Posted on 07/23/2018 10:42:32 AM PDT by Kaslin
ITEOTWAWKI
This boggles my mind, how this all stays together, so far anyway. Personally believe in being debt-free, although there are those in the camp of being totally in debt when it all goes down. My bet on the future currency is; silver, lead, and chickens.
Yes there is. For thousands of years, GOLD has been, and will continue to be, the only REAL currency accepted world-wide.
AIFF!
This is why I moved from Seattle in 2011 to rural Kentucky and 32 acres. I’ve seen the writing on the wall for a while now. A lot of people have. In fact, many experts are flabbergasted that they’ve been able to kick the can down the road for so long. The collapse should have been years ago.
But one thing that can not be overemphasized: As the US goes, so goes the world. I’m reminded of a line in the book of revelation and I paraphrase, “The merchant ships sit off shore and watch the country burn and say, ‘the great country has been wiped out in an hour. Now who’s gonna buy all our stuff?’” Revelation 18: 10-11
These guys nailed it way back in 2013 (it’s also hilarious):
https://www.youtube.com/watch?v=TlN28DoL5qA
BTW, when did trillion become the new billion?
But, what about bitcoin?!
;-)
If people didn’t care then Hillary would probably be president.
All of these problems are avoidable. If America were to steadily reduce its debt, the world would likely stick with the U.S. dollar for the foreseeable future; if it ain’t broke, don’t “fix” it, as they say. The only way for this to occur, however, is for politicians in Washington, DC to get their act together and move away from our currently unsustainable policies. That doesn’t appear to be happening on either side of the aisle, and the results could eventually be far-reaching and monumental.
The problem isn’t the politicians. The problem is the voters. We’re riding this thing all the way down to the rocks below.
As I’ve said before. The reason that no one cares is because the bill has not come yet.
As I’ve said before. The reason that no one cares is because the bill has not come yet.
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The bill is on the way.
I do believe Trump is trying to do something about the national debt. The Tax Cuts are spurring the economy and as Tax Receipts increase, the federal deficit spending should go down.
It’s rather unreasoned to state that nobody seems to care. We talk about it. We observe what Trump is doing.
What really causes me to wonder what is going on, is that during Obama’s time in office, only our side talked about the need to get the deficit under control. Hardly anyone else did.
Now that Trump is in power, all of a sudden it’s something, “...nobody cares about, and nobody is doing anything...”
Well yes, we do care. And yes, someone is doing something.
Doesn’t a faster growing economy help in any way, one that produces more jobs? This gloomy article seems to dismiss that possibility.
Solution: Reduce benefits or raise taxes or some combination thereof.
Either that, or they're really just hoping they check out before the **** hits the fan, which is quite selfish.
So, we can’t tax higher without killing the economy, I agree.
But we can cut spending.
When there is no other choice it will happen, and not until then.
They’ll just print money by the trillions as the debt comes due in the coming decades.
“we can’t tax higher without killing the economy”
You can be forced to overpay for everything so others can get bargain-basement pricing.
Think PPACA, “affordable” housing and college education.
My Democratic friend in a major city just got an “affordable” apartment - his annual costs will be less than my property tax here in Florida.
While your children might have tens of thousands of dollars of student debt, others from poorer backgrounds might graduate with no debt.
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