World Government debt hits new record !
Here's how Democrats and Republicans Here in The USA are all the same Folks! The Republicans give it to the rich with tax cuts and The Democrats give it to illegals and the poor welfare recipients while the middle class gets the shaft with Government Fees and Taxes! That includes all municipal,county state and Federal entities! Wake up!!Government debt hits record because we the people are in the vise as the poor and rich squeezes us for more and more.
serf
https://www.cnbc.com/2019/01/23/government-debt-tab-hits-66-trillion-80percent-of-global-gdp-fitch-says.html?__source=newsletter|eveningbrief
U.S. debt began accelerating at the turn of the 21st century. The total jumped 85 percent to $10.6 trillion during former President George W. Bush's two terms, another 88 percent to $19.9 trillion under President Barack Obama and has risen 10 percent during the first two years of President Donald Trump's term.
serf
https://www.cnbc.com/2019/01/23/government-debt-tab-hits-66-trillion-80percent-of-global-gdp-fitch-says.html?__source=newsletter|eveningbrief
U.S. debt began accelerating at the turn of the 21st century. The total jumped 85 percent to $10.6 trillion during former President George W. Bush's two terms, another 88 percent to $19.9 trillion under President Barack Obama and has risen 10 percent during the first two years of President Donald Trump's term.
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Why is this an issue? All they do is create more ones and zeros in a server and schzaam more money?
According to all things historic we are headed for extreme disaster. With today being 100% different because of the computer the old ways do not seem to have any meaning. The adage of those that fail to learn from history are doomed to repeat it do not seem to apply now. Why? Computers.0 -
Well, the general public has no one to blame but themselves. They put these idiots in office, far too often kept them in office and let it happen. This debt is never going to be paid down let alone paid off because it's simply too high. It cost the taxpayers in this country 500 billion dollars this year just to service the national debt. Just imagine what the cost is to service all debt in this country, from personal to federal??!! [xx(][xx(] 0 -
quote:Originally posted by bpost
Why is this an issue? All they do is create more ones and zeros in a server and schzaam more money?
According to all things historic we are headed for extreme disaster. With today being 100% different because of the computer the old ways do not seem to have any meaning. The adage of those that fail to learn from history are doomed to repeat it do not seem to apply now. Why? Computers.
Just a bigger conspiracy for an allusion with credit default swaps with international institutions running more central banks roulette wheels is all.
Sure computer trading on the nanosecond buying on the stock market keeps or plugs the drain from sucking it all down now along with circuit breakers but in the end, the fall just will be bigger for the massive NWO reset with the new cashless society to start it all over again.
serf0 -
wait till it is mandated in the USA that our taxpayers support everyone in the world who is unhappy with their own govt.....extending the U OWE ME entitlement to the max... 0 -
quote:Originally posted by spasmcreek
wait till it is mandated in the USA that our taxpayers support everyone in the world who is unhappy with their own govt.....extending the U OWE ME entitlement to the max...
The Swiss bank of international settlements is sure going to have a big problem with calculations after all the derivatives and credit default swaps! I wonder that is why all those central banks hoard gold in their vaults and call it a relic of past not worth owning! [;)]
serf0
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