America is Fucked
America is Fucked
Out of context: Reply #3986
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"UK overtakes China as second-biggest holder of US Treasurys with $780 billion"
- Awwwwww the US becoming again a UK colony...********
- Awwwwww you're retarded...canoe
- ...if you think that.canoe
- < this means you're so much in debt you practically fucked if the UK ends up picking up your slack :))********
- So who is the retarded one? You with so much debt you basically can't even print money anymore to cover it? :)))********
- The U.S. can never run out of dollars to pay its debt because it prints its own currency.canoe
- The only constraint on money printing is inflation, not debt. And the UK buying more Treasuries while China sells is a realignment we're in favor for.canoe
- We are the definition of monetary sovereign and have more flexibility than most nations, especially those rely on foreign currencies or fixed exchange rates.canoe
- LOL all other countries print their own!
You're in this situation BECAUSE you printed tons of currency******** - But debt is something else, and when somebody else owns your debt - they own you!********
- It’s not the big deal you’re making it out to be. Remember, your entire country is smaller than most US states, to help with perspective for what it’s worth.monospaced
- Awwwwww the US becoming again a UK colony...