Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Palumboism on May 13, 2019, 01:10:54 PM
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National Debt $22.2 Trillion
Personal Debt $19.6 Trillion
Student Loan Debt $1.6 Trillion
Auto Loan Debt $1.3 Trillion
Credit Card Debt $1.05 trillion
https://www.usdebtclock.org/ (https://www.usdebtclock.org/)
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National Debt $22.2 Trillion
Personal Debt $19.6 Trillion
Student Loan Debt $1.6 Trillion
Auto Loan Debt $1.3 Trillion
Credit Card Debt $1.05 trillion
You know who to Blame, Right? Starts with T....
https://www.usdebtclock.org/ (https://www.usdebtclock.org/)
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Obama added more national debt than every President before him combined. It's indisputable. Trump cut taxes yet revenue coming into the Federal government increased.
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Obama added more national debt than every President before him combined. It's indisputable. Trump cut taxes yet revenue coming into the Federal government increased.
Is Michelle a Tranny? Asking for a friend
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Obama added more national debt than every President before him combined. It's indisputable. Trump cut taxes yet revenue coming into the Federal government increased.
On the day that Barack Obama was sworn in—January 20, 2009—the debt was $10.626 trillion. When he left the White House on January 20, 2017, it was $19.947 trillion.
https://www.debtconsolidation.com/us-debt-presidents/ (https://www.debtconsolidation.com/us-debt-presidents/)
Obama added $9.3 Trillion to the debt and almost as much as the $10.6 trillion added in the previous two hundred years.
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Getbiggers have debit cards not credit cards and zero school loans because they didn't go to school and no mortgage debt because they live in their mom's basement and no car loans because they either ride a bike or drive a twenty year old car they bought for $450.
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Getbiggers have debit cards not credit cards and zero school loans because they didn't go to school and no mortgage debt because they live in their mom's basement and no car loans because they either ride a bike or drive a twenty year old car they bought for $450.
Ironat, I am wondering if getbiggers can create some sort of system where we pool our money together and help each other out. It would be like a giant pot of community money for getbiggers.
We can help Vince get his teeth fixed, pay for Tbombz divinity school, help Falcon purchase more books, help Mr. Basile get on an appropriate diet plan, and send Wiggs to Nibiru.
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Getbiggers have debit cards not credit cards and zero school loans because they didn't go to school and no mortgage debt because they live in their mom's basement and no car loans because they either ride a bike or drive a twenty year old car they bought for $450.
My car is paid, thank you very much :)
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To think the president has anything to do its the national debt is delusional. USA is in such debt because it borrows it’s budget from the federal reserve every year. The Federal reserve is neither federal or a reserve and only serves to redistribute wealth. True story
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Ironat, I am wondering if getbiggers can create some sort of system where we pool our money together and help each other out. It would be like a giant pot of community money for getbiggers.
We can help Vince get his teeth fixed, pay for Tbombz divinity school, help Falcon purchase more books, help Mr. Basile get on an appropriate diet plan, and send Wiggs to Nibiru.
Good idea.
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Ironat, I am wondering if getbiggers can create some sort of system where we pool our money together and help each other out. It would be like a giant pot of community money for getbiggers.
We can help Vince get his teeth fixed, pay for Tbombz divinity school, help Falcon purchase more books, help Mr. Basile get on an appropriate diet plan, and send Wiggs to Nibiru.
Si-Fi , A U targetting Nobel trophy for humanitarian work :P
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My car is paid, thank you very much :)
The Charger you wrecked?
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The Charger you fake wrecked?
**
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To think the president has anything to do its the national debt is delusional. USA is in such debt because it borrows it’s budget from the federal reserve every year. The Federal reserve is neither federal or a reserve and only serves to redistribute wealth. True story
I strongly disagree,The sitting government and the president has everything to do with debt. Thats what congress and the senate are supposed to be for,balancing the budget through taxation and spending, I do agree that they seem to be ignoring debt along with every other country in the world, but that does not mean they aren't responsible for it.
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The Charger you wrecked?
Charger? I only have a Phone charger
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The US doesn’t even own its money. What a joke.
Same with a great many nations.
Hitler knew what was what/going on. It’s one of the reasons the Joo Elites wanted him gone. And why the propaganda to paint him as some spawn of evil has been relentless since his coming into power.
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The US doesn’t even own its money. What a joke.
Same with a great many nations.
Hitler knew what was what/going on. It’s one of the reasons the Joo Elites wanted him gone. And why the propaganda to paint him as some spawn of evil has been relentless since his coming into power.
Nice to see you aware of this.
It makes sense that it was worth a massive crippling war for them to stop Hitler.
I wish there was any way to learn about this man beyond Jewish propaganda movies.
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This is news?
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This is news?
DoubleLine CEO Jeffrey Gundlach warns of recession driven by ‘cocktail of economic risk’
Kate Rooney
The risk of recession within two years is “extremely high,” while there’s about a 50% chance of recession within a year, he said. In the next six months, Gundlach put the likelihood at 30%.
“Growth in the economy is simply growth in the debt,” he said. “That’s what’s really responsible for growth in GDP.”
United States is “out of tools” to gin up the economy during the next recession.
https://www.cnbc.com/2019/05/14/doublelines-gundlach-warns-of-recession-cocktail-of-economic-risk.html (https://www.cnbc.com/2019/05/14/doublelines-gundlach-warns-of-recession-cocktail-of-economic-risk.html)
the news part of it is how large the personal and federal debts are getting.
Another recession is likely in the next two years and adding more debt to get out of it isn't really an option this time. If you take away the government deficit spending and there would be ZERO GDP growth.
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I strongly disagree,The sitting government and the president has everything to do with debt. Thats what congress and the senate are supposed to be for,balancing the budget through taxation and spending, I do agree that they seem to be ignoring debt along with every other country in the world, but that does not mean they aren't responsible for it.
I’m not sure you followed what I wrote in the post you quoted.
The debt is climbing out of control because the entire budget for the year has to be borrowed.
When money is borrowed whether it’s for your car loan, mortgage, paycheck loan or USA govt budget the first part of the payments are applied primarily to the interest owed.
Before the federal reserve was created, congress would allocate the funds backed by gold.
Federal reserve now creates funds in a computer backed by nothing and gets paid interest.
This set up makes it virtually impossible to pay the debt down - it’s effectively like paying rent with a credit card every month.
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Many countries and companies will be in trouble if interest rates go up to their long term averages.
If. For now extremely low rates seem to be the new "normal"
(Politicians should never create debt on behalf of the people. Imo the constitution should forbid it)
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That’s why they’re after Venezuela’s oil deposits
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National Debt $22.2 Trillion
Personal Debt $19.6 Trillion
Student Loan Debt $1.6 Trillion
Auto Loan Debt $1.3 Trillion
Credit Card Debt $1.05 trillion
https://www.usdebtclock.org/ (https://www.usdebtclock.org/)
The U.S. debt is bad but not nearly as bad as Japan so I think we have quite a few years left to solve this problem. The big problem with solving the debt is big government wants to get bigger not smaller. Cuts need to be made.
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I’m not sure you followed what I wrote in the post you quoted.
The debt is climbing out of control because the entire budget for the year has to be borrowed.
When money is borrowed whether it’s for your car loan, mortgage, paycheck loan or USA govt budget the first part of the payments are applied primarily to the interest owed.
Before the federal reserve was created, congress would allocate the funds backed by gold.
Federal reserve now creates funds in a computer backed by nothing and gets paid interest.
This set up makes it virtually impossible to pay the debt down - it’s effectively like paying rent with a credit card every month.
all part of the master plan seen here with his protege.
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4. My 8th wife recently left me..and the dog. :-X
Why'd she leave the dog?
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as long as America is not going bust, then I enjoy investing in corporate junk bonds!