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Is America imploding?

degsie · 2016-11-16 23:15:25

Mass shootings, cops vs blacks, whites vs cops, too many guns...... and now Trump. Doesn't bode well.

Comments

#32 18-11-2016 1:35am

Permabear

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#33 18-11-2016 11:29am

BrokenArrows

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jimgoose wrote: »

Bleh. The defecit was €1.4 trillion shortly after the Knickerbocker Panic of 'ought-seven, or 10% of U.S. GDP. The current €19 trillion figure looks huge, but at ~2.5% of GDP it's only a problem if you can't service it, or if some people think you can't service it, or if they don't shut up about it because you have loads of nuclear-powered aircraft carriers.

But thats just it. The entire system is based on what people perceive.

At a flick of a switch the world might think the US isnt good for the trillions that it owes, so the rates increase, and if the rates increase they cant pay it and boom, implosion.

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#34 18-11-2016 11:33am

Aron Plain Shelter
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As my dad says, "it'll be better before you're married". To which a family member replied, just after being married, "it'll never be better now".

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