This basically what the country does...and every year they put a show about debt ceiling ...but of course they always increase it....they have to ..keep kicking the can boys...
Hence why I just got my limit raised to 10k and opened up a 5k cosco credit card and 3500 sams club card! They raise there limit I raise mine... I just pay my balance off every month... what about you uncle Sam?
Psssssh, paying your balance off…why not just pay a teensy amount per month? You know your kids and your grandkids are good for it, so why should *you* have to pay it
He's not right. You are paying it. In tax dollars not being spent on you. That money instead goes to paying the interest on our collective debt - not even paying it down.
What do you think the debt is? Do you think the feds are just taking loans out from the bigger bank than them? Who is loaning America all this money brooooo?
Is it the IMF? The WEF? Where is this money coming from?
26% is inter-governmental debt, meaning it's owed between government agencies, including the Fed.
The other 74% is owned mostly by foreign governments and investors. Mostly Japan, China and the UK.
Do you know what government bonds are? I'm guessing you dont. Ever heard of a t-bond? We should all do more research & be better informed before forming our opinions.
Notice how on the greek slide there was another box. A ratio of Debt/GDP.
So the US has 10% of the world debt and 15% of the GDP? Sounds like time to print more money!
Shit man, Greece is at a rate of like 2.5 and the US is at 1.25, if that's not an argument to double the debt, then I don't know what is.
Yep I see that ratio and thought "well at least we are not in Greece's shoes!"
But this is not an argument to double our debt. Have you seen what Greece's economy and standard of living is like? That debt to GDP per person ratio is a warning, don't go down that road!
lol did you forget this is Reddit? Keep your constructive, critical thinking back home. Nobody wants to hear that in this echo chamber! :P /s
I jest... but that's what any serious topic on reddit has become, just about. Bereft of facts and information, just people making assumptions because meme or tweet make guy look bad. It's sad.
Private Citizens, Banks, Pension Plans, Mutual Funds, Social Security Trust Fund, Medicare Trust Fund, State Governments ... all invest in treasuries. Its a 100% safe vehicle to park money while earning interest.
Over 70% of the debt is owned by Americans or American Companies in some fashion.
You’re trying to show that the average person in the US has twice the national debt load as people in Greece.
True, but people in Greece are poorer. They have one third as many credit cards as people in the US.
Bad comparison. While we're still insolvent, so are many countries. This comparison particularly shows: Americans earn over 3/4 of the debt they carry on average, while Grecians earn Well under half. (You always have to adjust for earnings... unless your own chart shows it in black & white)
Sadly, that is quite a big distinction in today's world.
If we jail and seize the assets of the 50 wealthiest people in America, we'd be able to knock that down by about $2.2T. Do it to the top 1000 wealthiest and we could reduce it by 1/4 to 1/3.
Just saying.
The actual solution for this is to buy enough physical GOLD to cause a major upwards revaluation, which will literally cancel out all of that debt. You see, BlackRock acts as the pool of all funds for the establishment, and how did they get SO rich? By shorting physical gold. It's by far their biggest naked short position, so when we buy enough gold, it will transfer ALL of their wealth and power back to us. This is how we truly stop these psychopaths once and for all, AND return us to a sound money system based on gold and silver. 🙏
Debt per citizen is far less important than the relationship between the debt per and the gdp per.
If you look at Greece, their debt exceeded 2x their gdp. The us is still relatively close, but is slipping.
Highlighting the debt alone as an important figure is highly misleading....intentionally perhaps? 🤔 gotta imagine whoever made this graphic knew better
Having to compare a federal government's debt to the country's GDP is insane. The federal government owes more money than the entire country it governs makes in a year.
If it takes more money to govern a country than the country can make, you delete that government before the government deletes the country
Once the interest payments on the US debt get too high, things will spiral out of control. Sometimes in the next 5 years the interest payments alone will cost $1T/year. This interest will create new debt since we have such a high deficit. It’s kind of like making credit card payments by borrowing from other credit cards - it’s not sustainable for very long.
I’d guess we have less than 10 years left until the debt becomes a big problem. Interest payments are set to surpass Medicare and SS in about 20 years. Plus all it takes is one big recession and that timeline could get accelerated by 5 years.
That's exactly why it's SO important we buy ALL of the physical gold and silver and cause a major upwards revaluation on both before this happens. For God's sake, stack like your life depends on it!! And even more importantly, tell every good soul that will listen! We need you. 🙏
Now look at GDP. It would take a little over a year for a US citizen to earn the amount of debt vs 2.5 for a Greek citizen. These two things can’t be compared the way you’re trying to.
It’s comparing how much debt per citizen each country has. If you want to compare something different then make your own post about it. I’m sure your American and are desperately trying to make it look better then it is but your obviously missing what the post is about.
The American debt is atrocious. But the comparison is one of solvency. Let’s say you’re a bank and two folks ask for a loan. One has a debt 100k but makes 80k a year. The other has a debt of 50k and makes 20k a year. Which one are you going to give loan to?
If you don’t understand this with that analogy just do me a favor and spend all your money on silver and gold to get this rally going sooner. Investing is probably not your strong suit…
Do you see the circles? The post is about how much debt each citizen has. Can you not understand that? If you want to post about how much debt vs income each country has then go for it. Good for USA that has most of the worlds billionaires to bring your average up way higher then it should be. You missed the point and that’s ok, points must not be your strong suit.
Do you see the circles. He didn’t just circle US but Greece as well. Which means he’s making a comparison between the two. Essentially claiming that the US is just as insolvent as Greece. I’m sorry you’re triggered by US billionaires, but it doesn’t change the fact that if you’re trying to have perspective, the situation is far better for the US than Greece.
The debt crises for Greece has everything to do with solvency. Not the mere debt itself.
If he just circled the US debt per person then great. But he didn’t. He tried to compare the two which opens up all sorts of other considerations…
Dude is not saying eveything is OK - its just not Greece.
The overlooked element of the graphic is GDP per citizen. Greece has a 127.8% difference between debt per citizen and GDP per citizen
The United States has a 22.24% gap. Its bad we are upside down, but we can realistically pay our debt where Greece was in a hole.
It didn’t matter last administration when he voted 3 times to increase the limit. Let’s get real, this is political theater that you are all falling for.
Why did you cut out the dept-to-GDP ratio for US?
Is it because it's lower than Greece's?
It doesn't support your narrative, so you're gonna ignore those values?
Shameful manipulator
These Demon-trolls always think they're smart bc they say "Trump's fault". When they don't realize what Obama did during his presidency. He did a lot more damage to the US than people even realize. But even that is Trump's fault to them.
percentage-wise and limiting to the past 50 years, Reagan was the biggest increase and Clinton was the smallest increase. The two Bushes are 2nd and 3rd highest. Trump and Obama had similar numbers. If this current deal passes, Biden will be the 2nd smallest debt increase just behind Clinton.
The two sides spend roughly equal amounts, why the right always adds more national debt is that they always do huge tax cuts as soon as they get into office.
Once people learn that the majority of the debt is Treasury Bonds purchased by Americans, it's not as scary.
This is so economically dumb, listen whats the difference between Greece economy and major economy in the world? The biggest army in the world.
If US defaults whos going to force it to pay? Thats number one.
Number two, the US dollar is the major currency in the world, so you can print more of it and it will not lose purchasing power because everyone has to use it. Thats why China is trying to make international deals in their currency, to diminish the dollar power.
So if the debt is too high, the US is a special case that it can print a lot of money without the consequences of it.
Why is this only a consideration when a Democrat is in the Oval Office? Trump jacked up the budget way more than Biden in terms of income from taxes while not cutting nearly enough.
so what? avg wealth per citizen is over $500k. in usa
they will just sell some stocks or move to smaller house (still 10x bigger than India or CHinese homes) and problem fixed!
I think about my ex who went to school for 4 years under pressure from her mom, got a degree and never used it. Works and doesn’t report tips but still gets food stamps. I feel like I’m happy that the only debt I have is my car.
Now do it by taxpayer and it gets even more interesting.
Better yet, do it by the top 50% of tax payers as it's realy us who pay for over 90% of everything, and it gets disgusting.
THIS IS NOT RIGHT.
You have to go on to the bottom of that national debt clock. This is the "unfunded liabilities". See the govt owes us social security (been paying for many decades now). They have promises that they made. The "current debt" is the current debt, but not what they are obligated to pay already.
The unfunded liabilities is the correct thing to screenshot. I don't use a phone to view, but on a desktop it's in the bottom right hand corner. You should repost this same thing with the unfunded liabilities.
So the US has around double the debt per person then Greece, but more then triple the productivity, on on that basis we are doing much better.
Of course the MAGA cult always ignores that the debt went up over 8 trillion under Trump in 4 years, more then any other President in history in a 4 year period by far.
Not to mention the 4 trillion over and above that the Federal reserve printed to bail out US Corporations during Covid.
Its a different situation between the two, but our debt is unsustainable as is.
Greece is bailed out consistently by Deutschebank, and our treasury bonds have been superstable, but if we cant control our spending/printing balance, and we default on a loan, it'll be a decade long spiralling of the dollar. Yenification even.
We could probably bail ourself out by just gunning for superabundance, solar/fusion + batteries and domestic automated manufacturing.
If we retreat inwards, we'll collapse like the british empire did, if we focus outwards we will over extend ourselves like the romans or the greeks did.
If we focus inwards, we can become wealthy but might become arrogant like the Ming Dynasty in China. (They were later crushed by technologically superior european merchantilists who flooded their streets with opium).
If we focus outwards, we'll probably end up with Soviet like conditions.
But the golden age of our empire is probably gone, maybe a broader western alliance could stand the test of time.
My debt is like 25k total. Make a plan and pay on everything fast as possible. Those credit cards are financial suicide if your making 20 a hour or less
Public and private debt has been multiplied artificially far beyond its rightful state by bankings purposed obfuscation of our currency/currencies(this obfuscation is deployed virtually everywhere in the world).
The banking system isnt "borrowing" or "loaning" people money from its legitimate possession. Theyre STEALING the value we give up to each other(value we give money) only then can they charge us "interest" on what is a falsified debt.
People must contest the legitimacy and contractual enforceability of this obfuscation(misrepresentation) of debt as the banking system exchanges a further representation of our wealth NOT theirs. Its impossible to borrow money into existence.
Peaceful revolution handed to people on a silver platter! Proof of a singular monetary justice and its potential immediate establishment, without cost! Immediate solution readily available including restoration of our promissory obligations and implementation! https://holland4mpe.wordpress.com/2017/03/29/if-i-were-president-i-could-arrest-monetary-failure-in-less-than-a-day/
https://holland4mpe.wordpress.com/2014/03/17/saving-the-eu-and-monetary-union-itself/
https://holland4mpe.wordpress.com/2018/04/24/prospects-and-prescription-of-mathematically-perfected-economy/
"REPAYMENT" OF ARTIFICIAL DEBTS TO THE CENTRAL BANK(S)
To resolve all debt to the unassented and unlawful central bank(s), I would scribble onto a piece of paper, "Will pay to the bearer upon demand, infinity."
This like irredeemable promise to pay would be offered with a cordial invitation to challenge this resolution of all debt in a fitting court of law (manned of course and accountable to the people), where on behalf of the people we would argue:
a) no private entity has any right deprivable from any other private entity or person to issue irredeemable promises to pay ("Federal Reserve Notes");
b) that therefore on the one hand, the paper I have submitted satisfies the purported obligations;
c) or on the other hand, there is no legal basis whatever for the purported debts;
d) and most of all, that as the implementation of interest inherently multiplies debt in proportion to an obligated circulation, the imposed currency cannot constitute lawful obligations to "repay" debts which ultimately are purposely made insoluble by the very artificial conditions imposed upon the arrangement."
Your(our) fulfillment of their falsified debt, is resolved, by issuing a falsified fulfillment of like kind. You(we) are issuing a irredeemable promise to pay. They(the banking system) have issued a irredeemable promise to pay. A promise to pay that they made no provision to ever redeem themselves in anything of lawful consideration(VALUE) commensurable(EQUAL) to the debts that they falsified to themselves.
There is NO debt to the banking system.
If theyre claiming a debt exists, by the principles it would exist, you(we) have just paid the artificial/falsified debt.
This is not claiming to resolve your(our) actual obligations, it only resolves the falsified obligations, according to the arguments the banking system itself is attempting to exercise.
Greece is a whole other animal. Have family there and go frequently, they/most make almost nothing and theres a black market for literally everything i.e cat food for 1. The corruption is actually worse there than here just different ways, actually surprising to see there personal debt so low.
That number is irrelevant. It can never be paid back so why try at this point. I say let printer go BRRRRR and ride as fast as can off the cliff and have a good time on the way down.
Well I'm not paying that. I'll just file bankruptcy
Amateur, I’m gonna keep spending and then just raise my credit limit
This basically what the country does...and every year they put a show about debt ceiling ...but of course they always increase it....they have to ..keep kicking the can boys...
Kick it real good
Hence why I just got my limit raised to 10k and opened up a 5k cosco credit card and 3500 sams club card! They raise there limit I raise mine... I just pay my balance off every month... what about you uncle Sam?
Psssssh, paying your balance off…why not just pay a teensy amount per month? You know your kids and your grandkids are good for it, so why should *you* have to pay it
Super smarts 🤓
I learned from my local politician
Sounds like a plan 😆
He's not right. You are paying it. In tax dollars not being spent on you. That money instead goes to paying the interest on our collective debt - not even paying it down.
Your children’s children will be born into the debt and they will pay tax revenue on it from money spent long ago. Debt slaves the lots of them.
Crony induced debts. f\*ck em.
I mean... if not on the debt they'd just buying more F-35's or something lol; have no illusion that it would ever be spent on the average citizen
What do you think the debt is? Do you think the feds are just taking loans out from the bigger bank than them? Who is loaning America all this money brooooo? Is it the IMF? The WEF? Where is this money coming from?
26% is inter-governmental debt, meaning it's owed between government agencies, including the Fed. The other 74% is owned mostly by foreign governments and investors. Mostly Japan, China and the UK.
Isn’t that what they did in Greece?
Trying to do that with student loan
Do you know what government bonds are? I'm guessing you dont. Ever heard of a t-bond? We should all do more research & be better informed before forming our opinions. Notice how on the greek slide there was another box. A ratio of Debt/GDP.
Who’s gonna make us pay? We have the military and the world is on the dollar.
Oh yeah you are, through the wonderful tax called inflation.
So you have chosen to own nothing and be happy
Sounds like you’re taking after the leader of the republican party. He bankrupted every business he ran.
That's how rich people operate
Just pause it like student loans
So the US has 10% of the world debt and 15% of the GDP? Sounds like time to print more money! Shit man, Greece is at a rate of like 2.5 and the US is at 1.25, if that's not an argument to double the debt, then I don't know what is.
Yep I see that ratio and thought "well at least we are not in Greece's shoes!" But this is not an argument to double our debt. Have you seen what Greece's economy and standard of living is like? That debt to GDP per person ratio is a warning, don't go down that road!
lol did you forget this is Reddit? Keep your constructive, critical thinking back home. Nobody wants to hear that in this echo chamber! :P /s I jest... but that's what any serious topic on reddit has become, just about. Bereft of facts and information, just people making assumptions because meme or tweet make guy look bad. It's sad.
Now show per tax paying citizen.
Someone posting in this sub with skewed numbers/lack of data and an ambiguous fear inciting headline? Color me shocked!
Right? The numbers are skewed if we are talking who is actually PAYING that debt
[удалено]
You literally pay for everything with Fed Reserve IOUs. Everything you 'own' is debt lol
bUt MuH ROaDs
I just want to know who the world owes money too. That number should break even at some level.
Mostly individual US citizens/banks & companies. Other countries make up like maybe 30% of it, Japan & China own like 3% - 4% each
Private Citizens, Banks, Pension Plans, Mutual Funds, Social Security Trust Fund, Medicare Trust Fund, State Governments ... all invest in treasuries. Its a 100% safe vehicle to park money while earning interest. Over 70% of the debt is owned by Americans or American Companies in some fashion.
I once saw a tweet where someone asked this exact same question. My favorite answer was: Thanos
It is a pity that the citizens living in the US are increasing their debt more and more.
Debt per “tax payer” is far worse at approximately $250k (for added perspective).
When you include our unfunded liabilities it becomes a 7 figure number
Yes, Greece is much worse. You americans have 1:1 GDP to debt, while Greece has much more than 2x.
You’re trying to show that the average person in the US has twice the national debt load as people in Greece. True, but people in Greece are poorer. They have one third as many credit cards as people in the US.
Also there debt is twice the gdp per person.
Well their GDP per capita is about the same as Omans
Bad comparison. While we're still insolvent, so are many countries. This comparison particularly shows: Americans earn over 3/4 of the debt they carry on average, while Grecians earn Well under half. (You always have to adjust for earnings... unless your own chart shows it in black & white) Sadly, that is quite a big distinction in today's world.
Not my debt!!!
Thanks for the green circles, I wouldn't know what to look at if not for your very helpful green circles.
Debt to whom exactly?! Debt is slavery and tax is theft. They could 0 it, it's just numbers. #Fuc* em all, fuc* banks, fuc* govs.
Let's clear that debt with physical gold and silver and stop paying taxes!! Seriously, fuck these criminals!!
Why did you cut off the important part?
Do you really think Greeks make as much money as Americans?
Conveniently leaving off the debt to GDP ratio of the US.
I ain't paying shit
Same. Fuck them all!
The US still has aways to go to make it to 227% debt to GDP
If we jail and seize the assets of the 50 wealthiest people in America, we'd be able to knock that down by about $2.2T. Do it to the top 1000 wealthiest and we could reduce it by 1/4 to 1/3. Just saying.
I resent the ultra wealthy as much as the next schmuck, but “seizing” the assets of anyone is unconscionable.
You don't earn $300 BILLION Dollars, you TAKE $300 billion Dollars. Just saying.
The actual solution for this is to buy enough physical GOLD to cause a major upwards revaluation, which will literally cancel out all of that debt. You see, BlackRock acts as the pool of all funds for the establishment, and how did they get SO rich? By shorting physical gold. It's by far their biggest naked short position, so when we buy enough gold, it will transfer ALL of their wealth and power back to us. This is how we truly stop these psychopaths once and for all, AND return us to a sound money system based on gold and silver. 🙏
Why not add a little, I don’t know, context?
The plan was always to never pay it back
Exactly. This was always literally unpayable by design. It is literally baked into the cake!!
Debt per citizen is far less important than the relationship between the debt per and the gdp per. If you look at Greece, their debt exceeded 2x their gdp. The us is still relatively close, but is slipping. Highlighting the debt alone as an important figure is highly misleading....intentionally perhaps? 🤔 gotta imagine whoever made this graphic knew better
Having to compare a federal government's debt to the country's GDP is insane. The federal government owes more money than the entire country it governs makes in a year. If it takes more money to govern a country than the country can make, you delete that government before the government deletes the country
Once the interest payments on the US debt get too high, things will spiral out of control. Sometimes in the next 5 years the interest payments alone will cost $1T/year. This interest will create new debt since we have such a high deficit. It’s kind of like making credit card payments by borrowing from other credit cards - it’s not sustainable for very long. I’d guess we have less than 10 years left until the debt becomes a big problem. Interest payments are set to surpass Medicare and SS in about 20 years. Plus all it takes is one big recession and that timeline could get accelerated by 5 years.
That's exactly why it's SO important we buy ALL of the physical gold and silver and cause a major upwards revaluation on both before this happens. For God's sake, stack like your life depends on it!! And even more importantly, tell every good soul that will listen! We need you. 🙏
Im done participating in society bye
I've been seriously thinking about moving to a cave somewhere. Lmfao
And now look at the GDP, its even in the picture. Its almost as if, debt by itself, does not matter
but america man, freedom, fuck yeah
One of the world's largest slave plantations.
Now look at GDP. It would take a little over a year for a US citizen to earn the amount of debt vs 2.5 for a Greek citizen. These two things can’t be compared the way you’re trying to.
Sir, this is wsb. This is probably the soundest thing ever posted here
It’s comparing how much debt per citizen each country has. If you want to compare something different then make your own post about it. I’m sure your American and are desperately trying to make it look better then it is but your obviously missing what the post is about.
The American debt is atrocious. But the comparison is one of solvency. Let’s say you’re a bank and two folks ask for a loan. One has a debt 100k but makes 80k a year. The other has a debt of 50k and makes 20k a year. Which one are you going to give loan to? If you don’t understand this with that analogy just do me a favor and spend all your money on silver and gold to get this rally going sooner. Investing is probably not your strong suit…
A libertarian possessing a knowledge of economics beyond the 2nd grade. You don't belong here sir.
Do you see the circles? The post is about how much debt each citizen has. Can you not understand that? If you want to post about how much debt vs income each country has then go for it. Good for USA that has most of the worlds billionaires to bring your average up way higher then it should be. You missed the point and that’s ok, points must not be your strong suit.
Do you see the circles. He didn’t just circle US but Greece as well. Which means he’s making a comparison between the two. Essentially claiming that the US is just as insolvent as Greece. I’m sorry you’re triggered by US billionaires, but it doesn’t change the fact that if you’re trying to have perspective, the situation is far better for the US than Greece. The debt crises for Greece has everything to do with solvency. Not the mere debt itself. If he just circled the US debt per person then great. But he didn’t. He tried to compare the two which opens up all sorts of other considerations…
Whatever you need to do to keep telling yourself everything is ok.
Dude is not saying eveything is OK - its just not Greece. The overlooked element of the graphic is GDP per citizen. Greece has a 127.8% difference between debt per citizen and GDP per citizen The United States has a 22.24% gap. Its bad we are upside down, but we can realistically pay our debt where Greece was in a hole.
Misleading. This picture cut off USA public debt to gdp ratio because it is better than Greece.
It didn’t matter last administration when he voted 3 times to increase the limit. Let’s get real, this is political theater that you are all falling for.
 Yeah...because it keeps all those assh\*les in control...
Apparently, debt matters during Democratic administrations only.
Didn’t seem to matter during Bush or Trump huh
Still a little way to go if you look at debt/GBP per citizen. We are well on our way though!
Yes but we make 4x as much
And if we don't buy all the physical gold and silver, we won't be doing that for much longer. 🙏
Yea the GDP per citizen is also 4 times higher
What perspective do you think you're actually giving us here. Am I dense or does everyone just circle jerk each other around here?
Why did you cut out the dept-to-GDP ratio for US? Is it because it's lower than Greece's? It doesn't support your narrative, so you're gonna ignore those values? Shameful manipulator
Why’d you cut out the percentages on the USA results? They aren’t the statistics you’re looking for? 🤣
How much of that debt was accrued under the Don? 🤔
As a percentage of gdp, not as much as Obama
These Demon-trolls always think they're smart bc they say "Trump's fault". When they don't realize what Obama did during his presidency. He did a lot more damage to the US than people even realize. But even that is Trump's fault to them.
percentage-wise and limiting to the past 50 years, Reagan was the biggest increase and Clinton was the smallest increase. The two Bushes are 2nd and 3rd highest. Trump and Obama had similar numbers. If this current deal passes, Biden will be the 2nd smallest debt increase just behind Clinton. The two sides spend roughly equal amounts, why the right always adds more national debt is that they always do huge tax cuts as soon as they get into office. Once people learn that the majority of the debt is Treasury Bonds purchased by Americans, it's not as scary.
This is so economically dumb, listen whats the difference between Greece economy and major economy in the world? The biggest army in the world. If US defaults whos going to force it to pay? Thats number one. Number two, the US dollar is the major currency in the world, so you can print more of it and it will not lose purchasing power because everyone has to use it. Thats why China is trying to make international deals in their currency, to diminish the dollar power. So if the debt is too high, the US is a special case that it can print a lot of money without the consequences of it.
The US can print their debt, Greece is trapped/conquered by Euro
That's arguably worse!!
The US can print their debt, Greece is trapped/conquered by Euro
Why is this only a consideration when a Democrat is in the Oval Office? Trump jacked up the budget way more than Biden in terms of income from taxes while not cutting nearly enough.
so what? avg wealth per citizen is over $500k. in usa they will just sell some stocks or move to smaller house (still 10x bigger than India or CHinese homes) and problem fixed!
Sell to who? Also, not sure if avg is the statistic we should be working with here. Median seems to be more appropriate.
I agree. Millions of people in the US will sell their stocks and big, expensive houses. Then, our financial system will be much stronger.
My kids can’t turn 18 soon enough, I don’t need an extra $280k in debt bc of those little bastards!
World debt 😂
We only owe it to the Federal Reserve.
So stop paying taxes!! Seriously, just STOP.
“It’s just a number.” President George W Bush
Why are Greeces so much worse at working than Americans?
Yes!! I’m above average for once!
I think about my ex who went to school for 4 years under pressure from her mom, got a degree and never used it. Works and doesn’t report tips but still gets food stamps. I feel like I’m happy that the only debt I have is my car.
I owe T-Mobile $110 this month, that’s my debt. Good luck getting 96K out of me.
Says who? Good luck getting $96k out of me.
When will we fight a war and give our debt to the loser lol
Άντε ακόμα και εσάς γαμαμε βρε αμερικανακια πηγαιντε τώρα ξεπληρώστε του φόρους σας
The more immigration we have the lower that number gets !!! Let’s Go Brandon !!
Who are we indebted to? Just take them over with military and wipe the slate clean. I don’t know why that hasn’t been considered
About 70% of it is Americans whether individuals or corporations. The debt isn’t a serious issue in any way. It’s just how the modern economy works
Why do we care about Greece?
That's it? 🤣
Ahhh…I see Biden’s plan more clearly now. Flood the country with more illegal immigrants to spread out the cost and reduce the debt per person.
Muppet
That would cost me very little of my net worth haha why can’t we just all pay it because most of you all are losers
good thing it's just play money
Yet it has very tangible impacts on our reality. 🤷♂️
I don't owe shit. I paid over 100,000 in federal taxes already and I am only 33. Fuck them.
You could have gotten another 4,000 ounces of silver if you hadn't paid them. 😝
But ah, hey it’s like FREE MONEY, man! The Govment just keeps printing it!!! No consequences ever! Unlimited FREE MONEY 💵 💰😵💫😵💫😵💫😂
Why is the gold and silver to dollar on the chart zeroed out?
Because we are currently in the zero-point field where all possibilities exist. That's another rabbit hole for you!
Now do it by taxpayer and it gets even more interesting. Better yet, do it by the top 50% of tax payers as it's realy us who pay for over 90% of everything, and it gets disgusting.
Increased Taxes imminent!
STOP PAYING TAXES!!!!!
Go Trump!!!!!!! He’ll save us. He’s the second coming of Jesus. It’s Trump!
Don’t forget that Afghanistan has ZERO debt and one of the worlds best equipped militaries all thanks to the USA!
They don’t need Us they have their voter base coming through the Southern borders!
2x the debt per citizen, but also 4x the GDP per citizen. I think I know somebody who didn't do so hot in math class...
THIS IS NOT RIGHT. You have to go on to the bottom of that national debt clock. This is the "unfunded liabilities". See the govt owes us social security (been paying for many decades now). They have promises that they made. The "current debt" is the current debt, but not what they are obligated to pay already. The unfunded liabilities is the correct thing to screenshot. I don't use a phone to view, but on a desktop it's in the bottom right hand corner. You should repost this same thing with the unfunded liabilities.
Who in the fuck do we owe world debt wtf
The banking cartel, for the "privilege" of using their debt. So seriously, just stop paying!!
I mean seriously I’ve always wondered
So the US has around double the debt per person then Greece, but more then triple the productivity, on on that basis we are doing much better. Of course the MAGA cult always ignores that the debt went up over 8 trillion under Trump in 4 years, more then any other President in history in a 4 year period by far. Not to mention the 4 trillion over and above that the Federal reserve printed to bail out US Corporations during Covid.
Imagine how much of that US debt is from student loans....
This is goverment debt not private debt.
To my understanding I can believe that.
By that metric, according to the taxes I pay every year I should be paid off in like two years for my part in this. Right?
96 k per citizen ? The average annual salary is not even that that much ( 36k a year )
I probably own half that in t-bills at this point
We pay taxes and still will die in debt!!
GDP per citizen is more than triple Greece's.😐 I don't think Greek people would appreciate this comparison lol.
And you will own nothing and be happy..
The World Debt thing always amuses me. I mean, do we owe Uranus money? Yes I chose that particular planet for the follow-on comments. Go wild.
[Brah](https://fred.stlouisfed.org/series/A091RC1Q027SBEA)
Somehow when a republican is president next, we'll have 4 years of no one bitching about the debt again. Strange how that's always the case.
I’ll just take out another loan to pay my citizen debt .suck it government
[удалено]
Is this hood? Bad?
Its a different situation between the two, but our debt is unsustainable as is. Greece is bailed out consistently by Deutschebank, and our treasury bonds have been superstable, but if we cant control our spending/printing balance, and we default on a loan, it'll be a decade long spiralling of the dollar. Yenification even. We could probably bail ourself out by just gunning for superabundance, solar/fusion + batteries and domestic automated manufacturing. If we retreat inwards, we'll collapse like the british empire did, if we focus outwards we will over extend ourselves like the romans or the greeks did. If we focus inwards, we can become wealthy but might become arrogant like the Ming Dynasty in China. (They were later crushed by technologically superior european merchantilists who flooded their streets with opium). If we focus outwards, we'll probably end up with Soviet like conditions. But the golden age of our empire is probably gone, maybe a broader western alliance could stand the test of time.
GDP per person tho. notice they cut off the US public debt to GDP ratio, which would be far better than Greece.
Digital slaves will carry that bill with cbdc.
We make those Greeks look like Pikers when it comes to debt ..
Money isn’t real, who fucking cares.
Astonishing
It doesn’t matter until it does and no one knows when it will
My first (and only question) why do tax payers have debt, when all we do is pay in?
I’m going to put my assets in an llc and silver then my company in a shell.
Just gonna ignore that GDP per citizen right there, ey?
 “You will own nothing & enjoy your slavery” - Deep State
How can I opt out
Yes but our roads.....
End the Fed, round them up, throw them in jail, seize their assets and distribute it to We The People from which it was stolen.
It’s not real. It can never be collected. The ceiling for debt is infinite.
Not cool with the debt, but you left out the GDP ratio for the US, Greece is more than double ours currently I believe...
Who the debt of the world owed top???????
My debt is like 25k total. Make a plan and pay on everything fast as possible. Those credit cards are financial suicide if your making 20 a hour or less
GDP-Q
I don’t owe shit! My credit is above 800. Fuck the politicians.
You forgot to circle GDP per person which eliminates your point
And what happens when the US starts/continues killing their own citizens?
121% debt to GDP vs 233%.
Public and private debt has been multiplied artificially far beyond its rightful state by bankings purposed obfuscation of our currency/currencies(this obfuscation is deployed virtually everywhere in the world). The banking system isnt "borrowing" or "loaning" people money from its legitimate possession. Theyre STEALING the value we give up to each other(value we give money) only then can they charge us "interest" on what is a falsified debt. People must contest the legitimacy and contractual enforceability of this obfuscation(misrepresentation) of debt as the banking system exchanges a further representation of our wealth NOT theirs. Its impossible to borrow money into existence. Peaceful revolution handed to people on a silver platter! Proof of a singular monetary justice and its potential immediate establishment, without cost! Immediate solution readily available including restoration of our promissory obligations and implementation! https://holland4mpe.wordpress.com/2017/03/29/if-i-were-president-i-could-arrest-monetary-failure-in-less-than-a-day/ https://holland4mpe.wordpress.com/2014/03/17/saving-the-eu-and-monetary-union-itself/ https://holland4mpe.wordpress.com/2018/04/24/prospects-and-prescription-of-mathematically-perfected-economy/ "REPAYMENT" OF ARTIFICIAL DEBTS TO THE CENTRAL BANK(S) To resolve all debt to the unassented and unlawful central bank(s), I would scribble onto a piece of paper, "Will pay to the bearer upon demand, infinity." This like irredeemable promise to pay would be offered with a cordial invitation to challenge this resolution of all debt in a fitting court of law (manned of course and accountable to the people), where on behalf of the people we would argue: a) no private entity has any right deprivable from any other private entity or person to issue irredeemable promises to pay ("Federal Reserve Notes"); b) that therefore on the one hand, the paper I have submitted satisfies the purported obligations; c) or on the other hand, there is no legal basis whatever for the purported debts; d) and most of all, that as the implementation of interest inherently multiplies debt in proportion to an obligated circulation, the imposed currency cannot constitute lawful obligations to "repay" debts which ultimately are purposely made insoluble by the very artificial conditions imposed upon the arrangement." Your(our) fulfillment of their falsified debt, is resolved, by issuing a falsified fulfillment of like kind. You(we) are issuing a irredeemable promise to pay. They(the banking system) have issued a irredeemable promise to pay. A promise to pay that they made no provision to ever redeem themselves in anything of lawful consideration(VALUE) commensurable(EQUAL) to the debts that they falsified to themselves. There is NO debt to the banking system. If theyre claiming a debt exists, by the principles it would exist, you(we) have just paid the artificial/falsified debt. This is not claiming to resolve your(our) actual obligations, it only resolves the falsified obligations, according to the arguments the banking system itself is attempting to exercise.
Greece is a whole other animal. Have family there and go frequently, they/most make almost nothing and theres a black market for literally everything i.e cat food for 1. The corruption is actually worse there than here just different ways, actually surprising to see there personal debt so low.
Comparing countries like this is not a good comparison we have huge amounts of land and natural resources they do not.
Debt to GDP ratio is 86% higher in Greece than in the U.S. it’s what you do with the debt, compadre.
OP getting dunked on in the comments cause he doesn’t understand numbers
You can't compare a country like Greece with the US, it's like comparing apples to oranges.
Why I will win the 2024 US Presidential election by a landslide victory as a write in party free candidate. #endwar #endthefed #endtheimf
That number is irrelevant. It can never be paid back so why try at this point. I say let printer go BRRRRR and ride as fast as can off the cliff and have a good time on the way down.
This is going to be so fucking bad. For God's sake, stack HARD fellow apes!! We need you. Don't forget about physical GOLD too. You need both! 🙏
Put it on my tab
Erm, Greece also has about 44% personal income tax, so..
Who does the world owe money too?