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Thread: Interest payments on the debt is the next big crisis

  1. #31
    Quote Originally Posted by Madison320 View Post
    That's true, and I'm always saying trump was a bad president because of that but biden would've spent the same if covid hit when he was president. They both suck but I think there's a better chance that trump would do the right thing if we got hyperinflation. I think biden/harris first move would be price controls. I don't see trump doing that.
    Which fox will eat fewer of our chickens if we put him in charge of our henhouse?

    I'm so sick of the Uniparty.



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  3. #32
    Quote Originally Posted by acptulsa View Post
    Which fox will eat fewer of our chickens if we put him in charge of our henhouse?

    I'm so sick of the Uniparty.
    I agree. The "good" news is change is coming, no matter what. We're getting close to the end game, which is a currency collapse.



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  5. #33
    Quote Originally Posted by Madison320 View Post
    I agree. The "good" news is change is coming, no matter what. We're getting close to the end game, which is a currency collapse.
    If something can't go on forever, it will stop.
    There is nothing to fear from globalism, free trade and a single worldwide currency, but a globalism where free trade is competitively subsidized by each nation, a continuous trade war is dictated by the WTO, and the single currency is pure fiat, fear is justified. That type of globalism is destined to collapse into economic despair, inflationism and protectionism and managed by resurgent militant nationalism.
    Ron Paul
    Congressional Record (March 13, 2001)

  6. #34
    Quote Originally Posted by Invisible Man View Post
    If something can't go on forever, it will stop.
    And that's the point of this thread. In my opinion the interest on the debt becoming unaffordable is the ultimate thing that stops us from continuing to borrow and print.

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