Post B9aovdEpkE5RzorynQ by Noortjevee@mstdn.social
(DIR) More posts by Noortjevee@mstdn.social
(DIR) Post #B9alo502LS3puveiiO by stux@mstdn.social
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$55,699,417,106,599Nothing special, just the current #US debt in numbershttps://cuellar.house.gov/debt.htmlI have some suggestions on where to get some of this money 😁 :nkoHammer:
(DIR) Post #B9alzo8grDxB6IIOdU by grb090423@mastodon.social
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@stux Considering they're stealing and benefiting from the data from many around the entire globe, this solution could apply to the debts of other countries too.
(DIR) Post #B9am0YvWtyLwD5V39E by stux@mstdn.social
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The "costs" are getting close to a Trillion dollars now!Imagine paying a Trillion EACH YEAR just to keep up with the debt, not even lowering it
(DIR) Post #B9am4OfoxvCdZHyrho by stux@mstdn.social
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@grb090423 1 word!Billionaires!
(DIR) Post #B9amB5v55ezlQnJPbk by RandamuMaki@mstdn.social
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@stux There's no way in our lifetime that that country can pay it all off.
(DIR) Post #B9amEVH1HWusvwCPb6 by stux@mstdn.social
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@RandamuMaki Nop..At ths moment it's 126% of the US income..
(DIR) Post #B9amNgmZrRFXEaL9Hc by grb090423@mastodon.social
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@stux 100% true!We all know how they benefit from us, and we all know they don't pay their share of taxes for the countries in which they have homes and businesses. Tax the rich!
(DIR) Post #B9amZisNu19fCcnJuC by SharG@mastodon.social
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@stux Trump thinks he will never be held accountible. Republicans always destroy things. Then pretend to care about the debt when a Democratic president is in. Trump never plans on leaving.
(DIR) Post #B9an36mi5fDTke9W1A by Callalily@a2mi.social
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@stux He will bankrupt the US.
(DIR) Post #B9ankwreKq9hj3Mq4O by gmarcosanti@mastodon.uno
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@stux the BoA will print more $$$ to repay the debt. Problem solved./s
(DIR) Post #B9aom62fnWCKQxdQI4 by Noortjevee@mstdn.social
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@stux wait...Thats the number with the T?
(DIR) Post #B9aorPUMvGq0C87gdU by stux@mstdn.social
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@Noortjevee Yup..
(DIR) Post #B9aovdEpkE5RzorynQ by Noortjevee@mstdn.social
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@stux maybe musk can pay it off for them then
(DIR) Post #B9atlyCBTFEvrvqIPQ by ecosdelfuturo@mstdn.social
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@stux For a country like the U.S., paying off its debt is as easy as printing dollars (to put it very simply). Since global demand for dollars is so high, in principle, U.S. debt pays for itself. Paul Krugman explains the significance of the rise in interest rates on 20-30-year U.S. bonds in this post https://paulkrugman.substack.com/p/what-are-bond-markets-telling-usSpoiler: AI also plays a role here!
(DIR) Post #B9bIKWfAE43pVtPMJ6 by Orb2069@mastodon.online
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@stux I'm guessing the senator you're citing isn't on board with your tax-the-billionaires scheme....(Just giving you a glimpse into HOW broken shit over here is....)