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  • Originally posted by Hype Job View Post
    Debt to GDP ratio doesn't matter if you issue your own currency.
    I know............

    Comment


    • Originally posted by Sugar Adam Ali View Post
      Dawg, how long you need before you answer questions?

      Was Puerto Rico eliminating the corporate tax breaks good for the people? Raising taxes on corporations was good for the people?
      Lmfao!!!

      He has to reply because he can't help himself, but yet he has to duck those questions at the same time.

      Comment


      • Originally posted by Hype Job View Post
        https://fred.stlouisfed.org/series/GFDEGDQ188S

        *correction, it's 103% as of 2017, my stat was 2016.
        Good stuff, but **** we are already more ****ed than I thought..

        If true, 103% of GDP, it will be about a decade or less before we are lower tier like Mexico.


        I still doubt those numbers unless they add in municipalities and state debt and school district debt.


        For a fact national debt is about 20 trillion,

        And our GDP is 33.3 trillion

        Budget 3.65 trillion



        Not saying your info is wrong but how do they come to these numbers for federal government?

        Comment


        • Originally posted by Sugar Adam Ali View Post
          Another fine example of liberal lunacy..


          You didn't answer my question..

          WHICH IS BETTER? BANKRUPTCY OR BEING BANKRUPT?


          Which is better?
          Declaring bankruptcy is better because you don't have to pay back you debts and can start from a new.

          Comment


          • Originally posted by Sugar Adam Ali View Post
            Good stuff, but **** we are already more ****ed than I thought..

            If true, 103% of GDP, it will be about a decade or less before we are lower tier like Mexico.


            I still doubt those numbers unless they add in municipalities and state debt and school district debt.


            For a fact national debt is about 20 trillion,

            And our GDP is 33.3 trillion

            Budget 3.65 trillion



            Not saying your info is wrong but how do they come to these numbers for federal government?
            Relax, man. You keep doubting your country might.

            Comment


            • Originally posted by Sugar Adam Ali View Post
              Good stuff, but **** we are already more ****ed than I thought..

              If true, 103% of GDP, it will be about a decade or less before we are lower tier like Mexico.
              Why's that?

              Comment


              • Originally posted by siablo14 View Post
                Say they are broke instead. Bankruptcy has a legal aspect to it.
                Bankrupt doesn't have to be the legal definition of bankrupt.

                Bankrupt can be completely broke.

                As well as the legal form when declaring bankruptcy.

                I'm pretty sure he meant Bankrupt in the broke meaning. Not necessarily the legal meaning.

                Comment


                • Originally posted by siablo14 View Post
                  Puerto Rico did not institute or take away the tax breaks. Why do you keep saying that?
                  So the government doesn't set the budget?


                  Who sets the budget for Puerto Rico and who FORCED them to take out loans worth 100% GDP?


                  What evil entity forced Puerto Rico to borrow 100% GDP and enslave their people to debt?


                  We need to get those responsible and hold them accountable, right siablo?

                  Comment


                  • Originally posted by Hype Job View Post
                    Why's that?
                    Why's what?


                    What needs clarification?

                    Comment


                    • Originally posted by siablo14 View Post
                      You didn't say that?
                      Originally posted by siablo14 View Post
                      Ouch! Again? Guamainins are full US citizens, too.
                      Guamanians are us citizens too?????

                      Wtf?

                      Who isn't a us citizen???


                      Pretty soon Canadians will be us citizens.



                      Gonna start serving mayonnaise with French fries.

                      Comment

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