The US Debt

[DreamGod]

As I see it, there is no way that the US Government be able to pay this debt, in top of that, to ask more money and keep adding more to the 17 trillion dlls. I see suspicious this desition, it is like they dont care about paying or if we are missing something really important, for example:

I go to the doctor and he tell me I will die next year because some cancer thing, so I go to someone and ask for a lot of money, this person tell me that it will cost me a lot of interest and o say its fine. I spend and spend and spend and when i dont have any more money i go to other "person" and ask for a huge amount of money and he tells me the same thing, that it will charge me a lot of interest and i say yes yes yes, and i keep spending because i know that i will never pay.

Thas what I see in US Government, they know that there is no pay day, they know something we dont, but maybe we infer. They are beting for something big happening for next year, something that free them of tha payday. Why next year? Because they dont have much time and this lift in the debt roof just bought them a few months, not more.

Thats what i thing and i will apreciate all your comments.


:)

 

[Bobo08]

I think it is important to realize that the modern monetary system itself is designed so that it is impossible to repay all the debts in existence. The ultimate source of money is the central bankers, who create money out of thin air and lend it out with interest. Since the required repayment (principal plus interest) is always larger than the original amount, it can never be repaid in full. It is a mathematical fact. It is designed into the system from the beginning and they know it.

That said, I agree that the current rate of debt increase is unprecedented. It could very well be the case that they know something is coming. As to what it is, we don't know, but I think we can haphazard a guess from what we read on the SOTT page ;) Another possible reason is that they intentionally cause the collapse of the economic system to cause even more sufferings for normal people. They know that people who could barely be able to keep food on the table could hardly think of anything else, and thus are easier to control. These two reasons are not necessarily mutually exclusive.

 

[LQB]

I think it is important to realize that the modern monetary system itself is designed so that it is impossible to repay all the debts in existence. The ultimate source of money is the central bankers, who create money out of thin air and lend it out with interest. Since the required repayment (principal plus interest) is always larger than the original amount, it can never be repaid in full. It is a mathematical fact. It is designed into the system from the beginning and they know it.

That said, I agree that the current rate of debt increase is unprecedented. It could very well be the case that they know something is coming. As to what it is, we don't know, but I think we can haphazard a guess from what we read on the SOTT page ;) Another possible reason is that they intentionally cause the collapse of the economic system to cause even more sufferings for normal people. They know that people who could barely be able to keep food on the table could hardly think of anything else, and thus are easier to control. These two reasons are not necessarily mutually exclusive.

Yes, there is no intent (or even a believable lie) to pay the debt. The real debt is what the US owes the rest of the world for all the real commodities/products it has taken in exchange for the $ Reserve ($$ demand) - a "privilege" of the world reserve currency. The game can continue as long as there is sufficient growth - but this growth is tanking as the debt in the system takes over. The financial elite have their finger on the button and will bring it down when they are ready. "Ready" likely means both saving the financial infrastructure and tightening control of the masses through financial ruin and government promise.

 

[Pierrrr]

Effectively withdraw your consent.
Stop funding destruction of humanity.
Be inventive, apply your knowledge.

 

[Pierrrr]

Life After the State
http://rt.com/shows/keiser-report/episode-523-max-keiser-659/

 

[Jack3]

I wonder what is the stance of China government on this. China is probably the biggest creditor to USA...

Well, many years ago, I had a dream where I dreamt of me being a tourist somewhere on European Continent and inquiring in a travel agency about a possible flight to USA. The lady at the desk answered me with a surprised smile : "Why, there is no need to fly across the ocean, we now have USA here close to, look at that map!? " And she pointed at a big map where there were lots of USA towns and cities scattered over the most part of Asia Continent, most where the China Republic is now...

I have since never had any doubt about the meaning of that dream. Well, that was just a dream, but it gives me a lot to think of...

 

[Kisito]

I think it is important to realize that the modern monetary system itself is designed so that it is impossible to repay all the debts in existence. The ultimate source of money is the central bankers, who create money out of thin air and lend it out with interest. Since the required repayment (principal plus interest) is always larger than the original amount, it can never be repaid in full. It is a mathematical fact. It is designed into the system from the beginning and they know it.

That said, I agree that the current rate of debt increase is unprecedented. It could very well be the case that they know something is coming. As to what it is, we don't know, but I think we can haphazard a guess from what we read on the SOTT page ;) Another possible reason is that they intentionally cause the collapse of the economic system to cause even more sufferings for normal people. They know that people who could barely be able to keep food on the table could hardly think of anything else, and thus are easier to control. These two reasons are not necessarily mutually exclusive.

Yes, there is no intent (or even a believable lie) to pay the debt. The real debt is what the US owes the rest of the world for all the real commodities/products it has taken in exchange for the $ Reserve ($$ demand) - a "privilege" of the world reserve currency. The game can continue as long as there is sufficient growth - but this growth is tanking as the debt in the system takes over. The financial elite have their finger on the button and will bring it down when they are ready. "Ready" likely means both saving the financial infrastructure and tightening control of the masses through financial ruin and government promise.

Hi DreamGood, and good luck for your illness ... It is sure that it is impossible to repay the debt, but it is also impossible to get our money in cash ... I hope you find the right answer.

 

[DreamGod]

I think it is important to realize that the modern monetary system itself is designed so that it is impossible to repay all the debts in existence. The ultimate source of money is the central bankers, who create money out of thin air and lend it out with interest. Since the required repayment (principal plus interest) is always larger than the original amount, it can never be repaid in full. It is a mathematical fact. It is designed into the system from the beginning and they know it.

That said, I agree that the current rate of debt increase is unprecedented. It could very well be the case that they know something is coming. As to what it is, we don't know, but I think we can haphazard a guess from what we read on the SOTT page ;) Another possible reason is that they intentionally cause the collapse of the economic system to cause even more sufferings for normal people. They know that people who could barely be able to keep food on the table could hardly think of anything else, and thus are easier to control. These two reasons are not necessarily mutually exclusive.

Yes, there is no intent (or even a believable lie) to pay the debt. The real debt is what the US owes the rest of the world for all the real commodities/products it has taken in exchange for the $ Reserve ($$ demand) - a "privilege" of the world reserve currency. The game can continue as long as there is sufficient growth - but this growth is tanking as the debt in the system takes over. The financial elite have their finger on the button and will bring it down when they are ready. "Ready" likely means both saving the financial infrastructure and tightening control of the masses through financial ruin and government promise.

Hi DreamGood, and good luck for your illness ... It is sure that it is impossible to repay the debt, but it is also impossible to get our money in cash ... I hope you find the right answer.

Thank you Kisito, but Im not sick, it was just an example I used to explain my self. Have a great day ;)

 

[gdpetti]

ZeroHedge had an interesting article based on a chart comparison of our current uptrending market with its near mirror image back in the late 20 to very early 30s.... the two looked like mirror images... almost, which put the start of the fall at Jan 14, 2013.

After the initial fall, of course you had the snapback in '32, all of which reminded me of Laura's questions to the C's regarding the initial binary buddy/dark companion of ours as it's seen in the skies and the following comet cluster appearance. Interesting.

Let's see if I can figure out how to attach it here... As so far, it isn't showing up under the preview :/ maybe it will when posted? :D Ah, it did. Isn't that chart comparison interesting?

PS... if you've seen a Dow inflation adjusted chart then you know that the bottom is below the trendline and that is around 5000 currently. Of course, there's always chart comparisons, but they all point to trouble now, so they have that in common as well.