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National Debt To Surpass $78 Trillion By 2028: What It Means For Americans

 
Anonymous Coward
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08/17/2020 05:11 AM
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National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
National Debt To Surpass $78 Trillion By 2028: What It Means For Americans

[link to www.forbes.com (secure)]
Anonymous Coward
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08/17/2020 05:12 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
Those trillions are imaginary.

If we collectively stop believing in it, it will effectively disappear.

No wealth has disappeared.
Anonymous Coward (OP)
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08/17/2020 05:29 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
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.

[link to www.campidiot.com (secure)]
Anonymous Coward
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08/17/2020 05:48 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
Probably don't buy bonds. Buy plane tickets or a sailboat.
Anonymous Coward
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08/17/2020 06:04 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
For America and the World - $47,000/oz Gold
Agent of Light

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Nigeria
08/17/2020 06:14 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
National Debt To Surpass $78 Trillion By 2028: What It Means For Americans

[link to www.forbes.com (secure)]
 Quoting: Anonymous Coward 77760470


Dollar will collapse in October. There is no getting to 2028.

Anonymous Coward
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08/17/2020 06:52 AM
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Re: National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
One reason Rome was so successful was because Rome allowed everyone in the lands they conquered to have Roman citizenship. If Iraq, Syria, Somalia, Afghanistan, Greenland, or Puerto Rico became US states then they could all be US citizens.

One good thing about 3rd world countries is bribery. Every country is a police state, but developed countries like Sweden have little corruption. In a 3rd world nation you could just pay a bribe to start a business.

Americans scream anyone who opposes war, debt, and tyranny should not be allowed to get welfare.

As tyranny rises, resistance will increase.

Random mass shootings in schools and movie theaters by nutjobs will soon become targeted hit and run attacks on government buildings and police checkpoints.

When the US Ponzi economy implodes, banks will close, the FDIC will not be able to cover bank losses, your ATM card will not work, there will be inflation and wage deflation, companies will close, layoffs will soar, homelessness will rise, the government will raise taxes, there will be bail-ins, cash might be banned, gold might be outlawed, and capital controls.

The electricity and water may not work.

Riots will break out.

The government will respond by banning protests, shutting off the Internet, closing churches banning guns, having warrantless home searches, forfeiture will rise, the police will torture, the border will be shut, concentration camps will be opened, jury trials will be ended, elections will be canceled, and property might be nationalized.

Secession will be considered.

Civil war will break out. A race war might happen. Militias will become armies. Rogue US soldiers may join the rebels and give advice, inside info, and equipment. Foreign countries may arm US patriots. Rebels might seize US army bases and gun factories.

The US government will try to start WWIII with North Korea, China, Russia, and Iran to distract Americans.

The future is certain. All that is unknown is the timeframe. Will the elites manage to kick the debt can down the road 2, 5, 10, or 30 years?

Americans must start buying guns, gold, and food today or leave the USA.





GLP