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freedomno1
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Learning the troll avoidance button :)
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January 29, 2015, 07:19:54 AM |
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This is interesting in a way A chart that makes african debt look like a minor thing
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Believing in Bitcoins and it's ability to change the world
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CoinCidental
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Si vis pacem, para bellum
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January 29, 2015, 07:25:05 AM |
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who cares ? they are going to keep the pedal to the metal until it breaks regardless......... printing free money can not stop or it would be literally the end of the world 2big2fail ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Kprawn
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January 29, 2015, 08:48:51 AM |
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Did you notice how many of the "Doomsday Preppers" {TV Series} in the USA are preparing for a total US economic collapse in comparison to other disasters? The people know what is coming, and they just ignoring it, because it has become the norm. They also have a false sense of security, in the fact that the government bailed out HUGE banks, with the last economic meltdown. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) You can only stimulate a economy with tax money and printing extra money, for so long. At some stage, it will collapse and it will bring a global financial crysis. {We will all suffer for the mistakes of one country} The same happened with the Euro { The PIGS countries nearly brought the whole Euro zone to it's knees } Ignorance is a bliss.
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Elwar
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Viva Ut Vivas
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January 29, 2015, 09:26:11 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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CoinCidental
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Si vis pacem, para bellum
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January 29, 2015, 09:33:12 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
its not in their best interests to keep it updated ........its going to get bigger until it collapses but nobody wants to say what happens when the music stops ...... just keep printing away is all they can do now .......imagine the compounded interest on 18+ trillion
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newIndia
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January 29, 2015, 09:40:06 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
I checked the map. It is saying that all the countries have some debt, even the green ones. I wonder, then who is lending ? I mean, is there any country without a debt ? p.s. Sorry, I'm not good in economics.
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avw1982
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January 29, 2015, 09:41:44 AM |
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The 'richer' the country, the higher the debt.
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michaeladair
Sr. Member
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I'm a Web Developer: HTML, CSS, PHP, JS.
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January 29, 2015, 09:46:18 AM |
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U.S.A is the country that didn't take personal finance in highschool...
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cbeast
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Let's talk governance, lipstick, and pigs.
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January 29, 2015, 09:54:09 AM |
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As above, so below. Americans are only following the example of their elected leaders.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Elwar
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Viva Ut Vivas
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January 29, 2015, 10:22:05 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
I checked the map. It is saying that all the countries have some debt, even the green ones. I wonder, then who is lending ? I mean, is there any country without a debt ? p.s. Sorry, I'm not good in economics. The United States issues Treasury Bonds. Anyone, including US and foreign citizens, can buy those bonds. Some foreign governments also buy them for the stability of the investment.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Elwar
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Viva Ut Vivas
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January 29, 2015, 10:42:50 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
its not in their best interests to keep it updated ........its going to get bigger until it collapses but nobody wants to say what happens when the music stops ...... just keep printing away is all they can do now .......imagine the compounded interest on 18+ trillion Looking at Q3 2014 it shows that the debt to GDP ratio is over 100%. This is when bad things start to happen. Greece passed 100% in 2005. The first austerity measures were implemented in 2010 by the EU to save the Greek economy. The United States does not have an "EU" to implement austerity measures.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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CoinCidental
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Si vis pacem, para bellum
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January 29, 2015, 11:11:59 AM |
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It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.
its not in their best interests to keep it updated ........its going to get bigger until it collapses but nobody wants to say what happens when the music stops ...... just keep printing away is all they can do now .......imagine the compounded interest on 18+ trillion Looking at Q3 2014 it shows that the debt to GDP ratio is over 100%. This is when bad things start to happen. Greece passed 100% in 2005. The first austerity measures were implemented in 2010 by the EU to save the Greek economy. The United States does not have an "EU" to implement austerity measures. the US government can keep borrowing "new treasuries" from the "fed" i dont see what else they can do and if anyone says no all the banks will fail at once ? i read somewhere that debt to GDP is/ was at 108% recently so it maybe fucked even more than greece on paper anyway .....
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countryfree
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Your country may be your worst enemy
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January 29, 2015, 12:42:06 PM |
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The United States does not have an "EU" to implement austerity measures.
We know that, the US is a free country, its federal reserve can print as much money as it wants. Up to the point where people suddenly realizes that always creating more money creates more problems than it solves, and that the faster the money is created, the faster it depreciates.
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I used to be a citizen and a taxpayer. Those days are long gone.
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NeuroticFish
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Looking for campaign manager? Contact icopress!
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January 29, 2015, 12:54:28 PM |
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I think that the better graph would be the one that shows the colors based on debt as %GDP. Just it's not loading up for me ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Also, imho, more alarming is that in US the public debt change is >10%
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CoinCidental
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Si vis pacem, para bellum
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January 29, 2015, 01:02:17 PM |
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usa is in debt by 1.3 trillion to china and 1.2 trillion to japan iirc but majority of the debt is homemade
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Q7
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January 29, 2015, 02:15:34 PM |
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And who says bitcoin is not the solution to all these problems.
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BillyBobZorton
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January 29, 2015, 05:13:28 PM |
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Thats why when they say "USD IS RECOVERING!!!" they never talk about shit like this. Its a massive scam.
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Meuh6879
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January 29, 2015, 07:06:31 PM |
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when all countries are debt ... the RESET of financial system is more easy ... (FMi) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flightworker29501.files.wordpress.com%2F2014%2F10%2Fchristine-lagarde-global-currency-reset-imf_davos2014.png&t=665&c=T1S5oBc3yk5XNg)
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hdbuck
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January 29, 2015, 08:13:17 PM |
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when all countries are debt ... the RESET of financial system is more easy ... (FMi) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flightworker29501.files.wordpress.com%2F2014%2F10%2Fchristine-lagarde-global-currency-reset-imf_davos2014.png&t=665&c=T1S5oBc3yk5XNg) "Enact Immolation Initiative" ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLmy5Ph.jpg&t=665&c=pF8YWhw5NDrZ0g)
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