CBO Predicts Deficit will be 200% of GDP by 2050

[Anonymous No.53939021]

I think we're kinda fucked, brehs

https://www.cbo.gov/publication/58848#section0

[Anonymous No.53939086]

Oh no, number big!

[Anonymous No.53939127]

>>53939021
>you

[Anonymous No.53939176]

>>53939127
On the contrary, I think it's a big fucking deal.

[Anonymous No.53939190]

>>53939021
majority of gov bonds will be owned by the fed. gov stops paying interest to bond holders. nothing happens, except for initially transitory money supply now being permanently roaming the system.

[Anonymous No.53939198]

>>53939176
It says debt, deficit is another thing entirely.

[Anonymous No.53939260]

>>53939198
You do realize that the likelihood of default increases, the higher the debt goes, right?

[Anonymous No.53939318]

>>53939260
Okay.

But 200% debt is different from 200% deficit, which is what you said.

[Anonymous No.53939373]

>>53939176
Sorry, I meant the first post

[Anonymous No.53939377]

>>53939318
Fine, I misspoke. Take your husband's dick out of your ass.

[Anonymous No.53939915]

There's plenty of time to hoard commodities and do the ollll switcheroo to commodity money before that happens.

[Anonymous No.53939926]

>>53939260
If you have the strongest military force on the planet, and you owe the debt primarily to yourself, it matters little that you default. Especially when you have been using Ukraine as a vassel state in a conspiracy to buy and ship gold to the NYFed since 2014.

[Anonymous No.53939952]

>>53939926
So, the debt can just go up and up without consequences? Thats pretty delusional.

[Anonymous No.53940002]

>>53939952
There's consequences, but the commodities and force of violence exports those consequences to others. It's all part of a larger credit cycle, ebb and flow in and out of credit, back into real commodities.

[Anonymous No.53940020]

>>53940002
You're on meth, dude

[Anonymous No.53940083]

>>53940020
10/10 retort, anon. Really disproved my point about how necessary the military is in ensuring obligations denominated in the fiat reserve currency is a necessary evil.

[Anonymous No.53940089]

>>53940083
You have no point, you're high

[Anonymous No.53940091]

>>53940089
Caesar conquered the germans to make them pay for Rome's debt, thus keeping the empire afloat for a little while longer.

[Anonymous No.53940110]

Japan is already over 200% and has been for decades. They haven't had a catastrophic crash yet (no their stagnation or declining birth rates are not a crash).
That's not to say that we shouldn't address that debt, just that 200% is an arbitrary round number that doesn't mean anything.

[Anonymous No.53940132]

>>53940091
Caesar never conquered the Germans. Lay off the meth, already

[Anonymous No.53940140]

>>53940132\
Read a book some time, nigger. Also I'm stone cold sober.
https://en.wikipedia.org/wiki/Gallic_Wars

[Anonymous No.53940143]

>>53940140
Thats the Gauls, not the Germans, stupid crackhead

[Anonymous No.53940149]

>>53940143
Many groups of people are informally referred to as Germans. Now you're splitting hairs.

[Anonymous No.53940171]

>>53940149
The Gauls were the progenitors of the French, along with the Franks, you ignorant quadranigger.

[Anonymous No.53940174]

>>53940149
The Gauls were Celtic, not German(ic). Caesar's skirmishes with the germans were infrequent and inconclusive.

[Anonymous No.53940184]

>>53939915
based Kaldor appreciator

[Anonymous No.53940199]

>>53940091
in a related story, i've been wondering when the US armed forces will announce a citizenship-for-service promotion for undocumented immigrants

oh wait
https://www.aetc.af.mil/News/Article-Display/Article/3311060/jbsa-assists-naturalization-applicants-welcomes-new-citizens/

[Anonymous No.53940216]

>>53940171
>>53940174
Splitting hairs and getting lost in minutia, ignoring the primary point because you're wrong. When Caesar goes after what includes a part of modern day Germany, he went after a group of people in that part of the world and used violence to export misery upon them. My main point is if you can force everyone to deal with the fact you're too big to fail, they're going to have to deal with it. This is what the IMF does in modern day situations to keep countries poor. Look into how Ukraine used credit it got from putting up farm land as collateral, how it bought gold with it, and how that gold was shipped to the NYFed.

[Anonymous No.53940218]

>>53940110
Only because Japans interest rates have been incredibly low. Thats completely different

[Anonymous No.53940225]

>>53940218
Anon...do you not think that American interest rates have been historically low for the past decade? Unironically, zoom out. We should have pivoted way before COVID was even an issue.

[Anonymous No.53940237]

>>53940225
They certainly arent anymore, thats the point. Japans 10 year is now at 0.5%, the US is 8 times of that.

[Anonymous No.53940245]

>>53940199
Pretty based to toss them into the meat grinder like that. Same should be done for people who want their college debts forgiven.

[Anonymous No.53940261]

>>53940091
It wasn't an empire until after Caesar returned from Gaul and crossed the Rubicon, idiot

[Anonymous No.53940265]

>>53940261
oy fuckin vey.

[Anonymous No.53940306]

>>53940265
Are you pulling your whole ass thesis from an article I googled from the Oklahoma Council of Public Affairs in 13 seconds? If you did, let me assuage your fears: The primary issue with the Roman economy was that it was run off slave labor. We don't run the American economy off slave labor, any slaves Americans have that participate in the economic system are doing it because Americans think it funny or because Americans think you deserve it, not because it's efficient.

[Anonymous No.53940315]

>>53940216
Completely delusional

[Anonymous No.53940317]

>>53940306
>We don't run the American economy off slave labor
But that's where you're wrong, anon. We just have a couple extra steps to obfuscate this otherwise obvious fact.

[Anonymous No.53940327]

>>53940315
America defaulted in 1971 and no one did shit about it.

[Anonymous No.53940351]

>>53940327
Now is not 1971. The US was bascially half of the world economy at that point

[Anonymous No.53940359]

>>53940351
But America still has the largest military, and America is in the process of importing gold using vassal states, so when America defaults next time it'll be well prepared for it. What's your point, anon?

[Anonymous No.53940364]

>>53940317
No, we literally don't. Slave labor is a tool for Americans to make the following things happen:
1) investors happier because line go up
2) products somewhat cheaper
3) foreign governments acclimated to American demands

Let me guess: you don't know the accounting definitions of debt and surplus. Because the accounting definition of debt and a surplus is just (Production - Consumption), and that would naturally lead you to think "Wow america consumes too much" but you're not looking at the world system as a whole and you don't understand that everything sums to zero. Because of that, overproduction somewhere on the planet leads to "overconsumption" in the US, since the excess capital from that overproduction must flow somewhere and it flows to the largest and most open financial market.

[Anonymous No.53940374]

>>53940359
My point is you'er on meth.
Also what are you hallucinating about gold and vassal states?

[Anonymous No.53940386]

>>53939021
just default already

[Anonymous No.53940397]

first time?

[Anonymous No.53940409]

america is browning so fast it'll lose the respect of the world long before any debt concerns start to matter.
think about how the world views brazil, or india. that's america in 2-3 generations.

[Anonymous No.53940411]

>>53940374
Playing too much EU4.

[Anonymous No.53940430]

>>53940409
the rest of the world is already non-white. you can't do the race essentialism shit and also say America is doomed because it will only be 40% white because thats still 40% whiter than the rest of the planet, you drooler. have some fucking consistency for once in your sixteen years on god's green earth

[Anonymous No.53940455]

>>53940430
i think you have america confused with europe. only america loves niggers, the rest of the european world outside of a couple of countries has a clear understanding of the inferiority and incapability of browns.

america will fall long before the only truly white continent on this planet even feels the effects.

[Anonymous No.53940464]

>>53940374
You keep projecting drug use and it weakens your argument and all future posts because it is ad-hominen. It is like you have no other relevant points to make to detract from my main and relevant points, so you argue pointless bullshit instead. The fact you don't know anything about Ukraine's dealings with IMF also makes you seem like a young and ignorant brat, because it's been going on for at least a decade. This is geopolitics, anon. Violence matters more than meeting your debts at the end of the day, and having commodity reserves matters more than paying your debts. Why else would Russia (or any other nation state for that matter) care about having energy, gold, and eventually Bitcoin reserves?
https://www.reuters.com/article/us-fed-accounts-intelligence-specialrepo/special-report-how-the-federal-reserve-serves-u-s-foreign-intelligence-idUSKBN19H198
https://www.reuters.com/article/uk-ukraine-politics-idUKKBN21H0J7
https://goldsilverbitcoin.com/despite-ukrainian-chaos-kiev-still-wants-gold/

>>53940364
Obligation to service debts is what makes the dollar have demand, and getting people to meet those obligations under force of violence renders them effectively as slaves. Not literally slaves, obviously, but in practice they are slaves, since they provide labor at reduced cost.

>>53940411
I don't even know what that is.

[Anonymous No.53940473]

>>53940455
Yeah, except for France and also they all stopped having children so even post-decline USA is the largest population of whitey on the planet in 2070, not even counting when eurofaggots move stateside en masse when their fucking countries collapse. read a book you cocksucker, do some fucking arithmetic

>>53940464
Thats some marxist ass thought process going on. "Oh well they're not real slaves and they aren't even debt slaves personally, but their government made some trade deals."

[Anonymous No.53940479]

>>53940464
Dude, several countries have repatriated Gold form the US already, because they lost trust already

[Anonymous No.53940501]

>>53940473
There's serious consequences for not meeting dollar denominated debt obligations, and those consequences are ultimately backed by force. Entire nations are literally debt slaves to the US, that's how it works.

>>53940479
Why do you think America cares so much about Ukraine, anon?

[Anonymous No.53940506]

>>53940501
Ukraines Gold reserves are tiny

[Anonymous No.53940522]

>>53940501
Yeah well, on a national level the slaves aren't close to a revolt point. Shit, China can't even get its shit to send arms to Russia to struggle against a tertiary, maybe even quaternary American foreign policy issue.

[Anonymous No.53940529]

This is losing trust

[Anonymous No.53940549]

>>53940529
Why didnt the US military intervene. lol

[Anonymous No.53943314]

I like to creep around my home and act like a red rabbit I don’t know why but I just enjoy doing this. Maybe it’s my way of dealing with stress or something but I just do it about once every week. Generally I’ll carry around a sack and creep around in a sort of crouch-hopping position making nibbling noises, then I’ll walk around my house and pick up various different 'trinkets' and put them in my bag while saying stuff like 'i am financially hippity hopped' and laughing maniacally in my bugs bunny voice ('trinkets' can include anything from shit I find on the ground to cutlery or other utensils). The other day I was talking with my neighbours and they mentioned hearing weird noises like what I wrote about and I was just internally screaming the entire conversation. I’m 99% sure they don’t know it’s me but god that 1% chance is seriously weighing on my mind.

[Anonymous No.53944438]

>>53939021
>2050
the singularity will happen before 2045, lmao. imagine still participating in this goy circus

[Anonymous No.53944538]

>>53940529
That's just 7%, wait till the halt withdrawals.

[Anonymous No.53944866]

>>53939021
>GDP
Fastest way to tell you are stupid. Its yearly debt service vs yearly tax revenue. Right now debt service is $250 billion.

[Anonymous No.53946299]

>>53944866
Quickest way to tell you didn’t click on OP’s link, bitch nigga

[Anonymous No.53947379]

>>53944866
debt service is approaching 1 trillion actually

[Anonymous No.53947410]

>>53940002
The US is a lot more fragile than you think. The majority of the world will turn against us, and even a huge chunk of your own citizens will turn against the US Government. We are not in the 1980s anymore Grandpa