US Debt Has Exploded

[arbitrage]

https://www.youtube.com/watch?v=O_TjBNjc9Bo
I found this one is best for fast learning and understanding how will this debt destroy middle class and if not cured can devastate whole world..

[mavrick951]

They stop stop pressing money already! What is the end of the line for this crazy debt spiral?

[pitham1]

They stop stop pressing money already! What is the end of the line for this crazy debt spiral?

There is no end. There is only hope that the music never stops and nobody is left holding a big pile of debt. 

[abokhalel2]

The US Debt Just Exceeded $19 Trillion. This is unbelievable!

[RealBitcoin]

The US Debt Just Exceeded $19 Trillion. This is unbelievable!

No it's not, it will probably double the next years. It is really getting big.

[qiwoman2]

The debt in the United States and elsewhere is what is creating more and more wars and hardship for billions of people around the world. If governments don;'t get their houses in order how do they expect the people to trust them or try to do any better? This is why it is important for our generations and the next to fight for more sustainable living systems. This American dream is now imploding on it's own people.

[RealBitcoin]

The debt in the United States and elsewhere is what is creating more and more wars and hardship for billions of people around the world. If governments don;'t get their houses in order how do they expect the people to trust them or try to do any better? This is why it is important for our generations and the next to fight for more sustainable living systems. This American dream is now imploding on it's own people.

They need to get back to the 1800's era, the only debt they had then was the civil war debt, which was nothing compared to what they have now.

[arbitrage]

This is very depressing all that public debt someone will pay in future ..
Your kids and grandsons will suffer the most...

[yvv]

This is very depressing all that public debt someone will pay in future ..
Your kids and grandsons will suffer the most...

They don't seem to care about their kids and grandsons. They want to live here and now.

[Cyaren]

I think the US debt shouldn't really be measured in US dollars anymore since the whole thing is a bubble that is destined to burst. If we measure those figures in ounces of silver or gold I think they're pretty much the same.

[yvv]

I think the US debt shouldn't really be measured in US dollars anymore since the whole thing is a bubble that is destined to burst. If we measure those figures in ounces of silver or gold I think they're pretty much the same.

Yes, you should measure US debt in US dollars, since they borrowed US dollars. They can create those dollars out of air, but they still need to borrow some from those, who can't create them. This is like if you mine bitcoins, you create bitcoins, but you may still want to borrow some to pay your bills. In this case you owe bitcoins, not dollars or gold or whatever.

[MedaR]

This is so bad and nobody doing anything?
Everything is ok when happening to someone else.
Whole world will suffer if US bomb explode!
 

[arbitrage]

“Countless people will hate the new world order and will die protesting against it.” – H.G
What people can do against? Police is their, army is there..
We can only spread awareness through people to know who ruling the world.

http://www.euronews.com/2015/06/04/activists-gather-in-munich-to-protest-weekend-g7-summit/
http://www.globalresearch.ca/the-toronto-g20-riot-fraud-undercover-police-engaged-in-purposeful-provocation/19928

[Laosai]

This is so bad and nobody doing anything?
Everything is ok when happening to someone else.
Whole world will suffer if US bomb explode!
 

Nah it's ok bro.

US debt is own mainly by China.
US can erase debt at any moment just by printing 100 000$ bills and calling them 1$' bills. Suddenly debt is divided by 100 000.

Only China will suffer xD

[MedaR]

This is so bad and nobody doing anything?
Everything is ok when happening to someone else.
Whole world will suffer if US bomb explode!
 

Nah it's ok bro.

US debt is own mainly by China.
US can erase debt at any moment just by printing 100 000$ bills and calling them 1$' bills. Suddenly debt is divided by 100 000.

Only China will suffer xD

Nope whole world will be affected as it was before.
Problem is not only US , EU also have very bad economic situations GREECE was just a start!
China will only take the lead if US fall.
China have different problems with population growth.

[Laosai]

This is so bad and nobody doing anything?
Everything is ok when happening to someone else.
Whole world will suffer if US bomb explode!
 

Nah it's ok bro.

US debt is own mainly by China.
US can erase debt at any moment just by printing 100 000$ bills and calling them 1$' bills. Suddenly debt is divided by 100 000.

Only China will suffer xD

Nope whole world will be affected as it was before.
Problem is not only US , EU also have very bad economic situations GREECE was just a start!
China will only take the lead if US fall.
China have different problems with population growth.

Yeah but you forget something.

See in our peaceful world, people tend to think that money is power.
What they forget, is that money isn't power, military power is power.

Yes we're in debt, and so?
Imagine tomorrow EU and USA say "ok sorry we don't want to repay, you've earned far enough with the decades of interest we already paid so now we say stop and won't pay anything more".

What would happen?

[RealBitcoin]

Yeah but you forget something.

See in our peaceful world, people tend to think that money is power.
What they forget, is that money isn't power, military power is power.

Yes we're in debt, and so?
Imagine tomorrow EU and USA say "ok sorry we don't want to repay, you've earned far enough with the decades of interest we already paid so now we say stop and won't pay anything more".

What would happen?

Hahaha keep dreaming.

The elite are so greedy that they would put people in  labour camps to pay back the debt before that would happen.

Are you unemployed? No problem, off to the gulag with you.

Thats the dark future we are looking ahead to

[MoneyChanger]

Yeah but you forget something.

See in our peaceful world, people tend to think that money is power.
What they forget, is that money isn't power, military power is power.

Yes we're in debt, and so?
Imagine tomorrow EU and USA say "ok sorry we don't want to repay, you've earned far enough with the decades of interest we already paid so now we say stop and won't pay anything more".

What would happen?

Hahaha keep dreaming.

The elite are so greedy that they would put people in  labour camps to pay back the debt before that would happen.

Are you unemployed? No problem, off to the gulag with you.

Thats the dark future we are looking ahead to

Very possible FEMA camps are ready..
Back to old fashioned communism.

[leowonderful]

rip usa.
Wonder what that amount is in bitcoin though...
USA WILL GO BANKRUPT EVENTUALLY.. ITS INEVITABLE. (unless we print a bill that's worth 19 trillion and is called a penny lol).

[markj113]

rip usa.
Wonder what that amount is in bitcoin though...
USA WILL GO BANKRUPT EVENTUALLY.. ITS INEVITABLE. (unless we print a bill that's worth 19 trillion and is called a penny lol).

You make a joke of it but they did actually talk about creating a few trillion $ platinum coins.

http://www.bloomberg.com/news/articles/2015-03-13/the-trillion-dollar-platinum-coin-is-back