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National debt surpasses $26 trillion

 
Anonymous Coward
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08/08/2020 06:59 AM
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National debt surpasses $26 trillion
National debt surpasses $26 trillion

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Anonymous Coward
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08/08/2020 07:01 AM
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Re: National debt surpasses $26 trillion
National debt surpasses $26 trillion

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 Quoting: Anonymous Coward 79022352


Gold Re-valuation should sort that out.
Anonymous Coward
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08/08/2020 07:04 AM
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Re: National debt surpasses $26 trillion
ah no
Anonymous Coward
User ID: 77728230
Netherlands
08/08/2020 07:13 AM
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Re: National debt surpasses $26 trillion
Almost every problem in the US is caused by the government.

Rents and medical care are expensive because of regulations.

The economy is collapsing because everyone is under house arrest.

Tuition is expensive because of student loans.

The debt is increasing because of wars and welfare.

Airline tickets are expensive because foreign airlines cannot fly domestic routes.

Puerto Rico couldn't recover from a hurricane faster because of the Jones Act.

Prisons are crowded because everything is illegal.

Families fall apart because females marry the state instead of a man.
Anonymous Coward
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08/08/2020 07:32 AM
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Re: National debt surpasses $26 trillion
National debt surpasses $26 trillion

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 Quoting: Anonymous Coward 79022352


it was 26 BEFORE Covid and the multi trillion budgets.
its at at least 30
Anonymous Coward
User ID: 77544818
United Kingdom
08/08/2020 07:37 AM
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Re: National debt surpasses $26 trillion
It's all monopoly money anyways, just go into the computers and change it to zero.
BRIEF

User ID: 39607259
United States
08/08/2020 08:00 AM

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Re: National debt surpasses $26 trillion
National debt surpasses $26 trillion

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 Quoting: Anonymous Coward 79022352


How much is our oil reserves worth?
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward (OP)
User ID: 79022352
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08/08/2020 08:10 AM
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Re: National debt surpasses $26 trillion
WTF?

The entire country is committing suicide.

Americans scream North Korea is evil for having torture and nuclear weapons, but the US
also tortures and has nuclear bombs.

Americans swear Obama was an asshole for supporting wars, debt, and the police state, but Trump also loves wars, debt, and tyranny.

Americans say tyranny is wonderful, but Americans are completely unable to explain why the suicide rate is soaring.

The very same Americans who insist Cuba is a shithole then turn around and say that the USA should become Communist.
Anonymous Coward
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08/08/2020 08:18 AM
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Re: National debt surpasses $26 trillion
Almost every problem in the US is caused by the government.

Rents and medical care are expensive because of regulations.

The economy is collapsing because everyone is under house arrest.

Tuition is expensive because of student loans.

The debt is increasing because of wars and welfare.

Airline tickets are expensive because foreign airlines cannot fly domestic routes.

Puerto Rico couldn't recover from a hurricane faster because of the Jones Act.

Prisons are crowded because everything is illegal.

Families fall apart because females marry the state instead of a man.
 Quoting: Anonymous Coward 77728230


clappa

Yep! Absolutely correct!

Government creates the so-called problems.

Government creates the so-called research.

Government creates the so-called answers.

There is a cost (tax) for all steps involved...

Rinse.

Repeat.
BRIEF

User ID: 39607259
United States
08/08/2020 08:20 AM

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Re: National debt surpasses $26 trillion
If you hate America, fucking leave!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
GLP Effect

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08/08/2020 08:21 AM

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Re: National debt surpasses $26 trillion
It will never be paid back.
Aliens don't exist!
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BRIEF

User ID: 39607259
United States
08/08/2020 08:22 AM

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Re: National debt surpasses $26 trillion
It will never be paid back.
 Quoting: GLP Effect


The holders of the debt earn interest...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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08/08/2020 08:25 AM
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Re: National debt surpasses $26 trillion
If you hate America, fucking leave!
 Quoting: BRIEF


Trump was elected by saying $24 trillion in debt was the key number that would lead to ruin. Do you support 2016 Trump or 2020 Trump?


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Anonymous Coward
User ID: 77728230
Netherlands
08/08/2020 08:25 AM
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Re: National debt surpasses $26 trillion
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out
too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.
BRIEF

User ID: 39607259
United States
08/08/2020 08:40 AM

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Re: National debt surpasses $26 trillion
If you hate America, fucking leave!
 Quoting: BRIEF


Trump was elected by saying $24 trillion in debt was the key number that would lead to ruin. Do you support 2016 Trump or 2020 Trump?


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 Quoting: Anonymous Coward 79242357


Trump is a salesman and you have to read through what he says...yes debt is bad, but we have plenty of assets to back it up...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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Netherlands
08/08/2020 08:45 AM
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Re: National debt surpasses $26 trillion
Americans are so batshit insane now that they scream anyone who supports
peace, freedom, and balanced budgets hates the USA.
Anonymous Coward
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08/08/2020 08:51 AM
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Re: National debt surpasses $26 trillion
MAGA
Achduke7

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08/08/2020 08:54 AM

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Re: National debt surpasses $26 trillion
It will never be paid back.
 Quoting: GLP Effect


The holders of the debt earn interest...
 Quoting: BRIEF


You mean the federal reserve? That is how they get paid but expect hyperinflation.
Achduke
Anonymous Coward
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08/08/2020 09:01 AM
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Re: National debt surpasses $26 trillion
Americans scream that there would be no downsides if the US defaulted on the debt, but wouldn't China and Japan be angry about not getting their money back?

Will businesses and Americans who bought US bonds be upset about being ripped off? Wouldn't companies who get fleeced need to lay off workers and
shut down?
Anonymous Coward
User ID: 79214243
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08/08/2020 09:09 AM
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Re: National debt surpasses $26 trillion
All by design, thank you Anthony Fauci and your shitty COVID-19 lockdown advice to the president and congress.

Meanwhile mining asteroid Psyche 16 by the SSP consortium, record profits are skyrocketing through the atmosphere!


The golden goose asteroid - [link to www.outerplaces.com (secure)]
Anonymous Coward
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08/08/2020 09:10 AM
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Re: National debt surpasses $26 trillion
At this point we're bleeding them out trying to be the major economy left standing.
Anonymous Coward
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08/08/2020 09:10 AM
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Re: National debt surpasses $26 trillion
If you hate America, fucking leave!
 Quoting: BRIEF

clappa
Anonymous Coward
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08/08/2020 09:12 AM
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Re: National debt surpasses $26 trillion
You can't get to the new system and new world order without killing off the old system.


Hence why the debt was ran up.
Anonymous Coward
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08/08/2020 09:16 AM
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Re: National debt surpasses $26 trillion
It will never be paid back.
 Quoting: GLP Effect


The holders of the debt earn interest...
 Quoting: BRIEF


next to zero if you're the one buying now
and soon to be less then zero
so put that in your pipe and smoke IT.
Anonymous Coward
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08/08/2020 09:19 AM
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Re: National debt surpasses $26 trillion
Will businesses and Americans who bought US bonds be upset about being ripped off? Wouldn't companies who get fleeced need to lay off workers and
shut down?
 Quoting: Anonymous Coward 77728230


Thank goodness people smarter and more knowledgeable than the average GLPer are in charge of this stuff.

The total debt of the United States is about $26 trillion. Of that, $19.2 trillion is comprised of intragovernmental holdings (think: Social Security IOUs) and Treasury bonds, notes, and bills held by American institutions and individuals. So, 74% of our debt remains within our border.
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Anonymous Coward
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08/08/2020 09:19 AM
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Re: National debt surpasses $26 trillion
Americans are so batshit insane now that Americans scream printing money will solve
every problem because debt made Zimbabwe rich.
Anonymous Coward
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Canada
08/08/2020 09:21 AM
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Re: National debt surpasses $26 trillion
You can't get to the new system and new world order without killing off the old system.


Hence why the debt was ran up.
 Quoting: Anonymous Coward 77772531


they are hoping for default, it's what they do.
Bankrupt for Dummies.
Live like a Trump, bankrupt like a trump.
NDFarm

User ID: 78320702
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08/08/2020 09:21 AM
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Re: National debt surpasses $26 trillion
And trump did say he would balance the budget quickly. LOL
BRIEF

User ID: 39607259
United States
08/08/2020 09:22 AM

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Re: National debt surpasses $26 trillion
It will never be paid back.
 Quoting: GLP Effect


The holders of the debt earn interest...
 Quoting: BRIEF


You mean the federal reserve? That is how they get paid but expect hyperinflation.
 Quoting: Achduke7


No, there are many different creditors to the US...


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I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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Canada
08/08/2020 09:26 AM
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Re: National debt surpasses $26 trillion
And trump did say he would balance the budget quickly. LOL
 Quoting: NDFarm


wtfdid
Anonymous Coward
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08/08/2020 09:28 AM
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Re: National debt surpasses $26 trillion
National debt surpasses $26 trillion

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 Quoting: Anonymous Coward 79022352


But but but trump debt is good debt !

Trump gave a bunch of that to bill gates





GLP