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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56408824 No.56408824 [Reply] [Original]

Not 100k per adult, or 100k per worker, or 100k per taxpayer.
100k per man, woman, child, and degenerate furry otherkin with American citizenship.
Also, as of today, the interest the government pays on the debt is the highest it has been in over 16 years.
Oh but don't worry, Uncle Sam is solving this problem with unlimited commitments of spending to not one, but two major land wars in Eurasia.
The extent to which we are totally fucked would be hard to overstate.

>> No.56408843

It's ok bro, I'm making $14 everyday from snakecoin just settle down and exit society

>> No.56408850

Remember to thank the next boomer you see

>> No.56408864

>>56408850
I work at a gas station. Seeing boomers is all I do. I have a phD in getting boomered

>> No.56408870

You should watch this, anon:
>https://www.youtube.com/watch?v=7RLfKaxH-Og

>> No.56408876

>>56408824
Literally doesn't matter so long as the government can service interest payments
>Also, as of today, the interest the government pays on the debt is the highest it has been in over 16 years.
So it's been even higher than this and nothing happened, yawn.

>> No.56408878

I really do wonder if we'll see the reckoning day of this in our lifetime or if they're just going to infinitely keep inflating our currency and kicking the can down the road

>> No.56408917

>>56408878
>if they're just going to infinitely keep inflating our currency
Of COURSE they're going to do that you fucking retard

>> No.56408931

>>56408876
>A 50% price drop in what was supposed to be the safest asset in investors' portfolios.
>Nothing happens, yawn.
Never change biztard

>> No.56408940

>>56408824
You will pay all your life for this debt, and when you've paid half your money will collapse to zero, if you complain you will be judged and put to prison

>> No.56408989

>>56408824

>falling for the debt clock meme

Couldn't even imagine being this much of a rube lel

Omg the number is so high we better act quick and vote for austerity for the working class and tax cuts for billionaires lmao

>> No.56409009

>>56408989
>higher debt is solved with billionaire tax cuts
Take your meds even commies dont say this lmao

>> No.56409020

>>56408989
>"politicians will misuse a crisis to pursue their own aims"
>"therefore the crisis isn't real"
Same logic as the boomertards who think climate change is fake.

>> No.56409023

>>56408824
rising interest rate = more interest payment
issue more bonds = get more money = pay for interest payment
more bonds = more interest payment = need more issuance
keep issuing bonds = rinse and repeat
death spiral... I mean, refinancing

>> No.56409027
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56409027

>>56408870
We're heading in to WWIII

>> No.56409042

>>56409009

Right wingers unironically say this, because they'll "create jobs" lmao

Obviously commies don't think tax cuts for billionaires is the answer, wtf does this even mean you dumbass

>> No.56409056

>>56408870
cheers anon

>> No.56409058

>>56409020

No because climate change is real, it affects reality. The debt clock is arbitrary numbers on a screen designed by elites to scare rubes like you

>> No.56409059

>>56409042
>Obviously commies don't think tax cuts for billionaires is the answer
>they just wanted Bernie Sanders because....BECAUSE THEY JUST DID. OK??!?
MEDS. NOW.

>> No.56409065

>>56408917
This. Politicians will never fix it because most they can choose to make it not their problem. That said I don't think the world will put up with this forever, dollar losing world reserve status seems inevitable at some point. Couldnt tell ya when.

>> No.56409081

>>56409059

Bernie is a socdem not even close to a commie

Also he wanted to raise taxes for billionaires not cut them you retard

>> No.56409091

>>56409081
>trusting a jews word
MEDS

>> No.56409098

>>56409091

Check and mate

>> No.56409122

>>56409098
>all politicians are crooked liars that say anything to get or stay in office
>EXCEPT JEW SANDERS HAHA CHECK LE MATE
ITS DA MEEEEEEEEDS

>> No.56409137
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56409137

should i sell my car and get rid of all my debts before the big economic crisis? or will people with debt be rewarded???

>> No.56409149

>>56409122
Ignore the brainwash shabbos goy, he's beyond saving. His brain has been thoroughly raped by judaism.

>> No.56409156
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56409156

>>56408824
Just own bitcoin and stuff like this won't concern you anymore.

>> No.56409175

>>56409081
>>56409091
Bernie is one of the good ones like Bobby Fischer

>> No.56409211
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56409211

>>56409175
>Bernie is one of the good ones like Bobby Fischer
That's what they all say...