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  1. 2012-11-07, 06:26 AM #1
    Dairyking101
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    Is America in Trouble?

    After the elections (I didn't support either party) I just thought is America in trouble with either party in power? Like their debt is insanely high that it's almost impossible to pay off. My question is "America is it in trouble?"
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  2. 2012-11-07, 06:26 AM #2
    obdigore
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    No.

    10char.
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  3. 2012-11-07, 06:28 AM #3
    kynthrus
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    short answer: no.
    long answer: not anymore than any other time.
    It's like crossing an intersection. There's shit going on all over the place and you don't panic and act like an idiot then do you?
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  4. 2012-11-07, 06:30 AM #4
    Mandible
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    Not anymore than before the election, and you weren´t in trouble then.
    "Only Jack can zip up."
    The word you want to use is "have" not "of".
    You may have alot of stuff in your country, but we got Lolland.
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  5. 2012-11-07, 06:33 AM #5
    vindicatorx
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    The above posters have said all that really needs said so I will just say ditto.
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  6. 2012-11-07, 07:06 AM #6
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    They are for a long time in trouble ... they'll keep living the ilusion 4 more years.
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  7. 2012-11-07, 07:22 AM #7
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    Yes. America is eventually going to go bankrupt.
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  8. 2012-11-07, 07:25 AM #8
    Elegiac
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    Quote Originally Posted by tommypilgrim View Post
    Yes. America is eventually going to go bankrupt.
    Sovereign states the size of the US can't go bankrupt. They have too much capital and can simply monetize their debt if it grows too large.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.
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  9. 2012-11-07, 07:28 AM #9
    lokithor
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    Only way were in trouble is if we go to war again. We just don't have the money for that.
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  10. 2012-11-07, 07:34 AM #10
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    Quote Originally Posted by Didactic View Post
    Sovereign states the size of the US can't go bankrupt. They have too much capital and can simply monetize their debt if it grows too large.
    Monetizing the debt is already happening, and as you well know it's not indefinitely sustainable.
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  11. 2012-11-07, 07:35 AM #11
    Gheld
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    Considering that POTUS has extremely limited power over domestic policy, and that every POTUS since World War 2 has had the exact same approach to foreign policy I somehow doubt this particular election will result in anything different.
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  12. 2012-11-07, 07:37 AM #12
    Elegiac
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    Quote Originally Posted by Diurdi View Post
    Monetizing the debt is already happening, and as you well know it's not indefinitely sustainable.
    When they introduce a new currency or simply issue a declaration of absolution then I will consider it monetized.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.
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  13. 2012-11-07, 07:39 AM #13
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    the whole fucking world is my freind.
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  14. 2012-11-07, 07:50 AM #14
    SirRobin
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    Quote Originally Posted by kynthrus View Post
    short answer: no.
    long answer: not anymore than any other time.
    Pretty much this.
    Sir Robin, the Not-Quite-So-Brave-As-Sir-Lancelot.
    Who had nearly fought the Dragon of Angnor.
    Who had almost stood up to the vicious Chicken of Bristol.
    And who had personally wet himself, at the Battle of Badon Hill.
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  15. 2012-11-07, 07:52 AM #15
    Slowpoke is a Gamer
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    The danger is not just to ourselves, but the rest of the world.

    Maybe when they see what Unleashed Obama does, they will understand.

    #TeaPartyRises2014
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  16. 2012-11-07, 08:07 AM #16
    SirRobin
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    Quote Originally Posted by dokhidamo View Post
    The danger is not just to ourselves, but the rest of the world.

    Maybe when they see what Unleashed Obama does, they will understand.

    #TeaPartyRises2014
    Hehe...

    I love delusions like this one. Obama and the Democrats owned the executive and legislative branches of government for two years. He could have gone on a reform binge that would have made FDR look like a conservative in comparison. Instead, he barely got a gutted Obamacare out the door. Obamanation? Hardly...
    Sir Robin, the Not-Quite-So-Brave-As-Sir-Lancelot.
    Who had nearly fought the Dragon of Angnor.
    Who had almost stood up to the vicious Chicken of Bristol.
    And who had personally wet himself, at the Battle of Badon Hill.
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  17. 2012-11-07, 08:08 AM #17
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    Quote Originally Posted by Didactic View Post
    When they introduce a new currency or simply issue a declaration of absolution then I will consider it monetized.
    What do you think Quantitative Easing (QE) is if not monetization? The Fed buys shitloads of US public debt.
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  18. 2012-11-07, 08:12 AM #18
    Omians
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    Quote Originally Posted by Didactic View Post
    When they introduce a new currency or simply issue a declaration of absolution then I will consider it monetized.
    the whole thing of the dept is weird for me, we keep spending money when we are in the negatives, is there a point when it cant go anymore or can it just keep going down and spend what we want? spending money we dont have what makes a stopping point pretty much, or is it tied to when other countries stop loaning money?
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  19. 2012-11-07, 08:14 AM #19
    Elegiac
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    Quote Originally Posted by Diurdi View Post
    What do you think Quantitative Easing (QE) is if not monetization? The Fed buys shitloads of US public debt.
    Very true. My point is that it's not an issue of the US going bankrupt because there are always failsafe options.

    ---------- Post added 2012-11-07 at 12:15 AM ----------

    Quote Originally Posted by Omians View Post
    the whole thing of the dept is weird for me, we keep spending money when we are in the negatives, is there a point when it cant go anymore or can it just keep going down and spend what we want? spending money we dont have what makes a stopping point pretty much, or is it tied to when other countries stop loaning money?
    Most US debt is held domestically, actually. The stopping point is..well, whenever the currency hyperinflates and becomes worthless.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.
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  20. 2012-11-07, 08:22 AM #20
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    If a freakin mormon is close to winning the election, yes, you probably are in trouble. I mean cmon. He is expecting for Jesus to come back for him and the rest of the mormons because they apparently are the chosen ppl.

    Infracted
    Last edited by Pendulous; 2012-11-07 at 08:33 PM.
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