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/biz/ - Business & Finance

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12085010 No.12085010 [Reply] [Original]

Is this sustainable?

>> No.12085030

>>12085010
More than sustainable. We should be at least twice that rn. We gotta bump those numbers up

>> No.12085038

The Federal Reserve and Treasury have many PhDs and computers. They know what they're doing, big guy.

>> No.12085044
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12085044

>>12085010
>refuse to work
>college is a scam
>usd is a scam
>crypto crashes stays dead
> suddenly cares about geopolitical issues
Is this how /biz/ becomes SJWs

>> No.12085056

Buy gold bitch boy

>> No.12085105

As long as the government keeps paying the interest, sure.

>> No.12085124

>>12085105
>the thing that sustains temporarily is sustainable
Ok anon

>>12085044
What do you think a failed bond auction will do for the markets?

>> No.12085186

I don't care anymore I'm not even America. I want the levy to break to teach every other nation a lesson. Problem is of course everyone will just blame Trump so whatever. What can you do? These things happen and we're just a history lesson in the end

>> No.12085190

>>12085010
Maybe

>> No.12085204

>>12085010
Yes. Don’t worry about it. Whatever you do don’t buy gold.

>> No.12085236

>>12085186
>We're just a history lesson in the end.

Damn, I agree

>> No.12085472

>>12085010
according to gold’s shitty behavior today, yes

>> No.12085525

>>12085010
I'm from 2120. We measure national debt in quadrillions now.

>> No.12085529
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12085529

>>12085038
>phds

>> No.12085571

>>12085529
Except hyperinflation.

Gold coins will be worth a trillion dollars by the early 2020s

>> No.12085585
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12085585

>>12085529
>inflates your currency

>> No.12085608

>>12085525
What’s price Of link in 2120??

>> No.12085645
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12085645

>>12085010
FREEE MONEY RIDE NEVER ENDS OP GET ABOARD THE GRAVYYY TRAAAAIN

>> No.12085660
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12085660

>>12085529

>> No.12085669

>>12085529
That sounds like
>Whatcouldpossiblygowrong?.jpeg

>> No.12085674
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12085674

>>12085660

>> No.12085682
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12085682

>> No.12085722

Yes it is people who get asspained about national debt literally don't understand economic theory. Pretty much every country in the world runs on a deficit. The debt itself doesn't matter, what does is the ability to have confidence that you can make payments so you can take more loans at a less interest rate.

>> No.12085732

>>12085010
> you haven’t been longing us debt x100 leverage?
Never gonna make it

>> No.12085863

>>12085010
>nation with fuck all taxes by 1st world standards
>Sustains it's 1st world status through massive debt
Why do taxes=bad, but debt=good? Are americans this dumb?

>> No.12085910

>>12085722
>The debt itself doesn't matter, what does is the ability to have confidence that you can make payments so you can take more loans at a less interest rate.
And the US can't. It makes payments for loans two ways:
Takes out more loans.
Sells promises to give money (bonds) down the line.

US government income is and will be growing at an exponentially lower rate than debt expansion. Anyone who thinks the US can service debt forever is not basing their opinion on fact. US debt is a hot potato, and smart people know and will be the first to get rid of it before it becomes worth nothing as people understand that it is impossible to pay it back without debasing the currency at brazil/venezuela levels. All the current debt the US sells right now is tantamount to promises of paying it back in the future through hyperinflationary minting.