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Getbig Main Boards => General Topics => Topic started by: arce1988 on May 24, 2012, 01:52:15 PM

Title: U.S.A Debt?
Post by: arce1988 on May 24, 2012, 01:52:15 PM: http://www.usatoday.com/news/washington/story/2012-05-18/federal-deficit-accounting/55179748/1?csp=hf
Title: Re: U.S.A Debt?
Post by: Shockwave on May 24, 2012, 01:52:43 PM: 1st in a random ARCE thread.
Title: Re: U.S.A Debt?
Post by: Anglo on May 24, 2012, 01:54:08 PM: TTT
Title: Re: U.S.A Debt?
Post by: Butterbean on May 24, 2012, 02:44:43 PM: ...
Title: Re: U.S.A Debt?
Post by: Marty Champions on May 24, 2012, 02:49:16 PM: "this debt never will cause us any harm, it appears to be good for us."

as a country that is...

?
Title: Re: U.S.A Debt?
Post by: jwb on May 24, 2012, 03:05:00 PM: USA can never go broke because it can buy its own bonds. The issues will eventually be high inflation and high interest rates in the long term.
Title: Re: U.S.A Debt?
Post by: El Diablo Blanco on May 24, 2012, 04:11:20 PM: WHo do they owe money to and who is going to threaten to collect? There is a reason why the USA has such a large army, it is to bully all other countries ...... but china because china don't give a fuck
Title: Re: U.S.A Debt?
Post by: Nails on May 24, 2012, 04:22:21 PM: Trillions of Dollars .....

(http://i167.photobucket.com/albums/u137/XxU2girlyxX/gifs/tumblr_lgokxmYrLF1qafrh6.gif)
Title: Re: U.S.A Debt?
Post by: Shockwave on May 24, 2012, 04:23:02 PM: Quote from: El Diablo Blanco on May 24, 2012, 04:11:20 PM
WHo do they owe money to and who is going to threaten to collect? There is a reason why the USA has such a large army, it is to bully all other countries ...... but china because china don't give a fuck
Ironically, China would get fucking whopped hard by us right now.

The problem is going to come when the other countries of the world decide to stop accepting US Dollars as payment.
Title: Re: U.S.A Debt?
Post by: arce1988 on May 25, 2012, 02:02:31 PM: ...
Title: Re: U.S.A Debt?
Post by: 24KT on June 04, 2012, 04:23:21 AM: Quote from: Shockwave on May 24, 2012, 04:23:02 PM
Ironically, China would get fucking whopped hard by us right now.

You sure about that? I wouldn't be so quick to right off the Chinese.
They're already kicking US ass on the financial front, and as a whole I have found them to be far more disciplined and hard working than Americans. they're certainly NOT to be sold short.

Quote
The problem is going to come when the other countries of the world decide to stop accepting US Dollars as payment.

Your Future is already here.
Title: Re: U.S.A Debt?
Post by: 24KT on June 04, 2012, 08:56:50 AM: Quote from: syntaxmachine on June 04, 2012, 05:17:45 AM
Can you substantiate this claim?

Which claim? ...that I've found the Chinese to be hard working and disciplined?
...or that nations are currently ditching the US dollar?

I don't need to substantiate personal experience, and facts speak for themselves.
Title: Re: U.S.A Debt?
Post by: oldtimer1 on June 04, 2012, 01:10:26 PM: China's economy would collapse if we stopped buying their crap. Their whole economy would fold. One thing for sure if they called us on our debt to them we couldn't pay it.