Author Topic: Its official, National Debt is now $15 Trillion  (Read 20400 times)

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Offline SANDAC

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Re: Its official, National Debt is now $15 Trillion
« Reply #60 on: November 05, 2015, 12:45:56 PM »
And while all this has happened the US dollar index has pushed higher and higher.  Fascinating how the higher our debt is the stronger our currency is, at least for the moment.

Such is the nature of a bubble.  When it is rising fast and faster, people would find reasons for its strength, why it is not a problem and buy into the bubble.  It is not sustainable, but you'll be amazed at how long this can run along.  Look at Japan, a walking zombie for a couple decades now and is still walking briskly with no end in sight.  The end will surely come and it will be unbelievably messy. 

Offline pjleung

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Re: Its official, National Debt is now $15 Trillion
« Reply #61 on: November 05, 2015, 09:16:11 PM »
SANDAC you are right, we just kick the can down the road and our next generation will pick up the mess.

Offline Birdman

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Re: Its official, National Debt is now $19 Trillion
« Reply #62 on: February 03, 2016, 05:50:43 PM »
$15,000,000,000,000.00

$19,000,000,000,000.00

Offline jc888888888

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Re: Its official, National Debt is now $15 Trillion
« Reply #63 on: February 03, 2016, 06:23:13 PM »
BUY GOLD!!:)

Offline Grip

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Re: Its official, National Debt is now $15 Trillion
« Reply #64 on: February 03, 2016, 06:51:02 PM »
Not to worry, it's all under control....

Offline pjleung

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Re: Its official, National Debt is now $15 Trillion
« Reply #65 on: February 03, 2016, 10:10:48 PM »
do panic, it is out of control.

Offline KeepOnTrying!

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Re: Its official, National Debt is now $15 Trillion
« Reply #66 on: February 04, 2016, 06:05:46 AM »
The principles of Economics 101 don't hold here!  N16 N17 N24 N35
KeepOnTrying and Never Give Up!
That lion is also after you!

Offline dobedo

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Re: Its official, National Debt is now $15 Trillion
« Reply #67 on: February 04, 2016, 10:16:13 PM »

The principles of Economics 101 don't hold here!  N16 N17 N24 N35
The principles of Politics -001 hold perfectly here!

Offline PandaBear

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Re: Its official, National Debt is now $15 Trillion
« Reply #68 on: May 01, 2016, 05:16:50 AM »
Gee I wonder how long the US Gov. can keep the music playing? 

Offline Birdman

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Re: Its official, National Debt is now $15 Trillion
« Reply #69 on: September 13, 2017, 12:12:34 PM »
And now > $20,000,000,000,000.00

http://www.usdebtclock.org/

Offline Birdman

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Re: Its official, National Debt is now $15 Trillion
« Reply #70 on: March 18, 2018, 07:44:39 PM »
And now > $21,000,000,000,000.00

http://www.usdebtclock.org/

Another trillion in debt is now so routine, it doesn't make news.

Offline r3globe

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Re: Its official, National Debt is now $15 Trillion
« Reply #71 on: March 18, 2018, 10:05:28 PM »
I know US debt looks bad;however, US is doing much better than Europe. US public debt to gdp is about 70% vs 100% in Europe. Total global debt is around 240 trillion so US debt represents less than 10% of that. So far, US wins the “least ugly” competition. US dollar will shoot up to 1985 highs and bring down gold and silver prices with it.

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #72 on: March 19, 2018, 07:55:55 AM »
Keep reading jsmineset, goldseek, KWN, etc...

jsmineset   Bill Holter    -listen-  "Russia and China just signaled the world that it is ready to dump dollar".....

This begins the 26 of this month or in a week.    At the least the world will pay attention to gold and Chinese money....

Who knows how it will play out but we are all casual observers for now....

Offline Mirkkanen

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Re: Its official, National Debt is now $15 Trillion
« Reply #73 on: March 19, 2018, 03:42:53 PM »
I believe Bill Holter like I believe Bo Polny, which is to say, not at all. Countless failed predictions, repeating the same mantra over and over.

Offline r3globe

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Re: Its official, National Debt is now $15 Trillion
« Reply #74 on: March 19, 2018, 04:11:42 PM »
I believe Bill Holter like I believe Bo Polny, which is to say, not at all. Countless failed predictions, repeating the same mantra over and over.
Their career is based on financial fear/doom/gloom porn to sell newsletters. They market to the older and more conservative crowd.