Quote from: sana54210 on August 26, 2019, 07:54:40 AM

Quote from: Schirer on August 23, 2019, 11:58:13 AM

US will never be able to pay their debt, it is almost impossible to grasp the amount of their debt.
It is absolutely huge.

For sure there is big lobby to go in even bigger debt , to take more money not only to buy stuff from lobbyist niches but also to pay more percents to those who gives out these debts. It would be interesting to see how these interest rates are progressing over time, what are the values of their paid debt monthly and yearly. For sure there would be some interesting stuff

Never say never, all they just need the right approach to it. there might have been worst debt than that which they have overcome and I believe they will overcome this too, just might not be in the term of Trump because I dont know if trump is a curse on then or blessing, he has his own positive side though but without a solid financial system, he his just a failure because this is what could bring down the power of America over the world.

If trump is to win the second term, he needs to do everything possible to bring this debt down rather than increasing it the more before they declare state of emergency on their economy, and I expect him to have been thinking of how they can take advantage of the new cryptocurrency to see what they can do about it.

But he cannot do that, in fact no one can, the current system is based on borrowing money to try to accelerate the economic growth, if the US stops printing and borrowing money it will decelerate to the point that it will create a recession or even a depression around the world, there is no way to solve the problem central banks around the world have created except for the implementation of a new economic system and that only happens when the previous one has been proven to not work anymore.