33 trillion in debt? can't even fathom how we're supposed to rectify this situation.
Marth
Is the US financial system going to collapse before 2024?
19
Itโs not like youโve got to make the payments and the margin call ainโt coming on December 31. I bet I can guess which news channel you watch.
๐ฆก
You know this is a sales forum right?
I think you made the wrong turn - r/collapse is that way โฉ
..
Maybe you should start taking Mandarin classes
๐
No. It doesnโt matter as we can print our way out, hit high inflation, and we arenโt losing strength internationally. So are other countries worse off and will collapse first? I doubt it. Recession is the answer and just a matter of how long and deep.
Collapse? No...
head down, sales up, just worried about the closing month.
it could inflate away. however, a good read about this is the last book of ray dalio.
Every "world currency" will have a lot of debt for the issuing country
Every "world currency" will have a lot of debt for the issuing country
Remember itโs the world currency and where the money is getting printed
Yeah I get I donโt have to pay it back.. still concerning no?
What's the alternative for investing/assests? Europe (still too fractured and has more structural issues than us), China (oof, they're in for a demographic implosion, in addition to their economy being a house of cards), Russia (lolzzzz), I wish South America would be an option but they still have so many structural issues.
So if the rest of the world is a mess, where would folks park assets or invest? Well, it's still the good ol USA!
USA USA USA!
So if the rest of the world is a mess, where would folks park assets or invest? Well, it's still the good ol USA!
USA USA USA!
Why is Russia Lolz
Yes
No all the numbers are made up man.
Michael Burry in the war room huuh
No it's not going to collapse how the gov works if you talk to a fed person they will tell you the debt isn't actually our debt it's 33Trillion of other countries debt mixed with ours as world currency.
Which I didn't even know it was like that it's very messed up tbh with you and explains why everyone always comes to the USA.
From there POV it's US Citizens Debt then it's Other Countries Debt then it's everything combined the 33Trillion is everything combined from everyone but it always gets outsourced
Which I didn't even know it was like that it's very messed up tbh with you and explains why everyone always comes to the USA.
From there POV it's US Citizens Debt then it's Other Countries Debt then it's everything combined the 33Trillion is everything combined from everyone but it always gets outsourced
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