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Re: How is debt even a problem for America?

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SuperMarioIsAwesome is not online. SuperMarioIsAwesome
Joined: 12 Apr 2010
Total Posts: 16966
04 Apr 2014 10:07 PM
It's not like there's anything that country can do if America decides to not pay debt to them
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flatline115 is not online. flatline115
Joined: 29 Jul 2013
Total Posts: 7826
04 Apr 2014 10:09 PM
It can stop buying bonds and embargo them -_-
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gimyung is not online. gimyung
Joined: 02 Dec 2013
Total Posts: 286
04 Apr 2014 10:12 PM
"Three teams of economists have separately shown that high government debt has a negative effect on long-term economic growth. When government debt grows, private investment shrinks, lowering future growth and future wages.
Estimates across advanced economies show that debt drag reaches large and statistically significant levels as debt grows, with the worst effects occurring after debt reaches 90 percent of gross domestic product (GDP). With U.S. federal, state, and local government debt at 84 percent of GDP and rising, policymakers should begin taking debt drag into account when considering new deficit spending."
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mathisawsome is not online. mathisawsome
Joined: 17 May 2011
Total Posts: 14817
04 Apr 2014 10:14 PM
You know nothing about the US debt.









IT IS A REALLY BIG F#&$ING PROBLEM YOU IDIOT
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evilkiller108 is not online. evilkiller108
Joined: 09 Oct 2011
Total Posts: 4776
04 Apr 2014 10:26 PM
Incorrect, they could launch all of their warheads to USA, even if they counter them, they'll still be gone.
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mathisawsome is not online. mathisawsome
Joined: 17 May 2011
Total Posts: 14817
04 Apr 2014 10:29 PM
"Incorrect, they could launch all of their warheads to USA, even if they counter them, they'll still be gone."






Nah, they need 1 nuke to hit Washington D.C. And that is all. :)
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tydog98 is not online. tydog98
Joined: 15 Sep 2009
Total Posts: 27704
04 Apr 2014 11:05 PM
Implying we can't press more red buttons faster than them and that no one would attack them for using a nuke

Never tell me the odds
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Cazamal is not online. Cazamal
Joined: 07 Jul 2013
Total Posts: 1256
04 Apr 2014 11:56 PM
@math

i seriously doubt you're autistic

¡La migra! ¡Correr!
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mathisawsome is not online. mathisawsome
Joined: 17 May 2011
Total Posts: 14817
05 Apr 2014 12:07 AM
"i seriously doubt you're autistic"





I am a little bit. How did you know? .-.
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evilkiller108 is not online. evilkiller108
Joined: 09 Oct 2011
Total Posts: 4776
05 Apr 2014 12:14 AM
@ty A random nuclear strike, out of no where, couldn't be countered by "pressing red buttons."
If it were completely unexpected, USA might not even have time to react.
And nuclear missles most likely aren't launched from red buttons, as it would take a while to aim them to their destination, then if there were, by some coincidence, some red button to fire them all, the nuclear missles from their enemies would have already gotten there.
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evilkiller108 is not online. evilkiller108
Joined: 09 Oct 2011
Total Posts: 4776
05 Apr 2014 12:15 AM
Also, even if other nations would destroy them for what they did, they would be known as the country that took down the dominant super-power in the world.
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SuperMarioIsAwesome is not online. SuperMarioIsAwesome
Joined: 12 Apr 2010
Total Posts: 16966
05 Apr 2014 05:38 AM
They can't nuke America because of the M.A.D. law. If a country nukes another country then that country is allowed to nuke them back, then it creates a domino effect eventually leading to a nuclear war
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evilkiller108 is not online. evilkiller108
Joined: 09 Oct 2011
Total Posts: 4776
05 Apr 2014 12:31 PM
That was my point in the first place... It would mean USA being destroyed either way.
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