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Re: America is headed to $20 trillion in national debt

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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:05 PM
Source: US TREASURY



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generalfolley is online. generalfolley
Joined: 05 Jan 2010
Total Posts: 6415
27 Jan 2016 08:05 PM
i mean.
if they want their money back.
fight us.
dfo.
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fleetcom is not online. fleetcom
Joined: 07 Jul 2009
Total Posts: 15546
27 Jan 2016 08:07 PM
us makes over 17 trillion in gdp annually so lol

dont let the huge number scare you the us has the economy to keep going lol
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dracomanx is not online. dracomanx
Joined: 23 May 2013
Total Posts: 15642
27 Jan 2016 08:08 PM
most nations are in debt
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generalfolley is online. generalfolley
Joined: 05 Jan 2010
Total Posts: 6415
27 Jan 2016 08:08 PM
make them.
fight us.

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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:09 PM
BUY AMERICAN, AMERICANS

I've been buying RedKap clothing, Tervis drinkware, and Cardone auto parts.
ALL AMERICAN MADE



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fleetcom is not online. fleetcom
Joined: 07 Jul 2009
Total Posts: 15546
27 Jan 2016 08:10 PM
you should be buying NAPA autoparts instead........

give my family money......
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Amicule is not online. Amicule
Joined: 27 Jun 2012
Total Posts: 2480
27 Jan 2016 08:11 PM
lmao while you guys are poor im sitting here rich making your iphones and stuff



Tinpot warrior
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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:11 PM
Chinese?!?!?



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ahpricity is not online. ahpricity
Joined: 02 Dec 2009
Total Posts: 8146
27 Jan 2016 08:12 PM
It sounds like a lot but the ratio isn't bad at all and other countries have passed our debt while western Europe is nearing it.
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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:13 PM
I know, just saying it shouldn't have gotten to this point. It's crossed boundaries too many times.



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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:14 PM
Also a big shoutout to the Clintons for signing the NAFTA bill, we've been sold to China.



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ahpricity is not online. ahpricity
Joined: 02 Dec 2009
Total Posts: 8146
27 Jan 2016 08:16 PM
Debt actually isn't always terrible. We previously took as many loans from other countries as we could and upon request, paid those same countries back without delay. It made us look credible before and now it's just a problem for everyone.

(s/o to the person who gave me a lesson on this)
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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:19 PM
Debt ain't bad, only reason politicians talk about it is because it is an easy way to slander each other. That's also why they try to impeach presidents near the end of their terms.


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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:19 PM
It will be a problem if it's not paid off. Under Obama's administration, $9 trillion has been added to the national debt.



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xPrecision is not online. xPrecision
Joined: 06 Nov 2015
Total Posts: 770
27 Jan 2016 08:20 PM
it's not like anyone's going to fight us to get it back, lol?

the only real problem would be if China and Russia teamed up to try to 'get money back'
don't think we owe Russia anything, they don't like america but they don't 'hate' us.

therefore it'd only be China fighting us, we'd send over another nuke, done...

if they fling one back, next attack is emptying the entire nuclear cellar on them.


/Chief of Iron Insurgency/
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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:21 PM
Debt will never be a problem. Higher our debt the better actually, that means our economy is strong enough to handle huge debts.


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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:22 PM
@xPrecision, Over 2/3rd of our debt is owed to the people not other countries.


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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:23 PM
China's entire country would collapse without America as an ally. As would most countries.


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fleetcom is not online. fleetcom
Joined: 07 Jul 2009
Total Posts: 15546
27 Jan 2016 08:24 PM
china wouldnt try invading us and russia wouldnt get involved if they did just because the rest of the world wouldnt accept an attack the us from them.

nor would anyone if china did so. besides i doubt they'd have the resources and logistic capabilities to do a mainland invasion of the US, and we would never use a nuke.
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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:25 PM
so basically lasoor, you're saying that there's no limit and money is infinite, correct?



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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:26 PM
China would never try to invade USA. They know they'd lose. They still have very limited military capability.


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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:26 PM
i wish i could spend money that way.



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Lasoor is not online. Lasoor
Joined: 17 Jan 2016
Total Posts: 5596
27 Jan 2016 08:27 PM
@Entrant, I'd like to see you prove otherwise. You really think countries can back 20$ trillion dollars with gold or some other valuable substance? No... it's all just a bunch if "I owe you" certificates that are printed in mass by a private corporation.


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entrant is not online. entrant
Joined: 13 Sep 2012
Total Posts: 5111
27 Jan 2016 08:31 PM
so why has the national debt ceiling been increased in the past several times?




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