LordoftheHildago
21316
644
10
Jul 11, 2026 12:02 PM
LordoftheHildago
21316
644
10
duktayp
Tldr; "insolvent"
McBzz
People from all over the world will help. Just FIGHT BACK
StephenDaniels
I'm sure it's just a coincidence but the surest way to fix a large debt is lots and lots of inflation.
4charactersorlongerwasalreadytaken
"The Dow is over 50'000$"
GuitarGeorge
Surprise, governments were doing this for a very long time. If civilians managed money the way the government does, we’d all be working at minimum wage, filing bankruptcy and having our mansion and Bentley repossessed.
petonious
Now that's unamerican !!!
silentjay01
Because money isn't real.
Buffoonery
Wow. So much winning, I can barely stand it.
Arkheno
He will bankrupt the country as he did with his casinos. And he's going to get away with him and his friends when there's nothing left to vampirize.
Nukls
like it pays it's debts
JAPONfan
And? Remember when it's US treasury it's YOU! You pay. When it's Dow it's pedodonny and his friends who get the money. So put that ass a little higher so it's easier for them to fuck you over
DarkwingDuc
The party of fiscal responsibility, people.
MoonAmericanFloydHeywoodR
Thank goodness Newt Gingrich failed by one vote to get that balanced amendment passed. That amendment would have wrecked every Republican president’s whole administration since the ‘70s.
spangolio
not only stealing our money, but stealing money we don't even have yet.
from kids we don't even have yet
psmith00
and will likely never be able to afford to have.
spangolio
it's really just slavery with extra steps.
Antrobus55
It's OK when Republicans do it, because they're businesspeople.
OldSchoolNewRules
They're looting the government.
66gent
But...but...DOGE took care of it, didn't they?!?! Services went down yet the deficit went up, you say? How weird. I know, I know, iI wouldn't understand because I'm not an economist.
Bigemedic
Isn't that what vulture capitalists do? Hostile takeover, borrow huge suns against the value, pocket it and leave us holding nothing but debt.
zHurk777
The Deficit !!! The Deficit !!! - republicans when Dems are in power.
Aussiemt07
MAGA. "I voted for him because he will run the country like a business."
KellionBane
They're stripping the US economy of anything valuable and leaving the debt for the public.
Che07
Worst treasury sec ever.
trinxter
Heading for bankruptcy or debtors prison.
imjustagurl87
We’ll be in debtors prison for our own government with Trump in office before any of them do. The fact that the entire Trump family has made billions, hand over fist in government contracts own by his sons etc. I want to see these people flogged in the street.
imjustagurl87
Before**
LefthandLindy
So who the eff is loaning these clown car driving fools money?
Caughtintheconcentricelipsesofchaosanditsinnatemadness
They are borrowing against the citizenry and our futures, literally. Futures in stock market terms, in Ponzi scheme terms, etc. The rich will just move on to the next place and the rest of us will be left with the outstanding bill. Which the children and grandchildren will have to sort out by whatever means they can. While other societies deal with the oligarchs attempting to do the same thing to them.
azazyel
What's it called when someone buys a company, borrows against it, sells everything then declares bankruptcy and keeps all the money?
RevTang
Leveraged buy out.
LefthandedLink
fraud?
Selfinflictedwounds
A game of Hungry Hungry Hippos where cannibalism an option?
Cinnia
Private equity.
jasperthebear
The Art of the Deal.
TheSecondPiewackit
A corporate raider.
Fargus57
And they still haven't sent me the $2k tariff relief check Trump promised yet.
Caughtintheconcentricelipsesofchaosanditsinnatemadness
Or your DOGE money, but just keep holding your breath. /s
Grinch01
155x7 are 1085 and they pay 24x52 1248 billions so they have a 115% intrest rate, wtf is there a source for that claim ? That is ridiculos high...
hamulusrex
If only they made the most wealthy pay their fair share they could afford to pay off the debt....
psmith00
this is beyond their fair share. the irony will come when the oligarchs finally set up their dictatorship but it has to start raiding their accounts in order to keep the state economically viable. i think Russia occasionally raids their richests' accounts when it needs more money in a hurry.
Caughtintheconcentricelipsesofchaosanditsinnatemadness
You're forgetting one thing, these Oligarchs have no loyalty to any nation state. When the US collapses they will just move on to the next place where their money will be welcomed until they wear out their welcome and move on again.
Selfinflictedwounds
Yes, but these guys think they have a new better plan that will avoid that....
Slugsie
OK, so I get it, a lot of western governments borrow a lot to cover the costs of the programs they put in place. But given the US government has been trying to cut costs/departments/agencies/programs left right and centre, why do they need to borrow so much? $1,860,000,000,000 ($1.8T) per year in borrowing? I thought the US economy was booming. Trump keeps telling us this. Surely he's not lying?
floatationman
Well you see when you cut taxes a ludicrous amount on those who can most afford to pay them, you are left with a bit of a bill. A bill that the younger generation will get to pay. Either that or the US will default on its ballooning debt and the whole system will implode. Fun times.
TheobromineAddict
Republicans are structurally incapable of designing an economy that provides any benefit for working class citizens. In every Administration where the Republicans had most of the control, they have proved over and over again that they cannot create a profitable economy.
Sallavar
Because we refuse to tax where the most meaningful transactions take place and instead rely on taxing standard wages and retail transactions. While these are still how most people interact with the economy, it's not how most of the money moves.
Grinch01
The only thing booming in the usa was always the debts the usa is no1 in debt and still ignore it like it isnt there
Grinch01
How else would the usa get so many billioners
livingonagiantfireball
To sonk the us as much as possible, trump wanta to destroy the usa, does it make sense now, american futur is ruined but they atill have things left to lose, so nothing will happen.
chencking
They grift more than they cut
BeaverOnFire
Did he open his mouth?
mercure
The US deficit is at 6% of GdP. The GdP is growing at 2-3%. It is just deficit spending grow.
torokunai
effective corporate tax rate used to be 40-50%, now it's 10-20%.
Selfinflictedwounds
Massive tax cuts for the top brackets.,rampant corporate welfare, and ballooning military spending..
Part is vulture capitalism on a government, and part is being done intentionally to force a fiscal cliff to end all social spending.
ZackWester
yep and when most nation borrow money its usally in the style of we will borrow 1 Bilion USD for a Infrastructure project that will generate in Tax income over the next X year 1.5 Bilion USD in profit, what the US been doing is Borrow 1 Bilion to found a Tax cut for the rich that have generated a Negative 2 Bilion USD loss over the next X years.
leviaton
When enough stuff collapses from neglect it tends to go up for sale cheap... Wonder if those tax breaks could fund purchases ???
TheobromineAddict
You mean for buying cheap stocks after the market collapses, just before the government does its corporate bailout?
leviaton
That's the ticket
PerthAussieMike
So... it's borrowing money to pay the interest on it's debts. Riiiiiiiight
Poppypoppoppop
Ponzi scheme much?
frontseatdog
That reads like you are skeptical. The only reason the US is not declared insolvent is because the asset stripping isn't finished.
crazyspelling
This really is why they're blatantly taking or selling off everything they can. They figure why let the creditors have it?
NKato
Our biggest budgetary cost *right now* is servicing debt. At some point, that's going to collapse.
DVSBSTrD
But the wealth will trickle down.
AllTheGoodOnesWereGone
*debt
hsalonen3000
This is what microloans people do here in Finland to get themselves into deeper trouble. First, they rack up like $10,000 debt, they can't pay. Then they get additional loans to finance the payments and their lifestyle.. Then , time goes by, debt is now $50,000 and they are bankrupt. Mostly young, ignorant people, but also old people, who are too ashamed to ask for help and hide the problem.
Roqinn
This is the Party of Fiscal Responsibility!
They will all die and leave all the debt for everyone else.
FermentTheRich3000
They'll leave that debt before they die.
BesticlesTesticles
Most people have no idea how big $39 trillion dollars actually is. The interest on those loans is almost $1 trillion dollars every year.
You could confiscate the entire net worth of every billionaire in the United States and you would only drop the debt to $31 trillion.
We are so absolutely fucked.
Blimjoe
How math-y are you? Can you quantify it in loaves of bread as a ghoulish number and then as cost of a bread factory and the expected operational expenses over a year + output of bread loaves
pandemicmodedad
You know money doesnt matter if the country collapses.
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LokilairTTV
If the country collapses the how you even going to trade crypto? To who?!
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