Our Amazing Debt

**Chris** · 02-13-2019, 01:03 PM

**valley ranch** · 02-13-2019, 01:12 PM

Wow ```

**donttread** · 02-14-2019, 07:42 AM

Originally Posted by Chris

Love it!

**Peter1469** · 02-14-2019, 08:15 AM

Government debt, a real crisis

**donttread** · 02-15-2019, 07:13 PM

Think of how much they could do with the interest money alone!

**Peter1469** · 02-15-2019, 07:16 PM

Originally Posted by donttread

Think of how much they could do with the interest money alone!

It won't be long before interest on the debt dominates the discretionary budget.

**donttread** · 02-15-2019, 07:16 PM

Originally Posted by Peter1469

It won't be long before interest on the debt dominates the discretionary budget.

Another Belgium?

**Peter1469** · 02-15-2019, 07:17 PM

Originally Posted by donttread

Another Belgium?

What is the story with Belgium?

**Ransom** · 02-16-2019, 11:12 AM

Originally Posted by donttread

Think of how much they could do with the interest money alone!

Or think, they wouldn't have to collect taxes for debt interest from us in the first place.

**Tahuyaman** · 02-16-2019, 11:30 AM

Actually most European nations are currently doing a better job of controlling their debt than the US is. Our debt to GDP ratio is higher than most.

With the radical direction our congress is heading it's going to get worse and we all will eventually lose any wealth we have accumulated over our working life.

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