US debt hits $26.5 trillion

its going to be started over with the Millennial reign after the magnetic reversal.. It should have been already in my humble opinion. That is what societies usually do who are on fake debt... they just start it over.

That's just retarded Maggie

No, it's real money...once we create it, it exists...

Its a lot more than that and will be much higher in the coming years due to the "fiscal Conservative" in the White House...Plenty of ink and paper to go on for ever.

I'm sure they already have a number in mind. My guess is we will hit it while Trump is in office. The spending is twice the rate as Obama and that was bad enough. Sorry cultists sooner or later you'll figure out why they put him in.

Ironic how much really is going to reverse.

May the LORD be merciful, especially to those who realize this too late.

But you're not creating it, the FED does.

And you're borrowing it (from the FED)... and then (supposedly) paying off the principle + the interest.

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Authorized by the Federal Government...we are the reserve currency for this planet...we can create money, it's our right...

I am a racist. I hate ALL races that are liberals. Come at me jerkoff.

Have you ever looked at the United States Code? Kinda has a lot of stuff in it maybe you should.

You 10?

Look at all the negativity coming from people of other nations, spreading liberal comunist propaganda. Maybe you clowns should start minding your own business.

Our country is still the leader of the free world even after all the destruction and deaths you liberal commies have caused us for the past 50 years.

That's just marketing. That's what they tell you and other Americans to make you feel in control.

Just like when you vote.

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Sorry about the age comment it slipped....

Not for much longer. When it doesn't become accepted then it's game over....not only are countries turning it down your local Wal-Mart is following suit.

Countries start pulling their Gold out of the USA in the 1970's for the same reasons. They saw the USA spent like drunken sailors and didn't feel it was safe to store their gold here. Nixon responded in kind by closing the Gold window. Kissinger created the petro dollar and saved the buck by kicking the can down the road.

I can almost assure you nobody of any significance wants to be holding dollars when they collapse. Me thinks this is happening NOW!

Last Edited by Irish eyes on 07/13/2020 09:45 PM

There is no limit to how big that debt can get.I will pay it off with a 10 cent pall pen.

The US national debt has increased by $17 billion since this thread was posted.

Gives the term skyrocketing a whole new meaning...

Thread: can anyone explain who on gods green earth does america owe 26 trillion dollars to?



Ok..so answer this. Really who do we owe? The Federal Reserve?? Please tell me. If they print money out of the air who do we really owe???

It did, albeit momentarily, in March. I bought Tesla at $200/share.

Hope it happens again, to be honest.

Quantum inter-dimensional money printing! Strap in folks we are activating warp speed to hyperinflaton space.

This is what they mean by the "new normal."

Your country has a great base of hard working (mostly) White citizens who have been lied to for so long that they've largely forgotten what the truth sounds like.

The awake White people in the West are waiting for you to fix America so that you can help us take it back (the West)... because we can't do it without you.

Do the math. How much is owed per U.S. citizen?

Do you know how many children you could buy on Wayfair for the amount each American citizen will owe in taxes to the people who are behind all the child trafficking?

I just timed the rate of climb of the debt with my stopwatch.

Increases by $1,000,000 every 22.45 seconds.

You'll find out when you default only there will be no lawyer to call

Sure we will share. Bring French Fries and a real pizza this time...

The fed and lots of countries and again its at least $26 QUADRILLION.

I didn't start watching till around 18 Trillion. People say like AOC money doesn't matter but 48 bucks for a loaf of bread and 60 for a half gallon of milk should not be the new Normal.

When they talk about “debt” it’s confusing because there are many types of debt. For example:

-Gross national debt: the total of all the debt owed by everybody to everybody. This figure includes your barber’s credit-card bill, the steel company’s loan from Citibank, your neighbor’s mortgage, the money the government borrowed through bonds, etc. it’s a big scary number but it doesn’t mean all that much because a lot of it cancels itself out, it all comes due at different times and rates, it can be sold or defaulted, etc.

-The deficit: this is the amount the government borrows vs the amount it is taking in. Very simple. We are no longer talking about you and your barber; we are talking about the government, what it spends, what it receives through taxes, and what it borrows by issuing bonds.

-Government Debt: similar to the above, but the above measures, say, how much you spent this week/month/year vs how much you brought in. This figure is different: it’s just the big fat amount you owe. It’s like the governments total “credit card bill” whereas the deficit is a comparison of, metaphorically, how much the government added to the card yesterday, minus how much it made through taxes and other means. This third figure is what the thread is about.

Government debt hinges a lot on interest rate: if you are spending most of your income servicing big debt at a high rate, it gets tight fast. Right now interest rates are super-low, which is what makes big debt possible to begin with. But in the early 80s rates hit almost 20% so things can change if the players lose confidence in the system.

Send em to the moon. Adios.

And with the way global markets are setup, it's only a matter of time before all those debts are automatically called in, which might be something that triggers once the first default occurs.


One cataclysmic domino collapse on a worse catastrophic proportion than we've already witnessed.

Bravo! I think people can understand, I hope....but I think you have to live it to get it (the message). And I don't wanna go back.