Explain how the “national debt” works and how it can “bankrupt America”
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Poast new message in this thread
Date: June 4th, 2025 7:16 PM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
apparently these countries that depend on us for military support and in general rely on us to provide/pay for global stability so they don't have to be fully third world also lend us a bunch of money that we totally need to pay back with adjustable rate mortgages and we can't just tell them to fuck off.
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987344) |
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Date: June 4th, 2025 7:18 PM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
Biden already tried that and it just made everyone poorer. I like my way better.
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987349) |
Date: June 4th, 2025 7:20 PM Author: Emotionally + Physically Abusive Ex-Husband
1. Once we can't raise enough money to both fund the government and pay the interest on the bonds, we'll have to default on portions of the outstanding debt.
2. ??
3. Bankrupt America
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987356) |
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Date: June 4th, 2025 7:22 PM
Author: ,.,,.,.,,,,,,.....................
The Fed will just buy our bonds before that happens, so we won't default, just inflate the debt away.
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987361) |
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Date: June 4th, 2025 7:25 PM
Author: ,.,,.,.,,,,,,.....................
I'd personally lean towards findings good real property deals. But there's an annoyance factor in dealing with that kind of stuff, so I just plan to earn enough money so I can live comfortably even with inflation.
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987368) |
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Date: June 4th, 2025 7:48 PM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
is the international court of bankruptcy run by countries whose national defenses we fund going to issue an injunction or something or can we just tell them to pound a dick?
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987403) |
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Date: June 4th, 2025 7:53 PM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
mormons?
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987416) |
Date: June 4th, 2025 7:21 PM
Author: ,.,,.,.,,,,,,.....................
A country can't be bankrupted per se by debt it owes in its own currency, since it can always print money to cover the debt. But that will cause massive inflation as sure as night follows day, so as long as you are ok with your money having much less purchasing power in the future then you should be fine with the debt.
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987358) |
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Date: June 4th, 2025 7:55 PM
Author: .,.,,.,..,,..,..,..,....,,...,.
😱
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987422) |
Date: June 4th, 2025 10:24 PM
Author: .,..,,.,.,.,.,.,..,.,.,..,..,
Idk but it sure is important to conservatives whenever they aren’t in power!
(http://www.autoadmit.com/thread.php?thread_id=5733434&forum_id=2...id.#48987819) |
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