U.S. National Debt Tops $30 Trillion as Borrowing Surged Amid Pandemic

Discussion in 'Economics' started by ipatent, Feb 1, 2022.

  1. Overnight

    Overnight

    Well, I vote for you, because lord knows nobody else has been able to figure it out. So what is the harm?
     
    #31     Feb 9, 2022
    UsualName and piezoe like this.
  2. LuckyMac

    LuckyMac

    Oh yeah for sure i dont think its a doomsday scenario because we have many measures to adapt and thrive but that is some amount to manoeuvre. I agree though its all cycles and we will have a bullish one then bearish its been that way for over a century now
     
    #32     Feb 10, 2022
  3. SunTrader

    SunTrader

    No bullish and bearish anymore. Just bullish. Bearish has been written out .... in the constitution. ;) We will print and print and print until. piezoe will tell ya. Oh wait no, Baron will have to add another server. :)
     
    #33     Feb 10, 2022
  4. UsualName

    UsualName

    He’s right though. Japan has long since jumped the shark and they keep just chugging along. Canada, UK, etc I think where most countries fail in the deficit spending is that they don’t have much to show for it.
     
    #34     Feb 10, 2022
    piezoe likes this.
  5. RedSun

    RedSun

    With Fed raising interest rate, borrowing cost will go higher. For the people who can't pay back, they are in trouble.

    Also, this is like stock prices going down and traders have to return back the margin loans. Not good.
     
    #35     Feb 10, 2022
  6. SunTrader

    SunTrader

    ........... in deflation. Wonderful.
     
    #36     Feb 10, 2022
  7. UsualName

    UsualName

    #37     Feb 10, 2022
  8. SunTrader

    SunTrader

    I seriously doubt anyone in Japan, other than long crude oil traders, are rooting for higher crude oil prices.

    Out of all industrialized countries Japan probably imports the greatest percentage.
     
    #38     Feb 10, 2022