Thread 519578775

What actually happens if US forecloses on its debt?

Nothing. Nothing ever happens.

>>519578775 (OP)
Transfer of wealth. Nothing lasts forever.

>>519578775 (OP)
nothing, either the jews in charge would call in debt recovery and take the government positions and sell them for profit(same as always) or theyd say you couldn’t borrow any more and youd have to print your own. yiu can literally keep printing money forever and it doesn’t matter, the debt is always moved along to the next lot. been looking for a video where the old reserve president said as much in congree. i saw it on a jimmy doore? doyle? clip.(i know i know)

>>519579289
it was that alan whatshisface? greenspan, just looked it up.

>>519578775 (OP)
Pension funds, 401ks, and index funds go bye byeeeeeeeee.

>>519578775 (OP)
They can't with the current system. They'll just print to infinity

>>519578775 (OP)
The banks colapses , the big one buy the shit for cheap, forgive the chosen few while the other gives up their rights for food and rent. The consumption will be for the asset holders and the producers will be ai or mix serbs class.

>>519579289
Just use the military to expel the lenders and tell them the debt is void or you will kill them.

>>519579366
lol no they dont. you can just reprint the money. why do you people think its hard work to pass the job of printing back to the people?

>>519578775 (OP)
Why would anything happen? What is anyone gonna do about it?

>>519578775 (OP)
a lot of jews lose their passive income

>>519578775 (OP)
Petrodollar backed by thermonuclear weapons. If we go, you go.

>>519578775 (OP)
Skyrocketing interest rates in short term bonds followed by a total collapse in the US bond markets altogether and then loss in confidence of all US assets, including the dollar. Everyone tries to get rid of all dollar backed assets, global markets crash, dollar loses its value and reserve status, and the whole planet enters the worst recession it has ever seen.

>>519580219
>What is anyone gonna do about it?
Stop buying dollars and dollar backed securities.

>>519580888
lmfao you really believe that dont you. do you remember the last time they stopped the jews printing? literally nothing happened and you got greenbacks.

>>519580928
oh noo, no the jews hecking bonderinos and securitatos. why could those things not continue with jews at the helm?

>>519581131
>>519580928
>you got
well, yankees

>>519578775 (OP)
Everyone gets to be as poor as me.

>>519581131
>lmfao you really believe that dont you.
It's not a question of beliefs. If US defaults on its bonds, only an insane person would continue buying them. If people don't buy them, they lose their value. If US bonds lose their value, 40 trillion dollars evaporate from the global markets.

>>519579289
Or, the jews who hold that debt get killed and we just print our own dollars without that gay one-eyed pyramid on the notes.

>>519578775 (OP)
A mere ball of flaming gas would have illuminated the world the next day.

>>519578775 (OP)
A 'default' in this case means the US simply wouldn't make bond payments, which would crash the value of those bonds, meaning that the market for US treasuries would tank, along with all the associated funds and stocks which hold those treasuries.

One practical effect would be a substantial contraction of the US federal budget, which relies on deficit spending. This would no longer be possible, since no one would buy US debt securities except for the US itself, which means lots of emergency money-printing.

The federal government would have to triage to pay for things it actually considers important, while probably shedding most entitlement payments (pensions; social security) as well as social welfare systems such as Medicaid.

>>519581387
oh no, not my hecking 40 trillion dollarinos. people have already bought whatever theyve bought, if us defaults then no one can buy more anyway, unless, the us said hey, we are doing it ourselves, not the jews. dont worry we got you.

Basically the entire financial system implodes because trillions of dollars of assets was just vaporized which means a lot of banks, corporations, local, region and national governments and private individuals suddenly owe more money than they have in assets which means they can't borrow more money. Meanwhile the value of the bond also serve as the basis for other lending such as mortgages. So anyone looking to get a mortgage would be told to fuck off. Anyone with a variable interest rate would have their rates go to insane rates because the government bond price go to zero because the government isn't paying out anymore. Then that happens to basically the entire global financial system and nobody can borrow money because the rates are insane. The dollar goes zimbabwe mode as all the dollars in circulation floods back into the US because nobody else reocgnizes it as legal tender under any circumstances.

The entire world economy would have to reset to some new order as it goes through several years of unimaginable economic turmoil and hardship. Most likely it would be the defining event of the 3rd millenium and eclipse the fall of any world empire in human history.

>>519581539
>i have to have a chinese man buy a bond to pay my people benefits
lmfao they’ve seriously conflated ot so much people actually believe its all real. the bank of england was created with literal pieces of wood.

>>519581614
>unimaginable economic turmoil
but you’re imagining it lmfao. scaremongering jews flood /pol/

>>519578775 (OP)
Financial boogie man.

Financial ruin just looks bad on paper. It's not actually that bad.

>>519581570
I can't decipher your jeet-speech.

>>519578775 (OP)
What do you mean if?

>>519581719
>jeet
not a jeet but you’re definitely a jew.

>>519578775 (OP)
https://www.youtube.com/watch?v=sIwHwLOZMe4

>>519581791
>and i feel fine

>>519578775 (OP)
the US is the one in debt, it foreclosing will mean nothing, as it will need to pay off its 38 Trillion in the process.

>>519578775 (OP)
I mean China did this almost three times in the last hundred years.
Russia did it twice.

Nothing ever fucking happens dude.
You can foreclose on the debt, but the very next year the new debt will be almost as bad anyways and will quickly return.

>>519579826
because when you deport them their hate for you will simply vanish and they will totally not try to kill you instead

>>519581429
This. Rothschild private central banking scam can't last another century. Uncle A showed us the way.
>They don't think it be like dat
>But it do

>>519578775 (OP)
The value of the dollar becomes 0 and the US sinks into despair.
That debt is the only thing adding value to the US dollar.
Reprinting money would be retarded, because money by itself has no value.
It's a chain reaction where people will simoly not accept dollars as payment, thus the economy collapses.

>>519582580
>money by itself has no value
yet you still use it and can buy things. we could literally swap them all for pieces of paper with numbers written on and exchange those if everyone just agreed.

>>519582324
Then just kill them.
Debt ceases to exist, problem solved.
They have no real leverage besides shaking their fist and saying you will have a bad credit score.

>british retard in here acting like printing infinity dollars to fix the bond markets wouldn't have a negative impact on the lives of the average person
>>519578775 (OP)
What happens is every dollar will suddenly be worth about what a penny is now, and it will get worse from there.

>>519578775 (OP)
nothing. who will dare to try to collect it?

>>519582944
>printing infinity dollars
i never said such a thing. and the dollar is worth whatever our mind makes it worth. money is literally collective consciousness agreeing. we all know its not backed by gold yet we continue using it almost worldwide.

>>519583153
It's not backed by gold, you're right. It's backed by guns and the implicit threat of violence.

>>519583135
That isn't the way it works...other institutions need to have faith in the credit of the dollar in order to use it.
If you give a guy $5 to buy a hamburger after he says he'll pay you back and then he doesn't how many more times are you going to give him $5?

>>519583289
>scared of violence from jews who only have weapons because we supplied them
bro, come on now. jerome powel is a fag too
>>519583517
why did you give him 5 in the first place? it was for something.

>>519583517
USA can do what Germany did in 1939.

>>519583517
How do you say no to this man?!

>>519583991
by realising he’s jewish