Author: dragon8

The USA is Bankrupt   [Copy link] 中文

Post time 2014-8-8 20:13:27 |Display all floors
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Post time 2014-8-10 09:06:14 |Display all floors
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Post time 2014-8-20 09:30:54 |Display all floors
I would like to contribute here.  Please read my analysis.
Contrary to what many people think, i have calculated independently the debt and also the one rarely mentioned, the wealth of the United States.

USA is indeed the richest nation on earth.  Even deducting for its largest ever debt, USA is still the richest in the world.  Check the book series of 259 trillion vs 5 trillion.  It contains detail calculation on the wealth of the United States.  Everyone is talking about debt and debt, but never talks about the asset.

In short, USA is far from being bankrupt.

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Post time 2014-8-20 11:58:57 |Display all floors
And China owes the USA money for Bonds purchased - but they won't pay their debts.
I'm just here for the money

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Post time 2014-9-13 20:38:11 |Display all floors
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[THIS IS A SHARED ACCOUNT] Our success symbolizes loyalty to our country. Dedication, hard work, routine builds character. In a world full of snakes, ...

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Rank: 8Rank: 8

Post time 2014-9-13 21:11:52 |Display all floors

Americans have obligations of 17 trillion dollars of foreign debt.


So CHINA and others..DONT lend them any more money ?

Call in the loans-or could it be you dont have the bollocks ?
Your own mind is a sacred enclosure into which nothing harmful can enter except by your permission. Arnold Bennett

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Rank: 8Rank: 8

Post time 2014-9-13 22:19:41 |Display all floors
Since ALL US government debt is in US dollars, USA can print more money and pay off the debt if they want. There is no one else that can print more dollars than Federal Reserve.

Think about that.

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