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Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? | |
| Anonymous Coward User ID: 78908183  United States05/12/2020 06:06 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? It almost seems like they are trying to crash the whole Damn thing. Quoting: ~Newton's Own~ They are borrowing and printing money at a furious pace to keep the house of cards standing for just a little while longer, while at the same time closing food production plants and selling food supplies overseas. You got red states trying to open up and blue states calling for more lock downs, more restrictions. Food supply is going to become a real issue in the coming months. Just what are they buying time for? They can't keep these payments up for long, so just what IS this all about? Trump is borrowing the money and massively adding to the nation's debt. borrowing from who? it's being directly injected now, just like the adrenanline needle in Pulp Fiction. . |
MrReality
 User ID: 47345121  Canada05/12/2020 06:09 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? At the end of WW2 this is how it looked. Quoting: MlCHAEL Total credit market debt = 363,614,000,000 364 Billion Dollars Total credit market debt is the money supply It's all the money the population has requested commercial banks to create or issue. The public debt = 258,682,000,000 259 Billion Dollars It's the money the US Government has borrowed from the money supply by issuing bonds. In 1945 the US government had borrowed 259 Billion dollars of the 364 Billion dollar money supply. 259/364 = 0.71 So the US Government had borrowed 71% of the money supply by the end of WW2. Current situation? Total credit market debt = 77,283,520,000,000 77.2 Trillion Dollars. It's all the money the population has requested commercial banks to create or issue. The public debt = 25,162,474,000,000 25.1 Trillion Dollars 25.1/77.2 = 0.32 Meaning that the US Government has borrowed 32% of the money supply. The US Government could borrow another 25 Trillion dollars and still be less in debt than they were following WW2. The USA is not close to bankruptcy. Of course online you all seem to get suckered by promoters of this disinformation. How much debt are other nations carrying? How about this. The same system in operation in the USA is the same system in operation globally. 99% of what you utilize as money in the USA exists as electromagnetic polarity differentials on hard disk platters. Most of what you utilize as money is in fact credit or debt. You all globally use previously created debt or an asset inflated in price by previously created debt as collateral backing your request of a commercial bank to create new debt. It's been like this since before anyone alive was born. The entire history of the USA and world has been financed into existence this way. How about Russia has around 15% debt to GDP. So if Russia borrows what the US did what would Russia resemble ? So your economic premise does not make sense, unless you can explain it factually then I can learn something new. wmMmw |
| ~Newton's Own~
(OP) User ID: 77801149 United States05/12/2020 06:10 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? Earlier up the thread someone said, "it's all they can do." Quoting: Anonymous Coward 5461667 Not so- they could cut the Empire, cut the freebies, run off the illegals, put the country back to work and pay them in hard currency, raise interest rates, remove the FED and have congress issue such currency as is required to provide trade and a GNP. Do we need bases in most every country around the world? 60,000 troops in Germany and So Korea? We need hardened electrical grid, repaired bridges, flood control projects and roads. Not more war. That'll never happen. We are completely sold out to the globalists man. A coward dies a thousand times, but the valiant need taste of death but once. Fear cuts deeper than swords. #Notmypresident. |
| Chisreal Shill User ID: 78150776 United States05/12/2020 06:10 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? Most of the debt is from the Fed. Res. so borrow more from them and then take them over and erase the debt AND the Fed in one swoop...then send china a bill for double what we borrowed for all the damage to our people and economy and the survivors of the dead... Quoting: American Indian Elder Y.. You are a master! I am merely great artiste, you are a master of finance. Salude! |
| MlCHAEL
User ID: 75756457 Canada05/12/2020 06:18 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? At the end of WW2 this is how it looked. Quoting: MlCHAEL Total credit market debt = 363,614,000,000 364 Billion Dollars Total credit market debt is the money supply It's all the money the population has requested commercial banks to create or issue. The public debt = 258,682,000,000 259 Billion Dollars It's the money the US Government has borrowed from the money supply by issuing bonds. In 1945 the US government had borrowed 259 Billion dollars of the 364 Billion dollar money supply. 259/364 = 0.71 So the US Government had borrowed 71% of the money supply by the end of WW2. Current situation? Total credit market debt = 77,283,520,000,000 77.2 Trillion Dollars. It's all the money the population has requested commercial banks to create or issue. The public debt = 25,162,474,000,000 25.1 Trillion Dollars 25.1/77.2 = 0.32 Meaning that the US Government has borrowed 32% of the money supply. The US Government could borrow another 25 Trillion dollars and still be less in debt than they were following WW2. The USA is not close to bankruptcy. Of course online you all seem to get suckered by promoters of this disinformation. That's just wizardry. To make it simple, the reality is: The USA was worth more then or had a higher GDP. Now the gold is gone, the infrastructure falling apart, etc. Not so much good faith in the USA from the world. Total expenditure US gov 2019 - 4.5 trillion Total revenue US gov 2019 - 3.5 trillion So even before the "Covid thing" there is a massive deficit annualy. Now the USA is seeking to borrow 3 trillion next quarter. The harlot that is mystery Babylon has been entreating her lovers like is written in the bible, now they turn on her. Yes wizardry. I'm a supply of power to the demand for power by the USA. As long as the demand of the USA is not greater than what I can supply. The magic trick or wizardry as you call it will be sustained. MlCHAEL |
| Yes I Did !!
User ID: 78233350 United States05/12/2020 06:23 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? One of the executive orders states that every criminal indicted & charged will have all of their assets confiscated by the US Treasury. You figure bank accounts, property, investments, etc.... We must be collecting one hell of a bunch of assets.  "Great spirits have always encountered violent opposition from mediocre minds. The mediocre mind is incapable of understanding the man who refuses to bow blindly to conventional prejudices and chooses instead to express his opinions courageously and honestly." Albert Einstein. |
| MlCHAEL
User ID: 75756457 Canada05/12/2020 06:29 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? At the end of WW2 this is how it looked. Quoting: MlCHAEL Total credit market debt = 363,614,000,000 364 Billion Dollars Total credit market debt is the money supply It's all the money the population has requested commercial banks to create or issue. The public debt = 258,682,000,000 259 Billion Dollars It's the money the US Government has borrowed from the money supply by issuing bonds. In 1945 the US government had borrowed 259 Billion dollars of the 364 Billion dollar money supply. 259/364 = 0.71 So the US Government had borrowed 71% of the money supply by the end of WW2. Current situation? Total credit market debt = 77,283,520,000,000 77.2 Trillion Dollars. It's all the money the population has requested commercial banks to create or issue. The public debt = 25,162,474,000,000 25.1 Trillion Dollars 25.1/77.2 = 0.32 Meaning that the US Government has borrowed 32% of the money supply. The US Government could borrow another 25 Trillion dollars and still be less in debt than they were following WW2. The USA is not close to bankruptcy. Of course online you all seem to get suckered by promoters of this disinformation. How much debt are other nations carrying? How about this. The same system in operation in the USA is the same system in operation globally. 99% of what you utilize as money in the USA exists as electromagnetic polarity differentials on hard disk platters. Most of what you utilize as money is in fact credit or debt. You all globally use previously created debt or an asset inflated in price by previously created debt as collateral backing your request of a commercial bank to create new debt. It's been like this since before anyone alive was born. The entire history of the USA and world has been financed into existence this way. How about Russia has around 15% debt to GDP. So if Russia borrows what the US did what would Russia resemble ? So your economic premise does not make sense, unless you can explain it factually then I can learn something new. Nope that is how it works in Russia. The population of Russia use their current incomes which are composed of previously created debt as collateral backing their requests for commercial banks to create or issue new debt. When Russia begins to borrow more the debt to GDP ratio will rise higher just like in the USA, Canada, the UK ,the EU, etc. Japan began offering 100,000 Yen checks. Everyone globally is going deeper into debt. MlCHAEL |
| Anonymous Coward User ID: 76178555 United States05/12/2020 06:32 PM Report Abusive Post Report Copyright Violation | |
| MrReality
User ID: 47345121 Canada05/12/2020 06:32 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? At the end of WW2 this is how it looked. Quoting: MlCHAEL Total credit market debt = 363,614,000,000 364 Billion Dollars Total credit market debt is the money supply It's all the money the population has requested commercial banks to create or issue. The public debt = 258,682,000,000 259 Billion Dollars It's the money the US Government has borrowed from the money supply by issuing bonds. In 1945 the US government had borrowed 259 Billion dollars of the 364 Billion dollar money supply. 259/364 = 0.71 So the US Government had borrowed 71% of the money supply by the end of WW2. Current situation? Total credit market debt = 77,283,520,000,000 77.2 Trillion Dollars. It's all the money the population has requested commercial banks to create or issue. The public debt = 25,162,474,000,000 25.1 Trillion Dollars 25.1/77.2 = 0.32 Meaning that the US Government has borrowed 32% of the money supply. The US Government could borrow another 25 Trillion dollars and still be less in debt than they were following WW2. The USA is not close to bankruptcy. Of course online you all seem to get suckered by promoters of this disinformation. That's just wizardry. To make it simple, the reality is: The USA was worth more then or had a higher GDP. Now the gold is gone, the infrastructure falling apart, etc. Not so much good faith in the USA from the world. Total expenditure US gov 2019 - 4.5 trillion Total revenue US gov 2019 - 3.5 trillion So even before the "Covid thing" there is a massive deficit annualy. Now the USA is seeking to borrow 3 trillion next quarter. The harlot that is mystery Babylon has been entreating her lovers like is written in the bible, now they turn on her. Yes wizardry. I'm a supply of power to the demand for power by the USA. As long as the demand of the USA is not greater than what I can supply. The magic trick or wizardry as you call it will be sustained. Like I said. That what the USA was is no longer. As is evident by indicators such as the BRICS and the decreasing popularity of the USD as a reserve currency. So as there is an economic war with Russia, that devaluated their currencies buying power by 50%. Do you honestly think they have been doing nothing all this time but watching. As such the time will come, very soon when they will play a part in the restructure of the global economy and as they now or soon will have the ability to do so. What will the USA do then ? The corporation of the USA will be forced to liquidate it's assets, that ultimately are the assets that citizens of the USA beleive are theirs. What do you think the FEMA Camps are for and how will this wizardry be sustained as it's already falling apart before your eyes ? wmMmw |
| Anonymous Coward User ID: 77831020 United States05/12/2020 06:36 PM Report Abusive Post Report Copyright Violation | |
| ~Newton's Own~
(OP) User ID: 77801149 United States05/12/2020 06:38 PM Report Abusive Post Report Copyright Violation | |
| MrReality
User ID: 47345121 Canada05/12/2020 06:39 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? How about this. The same system in operation in the USA is the same system in operation globally. 99% of what you utilize as money in the USA exists as electromagnetic polarity differentials on hard disk platters. Most of what you utilize as money is in fact credit or debt. You all globally use previously created debt or an asset inflated in price by previously created debt as collateral backing your request of a commercial bank to create new debt. It's been like this since before anyone alive was born. The entire history of the USA and world has been financed into existence this way. How about Russia has around 15% debt to GDP. So if Russia borrows what the US did what would Russia resemble ? So your economic premise does not make sense, unless you can explain it factually then I can learn something new. Nope that is how it works in Russia. The population of Russia use their current incomes which are composed of previously created debt as collateral backing their requests for commercial banks to create or issue new debt. When Russia begins to borrow more the debt to GDP ratio will rise higher just like in the USA, Canada, the UK ,the EU, etc. Japan began offering 100,000 Yen checks. Everyone globally is going deeper into debt. Russia borrows just like every other nation, so there is no different system like you claim. [link to www.themoscowtimes.com (secure)] They are far more efficient and thrifty so really your understanding of economics is flawed, or you are shilling. wmMmw |
| Anonymous Coward User ID: 78907372 United States05/12/2020 06:40 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? The nation's been bankrupt 2 times at least the first one They seized all the titles now we have no more allodial title that's where you pay property tax now the second time they mortgaged all the people basically that's why you paying income tax we go bankrupt again which Trump is leading this right into its called National captivity |
| Anonymous Coward User ID: 77981806 United States05/12/2020 06:48 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? It almost seems like they are trying to crash the whole Damn thing. Quoting: ~Newton's Own~ They are borrowing and printing money at a furious pace to keep the house of cards standing for just a little while longer, while at the same time closing food production plants and selling food supplies overseas. You got red states trying to open up and blue states calling for more lock downs, more restrictions. Food supply is going to become a real issue in the coming months. Just what are they buying time for? They can't keep these payments up for long, so just what IS this all about? Paper Money is a "Delusion", It's totally fake. They just Print it and you except the lie and play their game. Mass Mind Control. We could also accept living in a money free utopian society but the greedy elite wont let you because they want and need the peasants to always be chasing the carrot all while pulling their cart. Red Pill vs Blue Pill which do you choose. Unfortunately the masses are asleep (Blue Pill'd) |
| Anonymous Coward User ID: 78888886 United States05/12/2020 06:54 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? Hitler did a very interesting thing that I find extremely attractive. What he did is make each laborer a profit sharer and co owner of the company they worked for. He also criminalize usury. It's no wonder he scared the fuck out of the tribe. Quoting: Anonymous Coward 78902101 current model, laborer works profit goes to share holder who doesn't work. hitlers model laborer works and receives profit of his own work |
| ~Newton's Own~
(OP) User ID: 77801149 United States05/12/2020 06:56 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? It almost seems like they are trying to crash the whole Damn thing. Quoting: ~Newton's Own~ They are borrowing and printing money at a furious pace to keep the house of cards standing for just a little while longer, while at the same time closing food production plants and selling food supplies overseas. You got red states trying to open up and blue states calling for more lock downs, more restrictions. Food supply is going to become a real issue in the coming months. Just what are they buying time for? They can't keep these payments up for long, so just what IS this all about? Paper Money is a "Delusion", It's totally fake. They just Print it and you except the lie and play their game. Mass Mind Control. We could also accept living in a money free utopian society but the greedy elite wont let you because they want and need the peasants to always be chasing the carrot all while pulling their cart. Red Pill vs Blue Pill which do you choose. Unfortunately the masses are asleep (Blue Pill'd) Yep. Ponzi scheme writ large. As long as the carrot is dangling in front, the donkey is fine, but what happens when you pull the carrot? A coward dies a thousand times, but the valiant need taste of death but once. Fear cuts deeper than swords. #Notmypresident. |
| Wookiee666
User ID: 62421844 United States05/12/2020 06:58 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74808850 United States05/12/2020 07:00 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? They simply create money out of thin air (sometimes called COUNTERFEITING). When you OWN the central banks of the World, you can create money for whatever and whenever you want. Yes, it creates inflation. But that is burdened by the masses, not so much by those at the immediate Feeding Trough.. |
| 1guynAz
User ID: 2229693 United States05/12/2020 07:00 PM  Report Abusive Post Report Copyright Violation | |
| seekinginformation
User ID: 53473141 United States05/12/2020 07:03 PM  Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? It almost seems like they are trying to crash the whole Damn thing. Quoting: ~Newton's Own~ They are borrowing and printing money at a furious pace to keep the house of cards standing for just a little while longer, while at the same time closing food production plants and selling food supplies overseas. You got red states trying to open up and blue states calling for more lock downs, more restrictions. Food supply is going to become a real issue in the coming months. Just what are they buying time for? They can't keep these payments up for long, so just what IS this all about? They are mortgaging our children and grandchildren. Seekinginformation |
| Anonymous Coward User ID: 78528378 United States05/12/2020 07:03 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74808850 United States05/12/2020 07:03 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? they are trying to devalue the $ they want wages and prices to go up and seem prepared to blow it all up in order for that to occur. Quoting: Anonymous Coward 76178555 Order Out of Chaos. Problem - Reaction - Solution. They blow up the financial system and then create a new one that is even more power-leveraged (by/unto THEMSELVES) than even the current one is. Same old shit .. different day ... |
| Anonymous Coward User ID: 72727002 United States05/12/2020 07:05 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? The banks already see it coming. Credit limits are being reduced on credit cards and people getting notices about that. Banks saying they aren't going to take on any more refinancing or home loans. They already know people are not going to be able to make payments and they're trying to cut their losses even as we speak. When the individuals start defaulting on everything so will the government. People are already not paying rent which is affecting the landlords. Which lowers the value of the property. This is going to make 2008 look like a garden party. |
| Anonymous Coward User ID: 74808850 United States05/12/2020 07:10 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? The nation's been bankrupt 2 times at least the first one They seized all the titles now we have no more allodial title that's where you pay property tax now the second time they mortgaged all the people basically that's why you paying income tax we go bankrupt again which Trump is leading this right into its called National captivity Quoting: Anonymous Coward 78907372 At which point, you and I become abject categorical SLAVES - that own absolutely nothing. Fucking EVERYTHING on the planet will be owned by the Money Masters/Kings of Usury. Are we sheep or cattle ... Exactly as intended. |
| BeSkeptical
User ID: 46420627 United States05/12/2020 07:11 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? You are correct that real wealth comes only from the production of goods and services that people want. Thus, electronic issuing of money or credit does not create wealth--it adds nothing to the Gross Domestic Product (GDP). Increasing the money supply is a useful way to prevent a downward spiral of demand: an unwillingness of the people who still have money to spend it (which is understandable in any crisis, but harmful to the economy). The money and credit issued to stopped businesses and unemployed workers is generally spent very quickly, keeping demand from needlessly falling further. The real danger comes later: inflation. As soon as governors start reopening state economies, business and consumer spending will ramp up. At some point, the money supply (bloated from earlier handouts) will be larger than the economy will support. Prices will then start to rise. The Fed will then have to restrain or even shrink the money supply to prevent inflation from creeping into a gallop. Depending on how this is done, it may trigger a secondary recession, or even protests and changes in government. Last Edited by BeSkeptical on 05/12/2020 07:13 PM |
| Anonymous Coward User ID: 74808850 United States05/12/2020 07:13 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? The banks already see it coming. Credit limits are being reduced on credit cards and people getting notices about that. Banks saying they aren't going to take on any more refinancing or home loans. They already know people are not going to be able to make payments and they're trying to cut their losses even as we speak. When the individuals start defaulting on everything so will the government. People are already not paying rent which is affecting the landlords. Which lowers the value of the property. This is going to make 2008 look like a garden party. Quoting: Anonymous Coward 72727002 We didn't collectively fix the problem in 2008. We/They only kicked the can down the road some more... avoiding the inevitable... Here we are deeper in debt than ever. Which does what??? _______________________________ (you guys solve this one. Use yer brians...) |
| Anonymous Coward User ID: 74808850 United States05/12/2020 07:15 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? You are correct that real wealth comes only from the production of goods and services that people want. Thus, electronic issuing of money or credit does not create wealth--it adds nothing to the Gross Domestic Product (GDP). Increasing the money supply is a useful way to prevent a downward spiral of demand: an unwillingness of the people who still have money to spend it (which is understandable in any crisis, but harmful to the economy). The money and credit issued to stopped businesses and unemployed workers is generally spent very quickly, keeping demand from needlessly falling further. The real danger comes later: inflation. As soon as governors start reopening state economies, business and consumer spending will ramp up. At some point, the money supply (bloated from earlier handouts) will be larger than the economy will support. Prices will then start to rise. The Fed will then have to restrain or even shrink the money supply to prevent inflation from creeping into a gallop. Depending on how this is done, it may trigger a secondary recession, or even protests and changes in government. All created to perpetuate the/their System and serve out political agendas/goals... |
| ~Newton's Own~
(OP) User ID: 77801149 United States05/12/2020 07:22 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? You are correct that real wealth comes only from the production of goods and services that people want. Thus, electronic issuing of money or credit does not create wealth--it adds nothing to the Gross Domestic Product (GDP). Increasing the money supply is a useful way to prevent a downward spiral of demand: an unwillingness of the people who still have money to spend it (which is understandable in any crisis, but harmful to the economy). The money and credit issued to stopped businesses and unemployed workers is generally spent very quickly, keeping demand from needlessly falling further. The real danger comes later: inflation. As soon as governors start reopening state economies, business and consumer spending will ramp up. At some point, the money supply (bloated from earlier handouts) will be larger than the economy will support. Prices will then start to rise. The Fed will then have to restrain or even shrink the money supply to prevent inflation from creeping into a gallop. Depending on how this is done, it may trigger a secondary recession, or even protests and changes in government. So dark days ahead. Yep. Throw in there a food shortage and what's that equation come out to? A coward dies a thousand times, but the valiant need taste of death but once. Fear cuts deeper than swords. #Notmypresident. |
| zzcat
User ID: 4272734 United States05/12/2020 07:22 PM  Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? But who do we owe it to really? Cause China's in debt too. And somehiw the bankers got trillions each time they crashed. The banking families? But what is this money? The exchange of the labor and products that people made. Yet somehow the people can't afford to live and most owe? Its s like a gigantic world wide company store, but instead of a small company that pays you less than they charge you, this one has the whole world zzcat who says Schrodinger's cat is even in the box |
| ~Newton's Own~
(OP) User ID: 77801149 United States05/12/2020 07:25 PM Report Abusive Post Report Copyright Violation | Re: Where is the trillions coming from for payments and bailouts when our nation is essentially bankrupt? We all know, they won't stop until you are chipped and marked into their new system of total control. That's the endgame. A coward dies a thousand times, but the valiant need taste of death but once. Fear cuts deeper than swords. #Notmypresident. |
