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  1. Financial Forum
    OK, so as I understand it ... each year there is a deficit, or when the US Govt decides it needs a large amount of money (say for a massive societal relief bill), the following happens: Treasury says "I don't have enough money for this. I need to borrow. I'll issue bonds" Businesses and...
  2. Financial Forum
    Read at least the first of this to get the idea. What will the real consequences be? I’ve listened to serious people debate student debt forgiveness/cancellation, they echo many serious concerns – impact of the federal deficit...
  3. Off Topic Lounge
    Burlington College Feels the Bern! Will Close Thanks to Crushing Debt Acquired by Mrs. Bernie Sanders No surprise here! So you secure a loan based on fund raising and commitments. :xeye: Who would loan money on that? :xeye:
  4. Financial Forum The thing to watch is in TABLE III-C - Debt Subject to Limit. As of October 6, 2015, the total public debt is $18,112,975,000,000 ($18.1 Trillion). Ironically, the Federal government and the Treasury have been playing a shell game for perhaps the past...
  5. Off Topic Lounge
  6. Financial Forum
    This article has intrigued me the past couple days: "Income inequality: Does wider gap between rich and poor threaten capitalism?" Turns out that Bill Gross, one of the wealthiest...
  7. Financial Forum This is what happens when you run an economy on debt-the ponzi scheme eventually collapses when everybody is loaded up with so much debt that most of their meager incomes are going to pay banksters, not to buy goods and...
  8. Financial Forum
    David Stockman, former budget director for Ronald Reagan spells it out plain and simple in the USA Today. He is sharp and knows his stuff. "The consequences are horrendous. If you...
  9. Financial Forum
    Debt is Endemic In Our System... And the Deleveraging Will be Brutal For Businesses and Investors Alike Debt is absolutely endemic in our financial system. The average non-financial corporation in the US is sitting on a debt to equity ratio of 105%. Bank leverage while relatively low compared...
  10. Financial Forum
    What happens when consumtion decreases or goes away? excellent article with charts here: (October 24th entry) from ...
  11. Financial Forum Could anyone point me to another organization which does not base their information on the IMF to verify or debunk the above referenced chart? Thanks, MtnCat
  12. Financial Forum
    Where does money come from? How does that work? This video will vastly increase your knowledge of the economic system, the money supply and thereby wealth creation and deletion.
  13. Off Topic Lounge
    so now that the us diverted a default, and put america into adittional 7ish trillion dollar in debt, it's time for the birthday bash. but is it ruined? the party favors were busted in the caribbean, 7ish ton of it!
  14. Off Topic Lounge
    so here we are. doing what is not popular will make your a terrorist. Biden: Tea partiers like 'terrorists' one day soon, the defenders of the us constitution will be deemed as terrorists. ......... it might be happening now.
  15. Financial Forum
    Ok. The link below is to a story that states that Moody's sees no reason in either of the debt bills to keep it from reducing the US's AAA rating. Here is the question: What are the...
  16. Disaster Preparedness General Discussion
    Pardon my ignorance, but as I read over many posts here, a common piece of advice is to pay off your debts in a shtf-coming situation. I agree, in general, that we should seek to have as little debt as possible, it just makes life easier and less stressful. But if you're convinced that a shtf...
  17. Financial Forum
    If the economy and/or the government collapses who do you think will be collecting debt payments on mortgages, credit cards, etc?
1-17 of 29 Results