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/biz/ - Business & Finance

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19913746 No.19913746 [Reply] [Original]

> The level of U.S. government debt is set to explode to more than twice the size of the entire economy

>> No.19913760

>>19913746
>2050
who cares

>> No.19913832
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19913832

debt is meaningless if the loaner can't collect because I have guns. Imagine going to a loan shark, taking as much as possible at whatever insane interest rate they want and investing it in tougher and better trained enforcers than he has. Technically I'm still in debt to him just like technically he's still man even though his cock and balls have been rammed down his throat.

>> No.19913966

we have nukes, try to collect niggas

>> No.19914015
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19914015

>>19913746
We have like trillions in unfunded liabilities m8 what the fuck did we expect exactly? Fucking retarded ass government programs and wars.

>> No.19914242
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19914242

>>19913746
>>19913760
The problem is that unlike Japan, which has a healthy high-tech industry, the only use-case for the USD is to buy US government debt and US stocks. Japanese yen can be used to buy both consumer goods and high-tech components, US dollars mayby you can buy basedbeans and corn, US doesn't really export manufactured goods.
If faith in US debt degrades, that is a huge amount of dollars which people will want to convert to their native currencies instead. If the same happens for US stocks, that is even more destructive to the value of the US dollar.

>> No.19914294

>>19913746
Probably earlier, we are already at 130% gdp to debt. A 200% debt to income is a death signal. That depends on what government and Fed does now and during the demographic collapse.

>> No.19914366

>>19913746
Implying its not already there

>> No.19914490
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19914490

>>19914294
>That depends on what government and Fed does now and during the demographic collapse
We're so fucked anons

>> No.19914662
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19914662

>>19914242
>Japan, which has a healthy high-tech industry

>> No.19914692

>>19914242
What the fuck are you smoking, Japan snubs innovation unlike the US.

>> No.19914833

Trump will be blamed by the history books and will be remembered as the worst president of all time.

>> No.19914850

>>19913760
This. I'll probably be dead by then anyway.

>> No.19914946

>>19914833
I'm not MIGA but this shit has been inevitable for decades now, only thing I really blame him for is not doing shit about the riots and selling out to the swap he promised to drain

>> No.19915014

>>19914692
Lol no, Japan can only do incremental innovations the inventions behind which are all stolen from Western universities anyway

>> No.19915442

>>19914242
>japan
>high-tech
Are you a time traveler from the 80s?

>> No.19915479

>>19913746
>people are blaming Trump and not the immigration act of 1965
Shiggy.

>> No.19915749

>>19914662
They have a trade surplus unlike memerica

>> No.19916159

>>19913746
Err yeah except AI is about to nuke productivity sky fucking high, we can literally just run debt as high as we like from here on in