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Message Subject the u.s. Economy is in Full Recovery!!!!!
Poster Handle Marxist
Post Content
Look at the mortage market you tool.
It is run by buy to let millionaires...jeeze some people are so financially illiterate.

Now think about the sovereign debt of the USA.

16 trill. Moving up fast.

How will this be paid back?

For this to be paid back the US would have to grow and an incredible rate, something like 12% a year for the next 20 years - nearly unheard of.

 Quoting: Anonymous Coward 22274076

The US debt, like all government debt worldwide, is being funded by labour surplus worldwide, of which there is ample. Show me one person who is really prepared to forego consumerism in this day and age, and thats not counting the billions who wish to join those ranks.
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