2007-10-01 18:35:05 · 11 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
Any concerns on a national security angle? having so much of current US consumption being financed by possible adversaries in the future (China)
2007-10-01 18:49:34 · update #1
Every country has debts to one another. It makes no sense. Our debt is probably tiny if we look at what others owe us.
2007-10-01 18:42:31 · answer #1 · answered by Anonymous · 0⤊ 3⤋
in all probability no longer. we had a probability to start paying it down whilst the GOP congress tightened up the handbag strings on clinton and mutually they produced a surplus. then the wheels got here off the wagon. the liberals had to improve social spending, and the conservatives needed a tax decrease. (i theory paying off debt FIRST replaced right into a fiscally 'conservative' theory, yet i assume i replaced into incorrect.) enable's be honest approximately issues, although: 1980 - national debt - approximately 900 billion the reagan years 1988 - national debt - approximately 2 trillion the bush the 1st years 1992 - national debt - approximately 4 trillion (are we seeing a development right here?) the clinton years 2000 - national debt - approximately 5 trillion (a pair of 25% improve as against the previous one hundred% will improve) the bush the 2d years 2008 - national debt - 11 trillion the place replaced into the properly-widespread republican economic conservatism?
2016-10-10 03:45:23 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Governments never pay off their debt, nor should they. Firstly, governments are criminal organizations that inherently violate the rights of all people within a certain geographical area (they murder their "citizens," oftentimes while fighting other governments or freedom fighters trying to overthrow a government, they steal through "taxation," which is nothing more than a euphemism for extortion, and even if they respected those rights, they still violate the right to run a competing protection agency and are therefore still criminal). Anybody who loans money to a government is complicit in that government's crimes and does not deserve their money back.
There are only 3 ways that a criminal gang like a government that produces nothing and only destroys wealth can pay back the money which it has borrowed. One, it can steal it through "taxation." Two, it can counterfeit it (usually through a Central Bank). Third, it can do the honest and right thing and just default on its debt (which of course, will also cause a very low credit rating and prevent that government from borrowing money in the future).
2007-10-01 19:42:46 · answer #3 · answered by Anonymous · 2⤊ 0⤋
"No, we don't. To get Americans to accept the Amero, they need to make life horrible here in the states...which includes making the dollar crash...They don't have very much farther to go either. The dollar is currently at a 50 year low."
Aye, the Amero is the only thing I can think of that would save our economy from inflation and completely screw over China at the same time. The other aspect is a world war, which the climate is just right for that.
Now, the Amero you are talking about is from the NAU or the NAA. North American Union or a subversive name of North American Alliance. For the Amero to come about, Americans would have to give up their sovereignty. Most Americans are very patriotic and proud of their history so willingly giving up their sovereignty isn't going to happen. The NAU could easily result in the fracturing of the states which would result in civil war.
2007-10-01 19:21:36 · answer #4 · answered by Anonymous · 1⤊ 1⤋
No, and here's why...what is anyone going to do about it? Really, what can our creditors do? You can read all kinds of academic explanations but the bottom line is "what can the creditors do about it"? They can keep collecting interest payments or they can call in the loan and then what? Foreclose on the United States?
This whole BS national debt nonsense is just a moneymaking scheme to keep rich people rich and the public ignorant.
2007-10-06 14:05:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think the US realizes it probably will never pay off its debt. Also another reason why this is so is because the central bank charges for each dollar bill made interest so its impossible to get rid of debt because the process of creating money makes debt
2007-10-02 11:19:47 · answer #6 · answered by Anonymous · 3⤊ 0⤋
how can you pay off a debt that there is not enough money in circulation to accomodate, and if I am not mistaken the united states was declared insolvent and bankrupt in 1933.
so in reality we are still in chapter 13 and sinking fast owned by the international banking mob.the united states was declared bankrupt by roosevelt, and has been so ever since.
how could you ever pay the national debt off when the government can not balance a budget or fund the programs it
passes in congress???
2007-10-02 00:21:32 · answer #7 · answered by CHRIS S 2 · 3⤊ 0⤋
Nope, its like half the people in our country. The debt is too big to pay off. We need to borrow more. But for some reason everything is okay. We will just live with debt, like country like citizen.
2007-10-01 18:39:17 · answer #8 · answered by Bobby K 3 · 1⤊ 1⤋
No, we don't. To get Americans to accept the Amero, they need to make life horrible here in the states...which includes making the dollar crash...They don't have very much farther to go either. The dollar is currently at a 50 year low.
2007-10-01 18:47:29 · answer #9 · answered by Fedup Veteran 6 · 2⤊ 1⤋
No and this movie explains explicitly why:
Go to Google then select video and put into the search "Freedom Fascism Authorized" and you'll get the movie as the first hit.
2007-10-01 18:43:18 · answer #10 · answered by Bloatedtoad 6 · 3⤊ 0⤋