US National Debt 😓
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The National debt for the US is now just over 15 trillion dollars. Wow. Do you guys ever think the debt for the US will ever be paid off? I don't.
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No. If you took every single dollar from every man, woman, and child in this country, and paid off our debt it still wouldn't be enough.
Our banking firms have loaned as much as 32 times the amount of tangible money they had to clients. This was allowed to happen by the Federal Reserve Bank, who due to pressure by Wall Street, did away with the red tape regulations that were in place to keep banks, and itself from just simply making money out of thin air.
Imagine you were allowed to print as much worthless money as you want, and loan it to people who weren't aware it was worthless. Then get them to sign contracts which allows you to take their homes and possessions when they can't give you real money to replace the worthless money you gave them. You are just making money out of thin air, and taking real things from people for it.
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They make a call to the Fed. The Fed type the new requested amount in a computer. That new amount becomes what the banks loan to people. The number they just made up which is backed by nothing, is what they loan. So when you can't pay back the loan, they take your home. Even though the money they gave you wasn't even theirs!!!!
And if that's not bad enough, America is in the process, AS I TYPE THIS, of borrowing money from China.... In order to pay it's debt.... To CHINA! How fucking broken are these bankers and politicians?
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I wish I lived in Canada
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👆👆 lol yup
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Wow.. Greenman has a point and Jeff.. same here.
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This economy is designed to fail. All the banks are just zombie banks going through the motions. They already failed. They are just waiting for the go ahead to all fail at once so it's a great big show for the 6 o'clock news. Because the economy HAS to fail. It's the plan. If everyone isn't sufficiently afraid by all the banks failing at once, and whatever else is going to happen, how are they ever going to make a more globalized world?
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💚ǤƦєɛɲՊɑɳҳ℘ℎıƖҽ wrote:
Yeah but what if the plan failed and banks succeded..This economy is designed to fail. All the banks are just zombie banks going through the motions. They already failed. They are just waiting for the go ahead to all fail at once so it's a great big show for the 6 o'clock news. Because the economy HAS to fail. It's the plan. If everyone isn't sufficiently afraid by all the banks failing at once, and whatever else is going to happen, how are they ever going to make a more globalized world?
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Land of the free!! 😜hahah sorry.
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There was a great book I read once called The Naked Communist. It disturbed me. I then read a book called The Naked Capitalist. It scared the $h@t out of me.
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The point people sometimes miss regarding the "New World Order" conspiracy, is that it's pretty much inevitable, and actually a bit necessary for civilization to progress. A world wide economic collapse is the perfect situation to initiate a worldwide reboot. Rebuild the world economy from the ground up. It may seem like Russia, China, EU, and America, are sometimes uneasy with one another, but it's just a show. They have been working towards this for a long while now.
Think about it. A one world government is only a bad thing when its a police state. Look at Star Trek! The Earth federation only started as a world government. One nation didn't have the resources to build those ships alone. Imagine if we applied the resources of the entire planet towards a space project!
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💚ǤƦєɛɲՊɑɳҳ℘ℎıƖҽ wrote:
Can't argue with you there.The point people sometimes miss regarding the "New World Order" conspiracy, is that it's pretty much inevitable, and actually a bit necessary for civilization to progress. A world wide economic collapse is the perfect situation to initiate a worldwide reboot. Rebuild the world economy from the ground up. It may seem like Russia, China, EU, and America, are sometimes uneasy with one another, but it's just a show. They have been working towards this for a long while now.
Think about it. A one world government is only a bad thing when its a police state. Look at Star Trek! The Earth federation only started as a world government. One nation didn't have the resources to build those ships alone. Imagine if we applied the resources of the entire planet towards a space project!
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nope. it will be the usa's downfall.
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Few seldom can. I'm great at making completely random drunken thoughts sound inspiring and rational. Ive been called a drunken, philosophist, scholar, word smith, and intellectualist on more than a few times lol. I honestly just enter this mode where I remember everything I've ever read, and apply that to a ideal that's often better than all the other people's at the party.
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💚ǤƦєɛɲՊɑɳҳ℘ℎıƖҽ wrote:
You are missing the idea of the riots and massive looting that is bound to happen when the economy fails..
And whos gonna listen to the government? They have no money to pay wages now. No police, no hospital service. It would be chaos.And who's gonna trust them with the new economy after they messed up the last one? Who's even gonna bother rebuilding what they earned in the last place?
I know I've been saving my pocket money and part time wages to save up a rather large amount for university, a house or even a car for the future. Why would I even bother rebuilding the amount I'd saved before? I mean I lost the last one, what stops me from losing the next lot?
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That was the point in Carillon Quigley's book Tragedy and Hope. However, the only way to make the NWO work is under a police state. It is the natural disposition of all men once they obtain power and authority over other men to abuse that power for self gain. It is time we stopped seeing the world through rose colored glasses and see the world as it really is. The world is too wicked to have a New World Order work properly.
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Carol Quigley. Stupid auto correct.
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@ǤƦєɛɲՊɑɳҳ℘ℎıƖҽ
If you haven't already seen it look up the Denver airpot conspiracy on YouTube, it talks about for our planet to have a single government the population has to be down to 2 billion and that's where the video comes in.
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China communist so the government gets all the peoples $$$
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I'd you had just one trillion dollars and spent one dollar a second it would take about 37,000 years to pay it off. And that's jus one, we're fifteen in the hole.
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cj brown wrote:
You can say that kinda stat about a ton of stuff. The first week after star wars the old republic came out, players logged collectively, 35thousand years, and killed 17 trillion NPCsI'd you had just one trillion dollars and spent one dollar a second it would take about 37,000 years to pay it off. And that's jus one, we're fifteen in the hole.
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You know what's relevant to this thread, and surprising? The EU is in bigger debt than the US.
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RANK
COUNTRY DEBT - EXTERNAL DATE OF INFORMATION
1 European Union
$ 16,080,000,000,000
30 June 2011
2 United States
$ 14,710,000,000,000
30 June 2011
3 United Kingdom
$ 9,836,000,000,000
30 June 2011
4 France
$ 5,633,000,000,000
30 June 2011
5 Germany
$ 5,624,000,000,000
30 June 2011
6 Japan
$ 2,719,000,000,000
30 June 2011
7 Italy
$ 2,684,000,000,000
30 June 2011 est.
8 Netherlands
$ 2,655,000,000,000
30 June 2011
9 Spain
$ 2,570,000,000,000
30 June 2011
10 Ireland
$ 2,357,000,000,000
30 June 2011 -
I love how the Brits always blame the US fully for the economic collapse, yet their little island is in for nearly 10 trillion themselves! And they are a fraction of the size of the US! How are you Brits that indebt when we are the ones fighting all the wars?
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God bless Australia! But if these morons keep going it won't be long till we're in the same boat.
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I dont blame the u.s and I'am from the uk,I blame labour who was incharge of the uk for over 10 years ,Tony Blair made apsolute stupid choices , banks in the uk were giving people massive mortgages loans credit cards etc when these people asking for those earn 5 pound an Hour! Peolple at the top made really bad decisions and now it's people like me trying to keep my business a float because big wigs at the top messed around with honest people's money, and now we are in this mess and I honestly don't think we will ever get out of it!
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Reminds me of a story I heard...
A Swedish tourist hopped off the island ferry at the port of Paros, Greece. She heads to the nearest inn and asks for a room. The owner tells her he has a room available at the rate of €100/night. She places the money on the counter and goes with the owner to check out the room.Whilst there the owners wife takes the €100 and rushes off to the butcher to pay for last month's meat delivery. The butcher thanks her and takes the money to the mechanic to pay for the repairs done to his car the week before. The mechanic takes the money and goes to the local tavern to pay off the prostitute he has been visiting the past few weeks. The prostitite takes the money to the inn to pay for the rooms she's been renting by the hour.
A couple of minutes later the owner returns to the lobby with the Swedish tourist. She didn't like the look of the room. She thanks the owner for his time, takes back the €100 bill, and walks out through the door.
Makes perfect sense.
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I have a Question..What are YOU doing for the economy except post HERE? Ik that can be turned on me but hey answer. Lol
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Yes America is in debt and holds the highest debt owed it sucks but so does world trade right now last year my company alone donated 250k to third world Medecine as a lot of companies do I think this year well keep it here at home as is a lot of other small business owners that I know
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LongShot15 wrote:
Well, what are YOU doing lolI have a Question..What are YOU doing for the economy except post HERE? Ik that can be turned on me but hey answer. Lol
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To help local econy this year I've hired ten people and for the last two years we purchase 100% local feed and grain and 90%purchases have been American product we grow our own fruits and veggies and supply a local market certain peaches and grapes
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