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What nation or nations do you see on the horizon taking our funding from creditors away from us? Remember: It would require a lot of required funding as trillions of capital is available, and a better long-term debt/gdp ratio.
Irrelevant. The big question is how do you intend to pay for the trillions of dollars we borrow, Bob?
It is relevent, and that is why we won't have to pay it. First, 1/2 the debt is internal (IOUs to other gov't agencies, pensions, etc), second when GDP growth goes up and Wall St is bullish on it, that will reduce our annual deficit, while raising our GDP. A double positive on the all important ratio.
Every wise corp beyond mom and pop borrows mucho money while making mucho money. It is the prudent thing to do, often referred to generically as the credit line. Countries are no different-the size of the deficit is a COMPLIMENT as to the view creditors have of our worthiness to borrow.
It is relevent, and that is why we won't have to pay it. First, 1/2 the debt is internal (IOUs to other gov't agencies, pensions, etc), second when GDP growth goes up and Wall St is bullish on it, that will reduce our annual deficit, while raising our GDP. A double positive on the all important ratio.
Every wise corp beyond mom and pop borrows mucho money while making mucho money. It is the prudent thing to do, often referred to generically as the credit line. Countries are no different-the size of the deficit is a COMPLIMENT as to the view creditors have of our worthiness to borrow.
Today it's a "compliment," but 4 years ago it was "unpatriotic."
a compliment. Despite all your rants, the investors of 2012, just like 2002, 1992, and 1972, understand we are the best nation to lend to. And our debt/GDP ratio will remain superior to the EU. Who else can actually compete for the money? Since they know Asia cannot be trusted to respect any intellectual or real property rights, that continent wipes itself out.
a compliment. Despite all your rants, the investors of 2012, just like 2002, 1992, and 1972, understand we are the best nation to lend to. And our debt/GDP ratio will remain superior to the EU. Who else can actually compete for the money? Since they know Asia cannot be trusted to respect any intellectual or real property rights, that continent wipes itself out.
Don't bother... they think countries should manage their budgets like households. If they were actually right then there would be quite a few more countries in some serious sh*t.
a compliment. Despite all your rants, the investors of 2012, just like 2002, 1992, and 1972, understand we are the best nation to lend to. And our debt/GDP ratio will remain superior to the EU. Who else can actually compete for the money? Since they know Asia cannot be trusted to respect any intellectual or real property rights, that continent wipes itself out.
Of course we're the best nation to lend to. But, the question begs: Why do you think it's an infinite proposition?
And lets not forget that the man you voted for called it "unpatriotic" to run such large debts and deficits. And now, look at his debts and deficits. Do you remember who you voted for, Bob?
a compliment. Despite all your rants, the investors of 2012, just like 2002, 1992, and 1972, understand we are the best nation to lend to. And our debt/GDP ratio will remain superior to the EU. Who else can actually compete for the money? Since they know Asia cannot be trusted to respect any intellectual or real property rights, that continent wipes itself out.
Americans wont work for worthless $$$...
We don't make enough of the staples here to sustain ourselves without imports...
A job figuring out taxes or flipping burgers doesnt work when there's nobody to serve...
Our military has to import electronics and we cant even make the components the run our electric grid anymore...
We are on the road to ruin, but I suppose you have no problem with one world UN government???
Of course we're the best nation to lend to. But, the question begs: Why do you think it's an infinite proposition?
Simple: Our debt trend lines are better than all other 1st world, democratic nations.
We are all living longer, straining budgets, and it is true all over the 1st world. We have less debt due to entitlment programs here per capita than the EU.
1/2 our debt is internal. Few nations can say that-for most the vast majority of debt is external.
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