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What will happen if the United States never pays off its debt?

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  • 1bad65
    replied
    There's really no "if" about it.

    We'll never pay it off

    Hell, I'm getting old and all my life I've only seen debt go up and up every year.

    We never pay off a nickel of the debt. We just keep adding more and more and servicing it. It cant go on forever.

    Leave a comment:


  • Citizen Koba
    replied
    Originally posted by aboutfkntime View Post
    your creditors will recover the debt by acquiring your natural resources, just like in any other country... why would the US be any different?

    why do you think the radical left persist with ridiculous spending practices?

    Obama should be burned at the stake for the treason that he committed

    and before you... b,b,b,b,but... read, " confessions of a political hitman "

    debt, is how countries are over-thrown... not war

    The United States of America West-China, is now in a BIG trouble with Biden steering the ship
    I'd second that recommendation. Good book.

    Leave a comment:


  • siablo14
    replied
    Originally posted by HitmanTommy View Post
    It's currently 27 trillion dollars. Chart doesn't include 19 and 20.

    What will happen if the debt never gets paid?

    As long as folks gobble up US bonds, no worries.

    Leave a comment:


  • aboutfkntime
    replied
    Originally posted by Tomjas View Post
    Nobody has forgotten that you’re a little coward *****




    says the coward who was too chicken to accept the bet

    nobody respects you, Beijing Bunghole... crawl back to your hole LMAO





    Leave a comment:


  • Zaroku
    replied
    Not-A ****ing thing...

    I worked in high finance

    Nothing except exchange rates
    And Biden granting more exemptions and overlooking Chinese aggression towards voices of dissection and China korns Filipinos over without a condom or a reach around

    Leave a comment:


  • BodyBagz
    replied
    We owe China a lil over a trillion dollars

    1 Chinese yuan = $0.15 USD

    ''If China Called in Its Debt Holdings
    China's position as America's largest banker gives it some political leverage. It is responsible for lower interest rates and cheap consumer goods. If it called in its debt, U.S. interest rates and prices would rise, slowing U.S economic growth.

    On the other hand, if China called in its debt, the demand for the dollar would plummet. This dollar collapse would disrupt international markets even more than the 2008 financial crisis. China's economy would suffer along with everyone else's.''

    https://www.thebalance.com/u-s-debt-...it-own-3306355

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  • TJ highway
    replied
    We will borrow from China. Just like Uncle Joe got a 10 million interest free lone from Beijing via Hunter.

    Hey Hunter do they have high quality cocaine in China?

    How does it feel to do lines on Air Force One?

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  • Beercules
    replied
    Originally posted by Eff Pandas View Post
    China is gonna knock on our door & we will have be quiet & pretend we aren't home.
    I'm pulling an Anne Frank.

    Leave a comment:


  • Beercules
    replied
    Originally posted by GGG Gloveking View Post
    Yeah, I'm being smarter next time.

    Won't sheit worth taking at the Capitol, except a laptop this girl beat me to

    I'm starting a GoFundMe for her bail. She's kind of cute. I want to hit that crazyness

    Originally posted by Szef View Post
    China will seize your porch and your homies
    instead of smoking blunts and drinking 40's it'll be making Nikes and brain storming on how to **** the United States even worse.




    Last edited by Beercules; 01-22-2021, 09:54 PM.

    Leave a comment:


  • OldTerry
    replied
    Originally posted by 4truth View Post
    devalue the dollar to the point where paying that debt is less of a problem.

    I don't actually know how it works but that seems logical to me.
    That's what Germany did when their they were driven into bankruptcy by the victorious nations after WWI. It worked too.

    Leave a comment:

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