Thread 513310232

Realistically what would happen if ALL of America's debt got paid off? And we were at 0

>>513310232 (OP)
Think of how much you could borrow with a clean slate!

Collaps

>>513310232 (OP)
one thing at a time op


https://www.youtube.com/watch?v=4FYtNQ8izM0


but yer in the ballpark

They'd just spend it all again. Operating a government with no deficit seems impossible in increasing socialist former industrialized countries.

Realistically? Nothing that isn't occurring now. In fact, it would actually not be so great because we want other nations to be dependent on U.S. Treasury bonds.

The issue about the debt isn't that we have it, it's that it's far too fucking high and interest payments are eclipsing military spending. We need to either cut spending, raise taxes, keep growing economically, or a mixture of all of the above.

>>513310232 (OP)
The entire economy would collapse because the whole system runs on debt at this point. They jewed it so badly it will literally die if you try to save it. Like trying to pull a giant rod out of an impaled animal. Do you want it to die now or die later? That's our two options.

>>513310232 (OP)
Then OP will finally get laid

>>513310232 (OP)
Depends on how it gets paid off. If done through the printing press, we get an inflationary collapse. If attempting to just pay it off, we get a deflationary collapse. Both will force the government to get smaller and nuke the banking system.

>>513310424
/thread

>>513310232 (OP)
We'd be right back in stupid levels of debt a week later.

You can't fix an addict by giving him more drugs...unless you just want to kill him and be done with it.

>>513310396
This but unironically. The interest payments (and the risk of default) are really the only problems with debt.

>>513310232 (OP)
Retard here. I think if they paid off the debt they could borrow more money again and pay for whatever they want like military or infrastructure or healthcare and education and spend 30 trillies on it because they know it can be paid off and whoever is giving them money would be like “ok cool”

That isn't possible as long as the Federal Reserve controls our money

>>513310232 (OP)
Instantly borrow another $30,000,000,000,000

>>513311356
It's not possible with or without the Fed at this point. We'd have to grow our energy consumption on a scale that's just not going to be possible before interest payments eat us alive. We'd also have to get birth rates up, which isn't going to happen so long as we are an urban shithole dominant country.

>>513310232 (OP)
Lol nigger you dont actually think were gomna pay anyone any of that do you? Lol. Come try to collect kike. PLLLLLEEREAAAAASSEEEEE!!!!

>>513311655
this is correct, we'd borrow right up to the same amount immediately because thats the amount of debt our gdp can handle right now. we'd probably see a nice construction boom with the money.

>>513310232 (OP)
This type of debt isn't supposed to be paid off.

>>513310232 (OP)
people own that debt

i own that debt; a lot of people don't understand that its not the government holding that debt, but people

you're essentially wiping out money people put away for retirement, or invested through bonds, etc... can go on

>>513310232 (OP)
First off, you would have to get rid of jews, collapse you society and start over for that to happen.
Your nation runs on infinite debt.