darkman
Regular Member
- Jan 17, 2009
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US Record $14 trillion-plus debt
- Thread starter darkman
- Start date
greenleaf4u
BANNED
- Jan 18, 2010
- 762
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interesting reading
If you have a brain in economics you would completely understand that DEBT =MONEY and MONEY = DEBT. If all of that debt was paid off there would be NO money. Absolutely none. None to pay you from your IM career, none to pay your internet bill and so on. So please do recognize that American runs on the interest system. So before you start panicking. Do understand that debt is money. Meaning there is 14 trillion dollars in circulation.
If you want to learn more about economics please head over too:
youtube /watch?v=_dmPchuXIXQ
If you want to learn more about economics please head over too:
youtube /watch?v=_dmPchuXIXQ
Mr Ex
Regular Member
- Sep 13, 2009
- 368
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That's very true. The bigger the economy, the bigger the circulation is. Therefore the debt is bigger. If you search on google, you will see that small countries either have no debt or owe very little. Because their economy is small, there is no money and there is little circulation.
Mr Ex
Regular Member
- Sep 13, 2009
- 368
- 491
That's very true. The bigger the economy, the bigger the circulation is. Therefore the debt is bigger. If you search on google, you will see that small countries either have no debt or owe very little. Because their economy is small, there is no money and there is little circulation.
IamNRE
Elite Member
- Aug 18, 2010
- 7,164
- 10,718
Its like they are out to weaken the dollar so that then the only solution is to make a new currency. First for north america (usa + canada) and then with mexico and other south american countries. Just like the Euro.
Very interesting stuff. As I read more, more and more of these exaggerated theories seem to be true about a new world order/government running everything through UN etc.
Source: Amero
Very interesting stuff. As I read more, more and more of these exaggerated theories seem to be true about a new world order/government running everything through UN etc.
Source: Amero
Code:
http://en.wikipedia.org/wiki/North_American_Union
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craigslistguy
BANNED
- Oct 24, 2010
- 366
- 117
yes u are right...Big Economy = Big debt
What you dont realize is that it includes government spending..
I HIGHLY doubt the "Regular Us population" as a whole, COMBINED, would not add up to 14 trillion..
Combine all of regular peoples stuff and that is the "True" Debt if you will.
14 trill is too high even for U.S. IDC WTF they say the size of the economy is and that it "makes it ok"
Not to mention they are going to raise their "credit limit" if you will so they dont default and we go in austerity by the IMF like Greece and all those other dumb places that America is slowly turning into....
It like the forefathers predicted this Moment in history before it even happend... The one flaw of a democracy or a Free Country.......
GREED
Look at any law, any spending, ANYTHING. and there is a motive of GREED behind each and every FUCKING THING
What you dont realize is that it includes government spending..
I HIGHLY doubt the "Regular Us population" as a whole, COMBINED, would not add up to 14 trillion..
Combine all of regular peoples stuff and that is the "True" Debt if you will.
14 trill is too high even for U.S. IDC WTF they say the size of the economy is and that it "makes it ok"
Not to mention they are going to raise their "credit limit" if you will so they dont default and we go in austerity by the IMF like Greece and all those other dumb places that America is slowly turning into....
It like the forefathers predicted this Moment in history before it even happend... The one flaw of a democracy or a Free Country.......
GREED
Look at any law, any spending, ANYTHING. and there is a motive of GREED behind each and every FUCKING THING
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craigslistguy
BANNED
- Oct 24, 2010
- 366
- 117
To piggyback off of wat hex just wrote....
The national debt wouldnt be so bad if America "kept it in the family" so to say and imported what we needed "like any good budget minded person" and LEAD THE WORLD in exports instead of China.
But because we have fucking failed to "keep it in the fam" (like everything else, we help other countries first instead of our own) this is the fuckin mess we are in now
Just imaigne if Apple Inc. Had iphones "Assembled in America" instead of "Assembled in China"
Do some research and look up FoxCon (obviously Chinese)
These are the people who make Apple products.....Imagine if it was us....
The national debt wouldnt be so bad if America "kept it in the family" so to say and imported what we needed "like any good budget minded person" and LEAD THE WORLD in exports instead of China.
But because we have fucking failed to "keep it in the fam" (like everything else, we help other countries first instead of our own) this is the fuckin mess we are in now
Just imaigne if Apple Inc. Had iphones "Assembled in America" instead of "Assembled in China"
Do some research and look up FoxCon (obviously Chinese)
These are the people who make Apple products.....Imagine if it was us....
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SaraJ
Junior Member
- Jun 11, 2010
- 172
- 72
Yes every reserve note is debt and must be debt to be in circulation, BUT this does not mean that the debt has to be in the form of compounding deficits.
The larger this debt gets, the worse off it is for everyone here in America. A larger portion of the budget goes to debt management each year. This means that eventually people will be paying very high taxes for limited services.
The debt that forms money can be done on a banking level as well instead of government debt to produce money in the form of fractional reserve banking. Many countries run their money systems this way without irresponsible massive debt loads like America is doing.
craigslistguy
BANNED
- Oct 24, 2010
- 366
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What the fuck are people talking about.
What economics books have you lot been reading?
China's debt is 16% it's GDP yet it has a booming economy.
What's more important than debt is ratio of debt to gdp. If it gets too high then the country is in trouble. To simply say the bigger the debt the bigger the economy is incredibly naive.
By that understanding Greece must be a super power since it has *massive* amounts of debt.
*facepalm*
Lol i edited that after i had typed it and went "searchin" I always edit my post bout 5 times a post ahahaha to make sure im not looking like a moron....U caught me ahahah
bakxos
Regular Member
- Aug 8, 2010
- 498
- 292
First of all debt says absolutely nothing as an amount. 1 trillion for the US might be ok but half trillion for Greece is a complete disaster so you need a base for that. An example is the Debt as % of GDP. Japan is second with 190% (around), Greece has 128%, Italy 120% etc etc.
In addition, the structure of the debt (rates, when its supposed to be paid,conditions etc) are important too.
USA has massive debts but also massive production. Money brings obligations though so its ok! DEBT is not money though. Except if you consider the whole world your home so its ok.You take it from one pocket and you put it into another.
Documentaries are nice but at some point, its rather important to cross check so saying that Money=Debt and Debt=Money is really really wrong. For me your debt is money, for you its debt. I live in a different country so for you your debt is debt since i took your money and put it into a local bank. Except if you live in countries which have no interaction with other countries.
So as a conclusion,
Debt=Debt.
It can mean money but it depends.
Edit:
I forgot to say that it also depends on what kind of debt you are talking about. There is debt and there is external debt (thats evil...).
In addition, the structure of the debt (rates, when its supposed to be paid,conditions etc) are important too.
USA has massive debts but also massive production. Money brings obligations though so its ok! DEBT is not money though. Except if you consider the whole world your home so its ok.You take it from one pocket and you put it into another.
Documentaries are nice but at some point, its rather important to cross check so saying that Money=Debt and Debt=Money is really really wrong. For me your debt is money, for you its debt. I live in a different country so for you your debt is debt since i took your money and put it into a local bank. Except if you live in countries which have no interaction with other countries.
So as a conclusion,
Debt=Debt.
It can mean money but it depends.
Edit:
I forgot to say that it also depends on what kind of debt you are talking about. There is debt and there is external debt (thats evil...).
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craigslistguy
BANNED
- Oct 24, 2010
- 366
- 117
Yes, if companies didn't outsource it would greatly help the economy. A huge huge huge amount. Think of all the jobs it would create in the country. Money going to US citizens, that money then getting spent by US citizens inside the US in shops etc.
But companies companies are global entities and they care little for the economy of any 1 nation. Massive companies have their own economy they're so big. They're almost like countries themselves and so they only want to benefit their own 'country'.
They're in essence a sort of country dealing with other countries. mini-economies in the mix of world economies. The only difference between a major company and a country is the company has to base its self within the sovereignty of another nation and operate within their laws. But in terms of economics you can think of these big companies as countries with their own economy.
But when one thinks of finance on a global scale, global debt it's all about control. Debt is an illusion. There's only so much wealth available on earth. Debt is just an intricate web of wealth ownership which allows the few to control the many. Basically debt is control of people.
What does money buy you? People. I could hire someone here to write me an article, to design a web page, to do some seo. I'm paying for a slice of your time. If you're in debt to me, then your physical time is in debt to me.
Time = money
Money = time
To get money you have to spend time. Money also gets you the time of others.
So the world banks that control the money, control the time, thus control humanity.
The whole system is all just a giant farce that benefits the few but you can learn to game it and take a slice of that pie for yourself which is what we all do on this forum.
this is what being truly wealthy is people, On a subconscious level.
Subconsciously people dont want money to buy material things. They want money so they can "buy" their "time".
Which means exactly what Hex wrote.....
Ask any wealthy person what about money makes them happy...and they will tell u time.
U pay for people to wash your car, So u dont have to spend 2hrs doing it yourself. Now scale that.....That is what its like being rich..
silentthunder
Power Member
- Feb 6, 2009
- 530
- 1,348
Code:
Code:
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in a heartbeat and maybe some foreign elements want it that way. Wake up and
smell that strong coffee.
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silentthunder
Power Member
- Feb 6, 2009
- 530
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