[Tolerance Sucks Rocks]

We are sooooo screwed.

[Tolerance Sucks Rocks]

PING!

[cuban leaf]

This made it pretty clear years ago (it’s also hilarious):

https://www.youtube.com/watch?v=TlN28DoL5qA

[eyeamok]

Thank God for Central Banking and Credit Money, we can just Print all we Need!

[Brian Griffin]

The national debt is a problem a printed pile of three billion $10,000 bills can deal with, and will.

[Responsibility2nd]

The National Debt. Lets assume for a moment the morons in DC wanted to get serious about repayment of the debt.

And decided to throw One Billion Dollars per day at the Debt.

Great. But that would only pay the interest.

The 21 TRILLION DOLLARS in principal still remains.

[z3n]

That’s why we should all get free college, health care, and a free latte from starbucks everyday. Because we can already easily afford all the bullshT our government over promises and under-delivers

[Buckeye McFrog]

We are sooooo screwed.

One of two things will happen. Either it will all come crashing down and we will collapse as these projections seem to indicate,

or...

It won't.

I'm betting on the latter because we've literally become Too Big to Fail at this point. The rest of the world cannot survive our collapse, so they have no alternative than to let us go on printing money and pretend that it has value.

The situation has achieved a perverse type of stasis.

[Brian Griffin]

Be prepared to live like Greeks in 2014, but the food here will suck (if you can find any) and the climate will be a bit warmer than you’re used to.

[Brian Griffin]

Don’t worry about traffic jams after the great printing, they’ll be no more gas available.

Air conditioning? None?

Heating? Whose’s been stealing my pine needles?

[RatRipper]

We have a huge conflict of interest for Congresscritters. They deficit spend, borrowing money in the markets to finance the spending. Then they steal the borrowed money from the Swamp hog-trough, enriching themselves even more. The vast majority of them need to be arrested . . . pack of thieves

[Brian Griffin]

“prioritize essential federal functions, like national defense”

The Communists are already here and apparently running the governments of the USA.

[Brian Griffin]

Eat your own squirrels, not mine.

[econjack]

You can find out how the US debt compares to other countries, too.

https://usdebtclock.org/

[ro_dreaming]

The true drivers of debt are our major entitlement programs: Social Security,

Social Security is NOT an entitlement.

I, and my employers, have paid into it for the past 33 years. That means, the money in that account is earned, and MINE. NOT an entitlement that is given to anyone without earning it.

Congress screwed us by not reforming Social Security 20-25 years ago when they could have. (remember Al Gore’s ‘lockbox’?)

[Secret Agent Man]

And where were they when the debt MORE THAN DOUBLED in just 8 years under Obama? Where were the stories and warnings?

[lucky american]

Nothing will happen. Just add a few extra digital zeros to the balance sheet via computer. Who uses cash anymore, I’m beginning to believe that with virtual money, no one will catch on.

[SamAdams76]

I think the debt will eventually get to one quadrillion dollars.

This is like saying in 1960 that the debt would get to one trillion dollars. You would have been put into an insane asylum.

But yes, we will see one quadrillion dollars in debt before we die (unless we will die soon).

But we will have smartphones and some nice Yacht Rock to listen to.

So not so bad.