What do you think about the US Debts?

To start this topic off you can discuss about the trillions of dollars being used to fund military but apparentally they cant afford to take around a couple billion or so to help there debt.

Discuss. Serious posts only.

 

I think that sooner or later the US will crash, and the world will be a place of horror

 

It is pretty bad out there. I mean trillions of dollars is basically impossible to just knock it off in a few years. It can take decades. Surely hope something will be done. I sometimes wish there was a better world than what we live in right now...its ridiculous how far we have gotten too. Still don't understand how they can just write off money, bills, aid, checks to people just like that.

 

What will happen to the US when countries say enough is enough. Another crash?

Too scary to think about.

 

The debt that USA is coming up with is absolutely ridiculous, have you every heard anyone mentioning world currensy? or to be more formal the "North American Act" is basically countries (canada, usa, mexico, etc) forming to build a world currency, but really this actually reduces the debt for USA and is actually *dispersed* so to speak so that the countries within that currency will split the debt, I think that this will end up happening and thats when people start going crazy

 

Considering the USA's GDP is 14 Trillion, i don't find the debt to be overly significant. Yes it is large, but so is our income. If worked correctly, it could be fixed in a relatively short amount of time.

 

The only revenue the Government makes is through taxes and that amounts to a little under 3 trillion. Profit = Revenue - Expenditure. The Expenditure of the US far outweighs any Revenue they make, and thus, it is impossible for them to repay their debt unless they pass some HUGE reforms which allow them to actually make profit. I don't really think the level of GDP means much other than how healthy the economy is.

 

To many tax cuts for big business. To hard to start a small business. We are wasting so much money on problems we obviously can't stop like the war on drugs. It takes money to make money. Republicans won't let Obama pass anything through so he can't create jobs like doing infrastructure reform. It's pretty sad. All these people play politics like its a football team. It should be like I'm republican because my dad is, so when it comes time to vote i don't even look into it and check republican. You need to research each and every person. Hell what am i saying. The whole thing is corrupt with lobbyist even if they really wanna do good they get greedy and get bought off when they get in office.

 

There isn't enough money in existence to pay off all the debt. It's the f*ed up way our system works. More money is owed on the one dollar bill in your pocket then it is actually worth.

It pisses me off sometimes when I think about how "debt", something that isn't even real to begin with, has caused more deaths then anything else in the world.

 

i'm going to quote myself here;

This is me speaking to the world; look up the federal reserve's agenda in every single world war to date, expand your mind before completely disbelieving in something; first - it starts with the taking over of politics, how? capitalism; the corporations (military industrial complex) (oil companies) - first sneak into politics "federal reserve bank" "federal government" which was never a real branch to begin with; and silently take over the economy; the media; and with it the people; they make the people mass consume in things they don't need, crippling an economy from the inside slowly, beginning with an inflation and a "don't worry our economy has never been better"; but the puppet is hated not the people really in charge;[Obama's nation is an abomination] give me 1 good reason why we're in iraq with israel just one;(other then some sh** relating to oil or religion or american made "terrorism") - now that the prices on things have gone up due to a dollar going down via debt owed (which has been stockpiled by the federal reserve since 1945) (and continually borrowing from other nations while pretending the dollar is never better) reality, inflation happens when a country is so in debt in can do nothing but mass print money not based on anything but debt; which is why the prices go up, currency has to be based on something of tangible value to be worth anything in the first place, when you mass print it, the value goes down resulting in poverty left and right, whereas say gold keeps it's value because it's finite (WE BUY GOLD AND GIVE YOU COLD HARD CASH) - but the internal monetary fund (through the federal reserve bank) can buy gold in excess out of the us national treasury at $42.20 an ounce - while we're mass consuming all we're really doing is fuelling (excuse the wordplay) america's wars, taxes and prices go up heavily as the military gains more and more power, completely opressing it's people -wake up america; we were sold out by our leaders in 1945; america is becoming a land by the rich for the rich; but look this stuff up for yourselves, please i'm begging you; before it's too late
PROTECT NORTH AFRICA; FREE PALISTINE; FREE IRAQ - STOP ISRAELI-AMERICAN TERROR START CARING FOR YOUR BROTHERS AND SISTERS OVERSEAS
A question for you - who really owns the banks? don't give me this "jew" nonsense either; zionists and jews are 2 totally different things, they just pretend to be jewish to further the hate; None are more hopelessly enslaved then those that falsely believe they are free, those who pretentiously assume they have wisdom are blind; while those that know they are fools are truly wise for they are the ones who seek knowledge; fact amungst fiction