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Could you Explain this Video?

Factseeker
Posts: 446
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6/20/2018 2:22:51 AM
Posted: 11 months ago
At 6/20/2018 1:38:08 AM, Nd2400 wrote:
https://youtu.be...

Only 8 minutes!!!!

Is this good?

It"s very bad. It is the results of liberal politicians and rinos trying to spend their way out of debt but only succeeding in creating illusions while saddling future generations with insurmountable debt.
Nd2400
Posts: 3,221
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6/20/2018 2:33:09 AM
Posted: 11 months ago
At 6/20/2018 2:22:51 AM, Factseeker wrote:
At 6/20/2018 1:38:08 AM, Nd2400 wrote:
https://youtu.be...

Only 8 minutes!!!!

Is this good?

It"s very bad. It is the results of liberal politicians and rinos trying to spend their way out of debt but only succeeding in creating illusions while saddling future generations with insurmountable debt.

It also the Republican fault too. They share equal respectability...look at trump since he took office. Two more trillions added to the National debt. He creating illusions with these tariffs. Thinking it would help the economy is a illusions....
Factseeker
Posts: 446
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6/20/2018 3:11:59 AM
Posted: 11 months ago
At 6/20/2018 2:33:09 AM, Nd2400 wrote:
At 6/20/2018 2:22:51 AM, Factseeker wrote:
At 6/20/2018 1:38:08 AM, Nd2400 wrote:
https://youtu.be...

Only 8 minutes!!!!

Is this good?

It"s very bad. It is the results of liberal politicians and rinos trying to spend their way out of debt but only succeeding in creating illusions while saddling future generations with insurmountable debt.

It also the Republican fault too. They share equal respectability...look at trump since he took office. Two more trillions added to the National debt. He creating illusions with these tariffs. Thinking it would help the economy is a illusions....

I mentioned rinos. But you"re missing the point. Congress passes a budget, the sitting president signs it. Congress doesn"t do their job regardless of party affiliation.
Nd2400
Posts: 3,221
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6/20/2018 4:14:32 AM
Posted: 11 months ago
At 6/20/2018 3:11:59 AM, Factseeker wrote:
At 6/20/2018 2:33:09 AM, Nd2400 wrote:
At 6/20/2018 2:22:51 AM, Factseeker wrote:
At 6/20/2018 1:38:08 AM, Nd2400 wrote:
https://youtu.be...

Only 8 minutes!!!!

Is this good?

It"s very bad. It is the results of liberal politicians and rinos trying to spend their way out of debt but only succeeding in creating illusions while saddling future generations with insurmountable debt.

It also the Republican fault too. They share equal respectability...look at trump since he took office. Two more trillions added to the National debt. He creating illusions with these tariffs. Thinking it would help the economy is a illusions....

I mentioned rinos. But you"re missing the point. Congress passes a budget, the sitting president signs it. Congress doesn"t do their job regardless of party affiliation.

The last statement i would agree with....
Swagnarok
Posts: 2,020
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6/20/2018 4:43:28 AM
Posted: 11 months ago
Of what little I saw, the interest rate on the National Debt has gone down tremendously over the past few decades. The reason is that if the US finds itself unable to pay its debt, it'd probably default or declare bankruptcy, which would annihilate the global economy in a heartbeat.
Many of the world's currencies are pegged to the dollar. It is the most traded currency in the world, indeed, the foundation of the post-WWII system of international trade. For that reason, the US can afford to borrow money and rack up debt at levels absolutely unthinkable for other countries. That's why our mountain of debt hasn't collapsed on our heads yet, and likely won't for some time.

When China surpasses us as the world's foremost economy and center of gravity for global trade and currency exchange, it'll likely spell disaster for the US economy.
Rest in Peace DDO (2007-2018)