then you need to borrow even more money to pay back the interest and to finance what ever excesses that Americans expect. It already has to pay close to $300 billion just in interest each year!!! This is in addition to the yearly deficits that are the norm in America. And this debt totally will likely be even higher given the war the US will start with somebody in the next year. The US is finished, it has no way of getting out of the hole it dug.
I'm down with that, I know how to grow my own food after all.
"Seth is Grandmaster Zen Troll who trains his victims to troll themselves every time they think of him" Robert_S
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
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Re: US Has No Ability to Pay Back Debt
It ain't the 1930s this time. You ain't the workshop of the world anymore.Seth wrote:We can just default on all our foreign debt, cut all foreign aid spending, go all isolationist on your asses and watch the rest of the world crumble into ruin because we quit propping it up.Gawd wrote:In a year, there will simply be be $14 trillion dollars of US debt and then you need to borrow even more money to pay back the interest and to finance what ever excesses that Americans expect. It already has to pay close to $300 billion just in interest each year!!! This is in addition to the yearly deficits that are the norm in America. And this debt totally will likely be even higher given the war the US will start with somebody in the next year. The US is finished, it has no way of getting out of the hole it dug.
I'm down with that, I know how to grow my own food after all.

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Re: US Has No Ability to Pay Back Debt
No, but we're the root of technology of the world, and that's more important than ever. We're also the largest consumer market, so cutting off China would bankrupt them almost immediately. Just look what happened to the world economy when our housing/mortgage market collapsed.Crumple wrote:It ain't the 1930s this time. You ain't the workshop of the world anymore.Seth wrote:We can just default on all our foreign debt, cut all foreign aid spending, go all isolationist on your asses and watch the rest of the world crumble into ruin because we quit propping it up.Gawd wrote:In a year, there will simply be be $14 trillion dollars of US debt and then you need to borrow even more money to pay back the interest and to finance what ever excesses that Americans expect. It already has to pay close to $300 billion just in interest each year!!! This is in addition to the yearly deficits that are the norm in America. And this debt totally will likely be even higher given the war the US will start with somebody in the next year. The US is finished, it has no way of getting out of the hole it dug.
I'm down with that, I know how to grow my own food after all.
But that's fine with me, muddle your own way through, I don't mind. I just don't fucking want to pay to bail out the rest of the world anymore. Fuck em' all. Let the Somalis starve each other to death. Let Latin America be awash in drug violence. Let the Libyans bomb each other. Let the Afghans labor under Taliban tyranny. Let the Iraqis vest-bomb each other into extinction. Let the Caliphate take over Europe. Fuck 'em all. Long as I have domestically produce cheese and bacon, I'm good to go.
"Seth is Grandmaster Zen Troll who trains his victims to troll themselves every time they think of him" Robert_S
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
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Re: US Has No Ability to Pay Back Debt
My other machiine runs LINUX. Don't need crummy windows no more. Just 'cos merica 'vented interweb don't mean it got the copyright on the babbage engine. 

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Re: US Has No Ability to Pay Back Debt
Crumple wrote:My other machiine runs LINUX. Don't need crummy windows no more. Just 'cos merica 'vented interweb don't mean it got the copyright on the babbage engine.

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Re: US Has No Ability to Pay Back Debt
FreeBSD.Crumple wrote:My other machiine runs LINUX. Don't need crummy windows no more. Just 'cos merica 'vented interweb don't mean it got the copyright on the babbage engine.

I prefer Linux though.
What I've found with a few discussions I've had lately is this self-satisfaction that people express with their proffessed open mindedness. In realty it ammounts to wilful ignorance and intellectual cowardice as they are choosing to not form any sort of opinion on a particular topic. Basically "I don't know and I'm not going to look at any evidence because I'm quite happy on this fence."
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The Net is best considered analogous to communication with disincarnate intelligences. As any neophyte would tell you. Do not invoke that which you have no facility to banish.
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Re: US Has No Ability to Pay Back Debt
Your Babbage engine run on an Intel or Intel-derived chip by any chance?Robert_S wrote:FreeBSD.Crumple wrote:My other machiine runs LINUX. Don't need crummy windows no more. Just 'cos merica 'vented interweb don't mean it got the copyright on the babbage engine.
I prefer Linux though.
"Seth is Grandmaster Zen Troll who trains his victims to troll themselves every time they think of him" Robert_S
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
"All that is required for the triumph of evil is that good men do nothing." Edmund Burke
"Those who support denying anyone the right to keep and bear arms for personal defense are fully complicit in every crime that might have been prevented had the victim been effectively armed." Seth
© 2013/2014/2015/2016 Seth, all rights reserved. No reuse, republication, duplication, or derivative work is authorized.
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