Post
Topic
Board Economics
Re: America's new debt ceiling - $19,600,000,000,000
by
malphite
on 02/04/2016, 22:19:37 UTC
America's new debt ceiling - $19,600,000,000,000 (thats in the trillions if you were not sure)

Thats $60,000 debt for every man, woman and child in the country.

Ticking timebomb waiting to blow, keeping the gold nicely polished waiting for the day Smiley


its really massive amount of debt,and i wonder how can america have so many debt,for what purpose that money?and where they get loan?
i know every coutries have debt,but i never see debt as much like that,and i love this fact :
Quote
Thats $60,000 debt for every man, woman and child in the country.

You know for a fact, that theres no chance in hell we will ever pay that back.

Damage is already done, just hope people can see the alternatives and hope bitcoin gets picked up more as we get near halving..

I really see no solution, even if we did tax the rich..etc.