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Utopia Talk / Politics / is OVA 40 !!!!!
TheChildren
rank
Wed Aug 19 22:54:17
https://ww...n-mark-for-the-first-time.html

ROFL

i rememba a while back, but not soo long back, is was just like 39 or somethin.

WELL IT OFFICIAL. IS OVA 40 NOW. NOT EVEN HALF A YEAR!!!!

IS OVA 40 TRILLIONIEZZ!!!


Habebe
rank
Thu Aug 20 00:47:33
You realize that China actually has a.higher debt to GDP ratio, right?

I mean, it's actually close enough to be negligible.

But US @123%
China @ 124%

But, if you include state organizations, it's probably closer to 200+ in China.
Habebe
rank
Thu Aug 20 00:50:56
You realize that China actually has a.higher debt to GDP ratio, right?

I mean, it's actually close enough to be negligible.

But US @123%
China @ 124%

But, if you include state organizations, it's probably closer to 200+ in China.
williamthebastard
rank
Thu Aug 20 09:44:39
^

"how true is this and wth is he referring to by state organizations?

If by "state organizations" they mean all debt owed by Chinese state-owned enterprises, corporations, LGFVs, etc., then you can get extremely large numbers—but that isn't government debt.

The comparison is misleading because it mixes different definitions of Chinese debt."


Thats all I need to know
Average Ameriacn
rank
Thu Aug 20 10:18:23
Tariffs and keeping the oil will fix that.

Trump just needs more time, 4 more years.

Golden age is coming MAGA!
TheChildren
rank
Thu Aug 20 15:21:58
iS OVA!!!

imminiment collapse shithole implosion

murder
rank
Thu Aug 20 19:32:02

"Treasury Secretary Scott Bessent on Thursday said the U.S. can “grow” its way out of the $40 trillion national debt ..."

We'll just grow out of it ... like with chronic masturbation.

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TheChildren
rank
Sat Aug 22 16:49:56
when is gonna be ova 41????

1) be4 septemba 2026
2) be4 decemba 2026
3) feb 2027

me thinks b
murder
rank
Sat Aug 22 17:48:51

The options were 1, 2, or 3, not b. lol :o)

But yes, definitely by December.

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Rugian
rank
Sat Aug 22 17:57:29
We absolutely cannot grow our way out of it. The increase to debt far, far outpaces any realistic GDP geowth projections.

I explained these very numbers to murder a few years back to show how we had a massive spending problem and he couldn't have cared less. I consider that an object example of why no one in DC is interested in solving this problem :/
TheChildren
rank
Sat Aug 22 18:05:41
shithole implosion is comin

murder
rank
Sat Aug 22 18:07:01

"I explained these very numbers to murder a few years back to show how we had a massive spending problem and he couldn't have cared less."

Link or stfu!

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williamthebastard
rank
Sat Aug 22 18:14:53
Sam Adams is going to have to learn how to skateboard on the freeway to work
jergul
rank
Sat Aug 22 21:35:37
Ruggy
I feel like you are stealing my glory :).

The problem in a nutshell is that decreasing deficit spending decreases gdp growth. Goverment spending is responsible for about 25% of gdp. You would slip immediately into a recession if you reduced the deficit by 1 trillion in a given fiscal year.
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