Total U.S. Debt in one graph (NPR)

Calmye

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Its so exponential breh :lupe:

The system if fukking broken, i dont think america can climb out of this anytime soon. Look at how everything was going better in the clinton years, thats my goat president :to:
:beli: What graph you looking at breh. The rise started in the 80s and never looked back. Clinton didn't see a down turn at all. Regan - Obama are :pacspit: statuse
 
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Broke Wave

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guess we're doing our job then. :pachaha:

like somebody else said already, we're comparing a nation of 5 million people to the governance of a nation with 315 and acting like it's the same. furthermore acting like america isn't the global leader on practically everything.

Get this... America is the... United...STATES. There are plenty of states with 5m people and some with less... anything that cannot be implemented on teh Fed level can easily be sent to the states in block grants... Canada has about as much people as California yet we're shytting on California in many human indicators, yet we have about 8 times as many people as Norway. See how that works :krs:
 

Dusty Bake Activate

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What internal debt? Social Security and Federal Reserve aren't even American owned.
PpfzDPW.png
 

DEAD7

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Congress has no control over the monetary policies and/or decisions that are made by the FED branches. So you would trust bankers, who has proven to be corrupt on all different kind of levels, to be in charge of deciding on how the market, practically, should look?
:what:
 

OsO

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Not true... I've only ever heard Americans say this... what has America protected Sweden from since the cold war?

:snoop:

yes. look at the train wreck in congress, you really want them in charge of monetary policy?

has to be government because private banking interests have different priorities than a government-run banking system, in theory. the government's priority is the people, a private bank's priority is getting money.

but again all this theoretical model talk is irrelevant when you have rampant corruption and greed in the highest levels of government. if the people at the top are corrupt then no system will work, no matter how "good" the system is.

and right now you have groups of people who dont give a shyt about the US economy, in charge of running the US economy. so naturally our economy is now being used to make OTHER countries/entities rich.

Yea, definitely. Bonds should be issued but the problem is that the FED should be an extension of the federal government, but now it is treated as any other private bank who's taking advantage of the interest rates that they help set.

exactly.

the private interests dominating the fed writing billion dollar checks to the homeys... to the detriment of the US taxpayer.

allow QE with no effective oversight breh
 

Prodigital

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:beli: What graph you looking at breh. The rise started in the 80s and never looked back. Clinton didn't see a down turn at all. Regan - Obama are :pacspit: statuse

It bottomed out in clinton years. Sure, we didn't stop the deficit, but from mid 90s to 2000, there was a serious dent put into it. A negative slope on both of those graphs, shyt hasn't happened since.
 

FAH1223

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It bottomed out in clinton years. Sure, we didn't stop the deficit, but from mid 90s to 2000, there was a serious dent put into it. A negative slope on both of those graphs, shyt hasn't happened since.

The national debt was $5 trillion or so in 2000.

It went to $9 trillion in 2008.

And now it's at $16 trillion.
 
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