There is only talk of containing the fiscal deficit, not erasing it.
It doesn't make sense for a country to pay off all its debts. Definitely not for the US.
Topic: When will the USA pay their debts, if ever? - page 18. (Read 20985 times)
If you think about it the USA has never paid much of it's debt back since the days of Jackson (who hated banks and paid the national debt off). Basically it will roll its debt forward forever (or as long as investors will allow it) and the US will rely on inflation to reduce the real value of the debt. Even a 2% inflation rate halves the real value of debt every 30 years or so, and I think we can expect higher inflation than that going forward. (Though I have been wrong on this before.)
There was a time when people just assumed countries would never pay back debt. A lot of early UK debt was perpetual.
There was a time when people just assumed countries would never pay back debt. A lot of early UK debt was perpetual.
they will make mroe debit with bitcoin itself, you will see
They don't plan on paying it back, it seems like the gameplan is to cause WWIII and during that claim that their country is now bankrupt and they need to reset their dollar and debts due to some bullshit war related thing
Never, take your precautions with this knowledge
This.A default is inevitable. It's a good idea to get into a position where you are as shielded as possible from it.
They cant default, but they can inflate it away.
tl;dr "Prime Minister Morgan Tsvangirai told a farmer at a public rally last year that he should use the bricks of bank notes under his bed "to fertilize his fields.""
We can only hope that the US will continue to use cotton paper for the bills and doesn't switch to plastics...
We will see a fierce competition between countries for money printing.
ya.ya.yo!
They will pay it once they adopt BTC.
USA can pay any debt. make more research but here is a hint:
Good one! Here's another, from the vaults:
http://online.wsj.com/news/articles/SB10001424052748703730804576314953091790360
tl;dr "Prime Minister Morgan Tsvangirai told a farmer at a public rally last year that he should use the bricks of bank notes under his bed "to fertilize his fields.""
Never, take your precautions with this knowledge
This.A default is inevitable. It's a good idea to get into a position where you are as shielded as possible from it.
Never, take your precautions with this knowledge
Why would a country want to pay its debts? Debt should be pawned off on patriots willing to take sub-inflation rates in exchange for a nice story and a picture of a pissed off, paranoid eagle, or to other entities seeking favor. Total US debt:assets is quite low -- UK and Japan are in a much more dire position because there's less to squeeze out; USG has options. 
USA can pay any debt. make more research but here is a hint:
It's a JOKE. They will never pay. Just not possible.
Never. It's impossible. The interest alone is impossible to pay, nevermind the debt.
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