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/biz/ - Business & Finance

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File: 42 KB, 1168x470, debt graph.png [View same] [iqdb] [saucenao] [google]
15961433 No.15961433 [Reply] [Original]

Is the national debt actually a problem we should be concerned about?

>> No.15961435

>>15961433
No. Debt is money we owe to ourselves.

>> No.15961440

>>15961433
No because I'm not american. fuck amerisharts

Death to America

>> No.15961441

>>15961433
Literally nothing would change.
The entire system is based on nothing anyways.

>> No.15961447

literally means nothing
This is how companies operate and always will

>> No.15961448

>>15961435
if that was true, the government would be sending me a check every month

>> No.15961506

The money isn't real so neither is any debt tied to it.

>> No.15961516

>>15961447
Not really. High debt is harmfull to companies.
Don't buy papers from companies from companies with high debt.
That's not what OP meant though. He was talking about public debt.
>>15961506
The money is real because the people think it is

>> No.15961523

>>15961506
the money is not real but the assets are. and whos gonna own them we the defaults start

>> No.15961525
File: 155 KB, 1000x967, 1535481544199.jpg [View same] [iqdb] [saucenao] [google]
15961525

>>15961435
ppppffffffthahahahahaha
came here for this
fpbp

>> No.15961541
File: 40 KB, 374x124, Screen Shot 2019-10-18 at 12.29.52 PM.png [View same] [iqdb] [saucenao] [google]
15961541

No, debt to GDP isn't really that alarming. Pic related though, goncern yourself

>> No.15961547

>>15961433
Nah why do you think we go to war? Imperialism has more pros than cons

>> No.15961555

If push comes to shove we will just face a hard reset and things will slowly work their way to where they are now. It will be a bad thing for those who are below a certain economic level no doubt. But, the train can't be fucking stopped.

>> No.15961557

>>15961547
>>15961547
If you're a billionaire, of course

>> No.15962174

>>15961433
Not for financially sovereign nations (those that issue their own currency and let the market set its value. Those include the USA, despite your being in the unusual position of not technically owning your central bank.

It's only if you use someone else's currency (like Greece and Spain) or if you try to fix your currency's value (like Argentina and Venezuela did to the US dollar) or you borrow in a currency other than the one you use (like many countries did in the 1970s and '80s) that your debt becomes a problem.

>> No.15962230
File: 31 KB, 633x758, 12564537374532456.jpg [View same] [iqdb] [saucenao] [google]
15962230

Debt will always eventually be paid through inflation.

>> No.15962467

>>15961440
Says the 3rd world europoor