When will the USA pay their debts, if ever?

[cutesakura]

for now I think the american debt can not be paid off because a lot of the cost is borne by the American states, such as social costs, the cost of war, cost of defense and security, all of which require a fee in an amount not less, especially just Americans poured some money and infrastructure in order to increase troops in the middle east, but I'm sure one day the debt will soon be paid off ... 

[1714665865]

1714665865

[Robert Paulson]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

[worle1bm]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

Just when I think you can't say anything dumber, you type something like this. Good lord. What level of education do you have?

[ScreamnShout]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

[MichaelBliss]

I wonder how many Americans actually feel honor-bound to pay this debt anyway?   I suspect, not many.  I think that reputation will bite them in the ass one day real soon!   

Cause we're talking about stealing.  Meanwhile, China and Russia continue to amass gold.

[NotLambchop]

... Meanwhile, China and Russia continue to amass gold.

And jewels.  Don't forget jewels.

[Robert Paulson]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

[boumalo]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

Don't think the federal government will allow states to leave the union without a fight, it doesn't even respect the constitution anymore and most states would benefit going out of the union; at least the mistakes will not be made on all states but just on some states and some states will get it right.

States would be able to compare what works and what doesn't

[poisenrang]

USA can pay any debt. make more research but here is a hint:

Good one! Here's another, from the vaults:

http://online.wsj.com/news/articles/SB10001424052748703730804576314953091790360

tl;dr "Prime Minister Morgan Tsvangirai told a farmer at a public rally last year that he should use the bricks of bank notes under his bed "to fertilize his fields.""

This is just the exact thing what happens if you print money, just becomes more zeros and more papers, but still not paying debts.

[BitcoinHeroes]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

The federal government does have actual assets (like land and gold) and revenue streams like fees from licenses and from money owed to it from debt to other countries. 

[Erdogan]

What about China's $23 trillion credit bubble?

The whole world is in massive debt, it's fantasy if you think it's just the United States who has a problem. 

the United States has the biggest debt, and the biggest trade deficit.
its the biggest parasite in the world, consuming 80 billion USD more than it produces every month.

A country consuming more then it produces does not make it a parasite. It means that it has the economic "credit" to be able to borrow such amounts and that it's country is stable enough so that other countries are willing to invest in the US. If this was not the case then currency markets would adjust so that the trade deficit would disappear and the US dollar would be much weaker

a country that consistently for 20 years consumes more than it produces is by definition a parasite, and the world would have had more goods if it didnt exist because its a consistent burden on the world.

Rich men who live off their inherited wealth are parasites?

no, but America isn't a rich man.
its a deadbeat that owes trillions in debts and yet continues to live beyond its means on borrowed money.

A deadbeat is generally considered to be someone who does not pay their debts regardless of their standard of living compared to the standard of living they can afford. The US government has yet to default (not pay) on their debts

They defaulted the day they got off the gold standard. They owed gold, but did not pay.

[boumalo]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

The federal government does have actual assets (like land and gold) and revenue streams like fees from licenses and from money owed to it from debt to other countries. 

Government get its money from taxation, it doesn't owe substantial financial assets except government debt and bad mortgage securities through the FED

[xmasdobo]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

Catalonia has been governed by a completely corrupt party called CiU for years. The main responsible and considered icon in Catalonia called Jordi Pujol is facing jailtime for 30+ years of corruption and scams. Catalonia will not solve shit by being independent because they have their biggest problems in its own territory. Good job at swallowing the propaganda tho.

[Possum577]

There's no real incentive to pay it off as long as the US can keep addressing, servicing the interest AND they can control the money supply.

What would be really cool though is if a US President centered his platform around reducing the debt, and only that. If he/she spent the 4 year term not spending more money, not introducing new programs, not ignoring all the waste. That would be really historic, they'd be remembered in the history books for such a great accomplishment. Unfortunately human nature has us wired differently. Every president needs to "make their mark in history" and as such tries to introduce some new legislation or plan, even when it's not needed.

[Possum577]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

It's hard to call it stealing in a democracy. The US citizens have the power of the vote and if they wanted to reduce or eliminate the debt or taxes they could vote to do so. Unfortunately, there's not organized effort to pool that voice, err vote, and make that desire a reality.

The government doesn't rule the people of a democracy, they only operate within the freedom and the ability granted to them by the People.

[Possum577]

The USA will pay their debts as soon as the People vote the government to do so.

It's as simple (and as difficult) as that.

[clubsofsteel]

id say its never gonna happen mate!

[shawshankinmate37927]

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

It's hard to call it stealing in a democracy. The US citizens have the power of the vote and if they wanted to reduce or eliminate the debt or taxes they could vote to do so. Unfortunately, there's not organized effort to pool that voice, err vote, and make that desire a reality.

The government doesn't rule the people of a democracy, they only operate within the freedom and the ability granted to them by the People.

Just because 50% +1 of the voting cattle are able to choose the rulers and use the euphemism of "taxing" doesn't mean it isn't stealing from the 50% -1 and those that don't or can't vote.

www.youtube.com/watch?v=t5FNDRgPOLs

[funtotry]

one way this could end is if states start to secede from the union, leaving the others with the bill, similar to what Catalonia is trying to do now in Spain.

The states do not actually have the right to leave the union as a war was fought over this right ~200 years ago and the states that wanted to leave lost.

Also no state in it's right mind wold want to leave the union as the federal government gives massive amounts of subsidies and funding for every single state for things like education and roads and medicare/medicaid

the federal government has no money but what it steals from the population.
thats why its not mathematically possible for all the states to be subsidized by the federal government.
what happens in reality is that the rich states are paying for the poor.
its in their best interest to leave the union and stop subsdizing the deadbeat states.
a bonus point is that they get to escape paying the impossible debt the federal government has racked up.

It's hard to call it stealing in a democracy. The US citizens have the power of the vote and if they wanted to reduce or eliminate the debt or taxes they could vote to do so. Unfortunately, there's not organized effort to pool that voice, err vote, and make that desire a reality.

The government doesn't rule the people of a democracy, they only operate within the freedom and the ability granted to them by the People.

The issue is that it is easy to manipulate the outcome of elections which takes away the value of each person's vote

[botany]

Just because 50% +1 of the voting cattle are able to choose the rulers and use the euphemism of "taxing" doesn't mean it isn't stealing from the 50% -1 and those that don't or can't vote.

www.youtube.com/watch?v=t5FNDRgPOLs

It may not even be 50%!
There are some presidents who have lost the popular vote.