ECON US Total debt is 222 TRILLION DOLLARS

[Doomer Doug]

One of the dominating economic realities, both here in the USA and the entire world is the debt is not sustainable, much less able to be repaid. It is a simple fact that the USA will, at some point in the future, suffer a debt repayment crisis. It is beyond contention that this will happen. When it will happen, or how it will happen, or what the actual trigger event will be are unknown. Still, at some point the US Government, ie the private banking cartel miscalled as the Federal Reserve, will lose the ability to issue debt. Once that happens, all government spending will have to be based on actual tax revenue. Since actual tax revenue is usually less than one half of the total spending, it will trigger massive cuts in various social programs, including the DOD, and trigger massive social unrest.

The link below gives the scope of the debt problem for the USA. The usual figure of $22 TRILLION in total government debt is misleading to put it mildly. The commonly referred to $22 TRILLION is roughly TEN PERCENT, RIGHT, TEN PERCENT OF THE TOTAL UNFUNDED LIABILITIES OF $222 TRILLION. Clearly, none of this money will ever be repaid, which guarantees total system collapse. When you see the actual numbers, you see why we are doomed here in the USA.

The link is here.

https://www.zerohedge.com/news/2019...ing-unfunded-liabilities-222-trillion-dollars

The True Size Of The US National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars
Profile picture for user Tyler Durden
by Tyler Durden
Fri, 03/29/2019 - 16:45

Authored by Michael Snyder via The End of The American Dream blog,

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet. Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year. But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic. According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars.

Of course we are never going to pay back all of this debt.

The truth is that we are just going to keep accumulating more debt until the system completely and utterly collapses.

 

[Bean Pole]

DD, good post. This is no longer a math problem. The US became insolvent (info from folks that I trust & began to work with in 2005) in 1993. This is now a physics problem. One that can snap earths axis in half, if truth be revealed. Buckle up!

 

[Dozdoats]

We can just print it.

 

[Ractivist]

But the individuals involved in this debt scheme will have title to everything, and lord it over all.......less of course, they can't......................................
You can connect the dots, hehe Then again, doctor evil always had big plans....we will see it all play out, one way or the other, that's for sure.

 

[Blacknarwhal]

Last I heard, the plan was to crash the economy just after Trump gets re-elected. Then the Fed gets taken out for good.

 

[JF&P]

Last I heard, the plan was to crash the economy just after Trump gets re-elected. Then the Fed gets taken out for good.

A "Plan" eh?

Oh yeah, there is a plan but I think its bigger then what we are seeing here. Debt will be used as a weapon with world wide consequences.

Remember, their ultimate goal is a New World Order.

 

[LightEcho]

Those places that have been buying gold and other rare metals know that fake money is doomed. What they don't know is that this fake world is also doomed.

Morality problem became a math problem and now a physics problem. None of the answers to the interwoven problems will work without first solving the moral problem.

 

[Knight_Loring]

Good to refresh oneself with the history of the Weimar Republic... which seems to be in the US future.
Good thing that right now the US is on top and everyone wants to invest in our $ and markets.
Wish politicians were smart enough to start significantly paying down debt. we all know that will never happen.

I think there is a great chance we will not have to be concerned about the debt.
It will be a new world common money, led by the US... the worlds best ever schemers.

 

[hiwall]

Just pay it off

 

[raven]

the "White People" are good fer it
LOL

 

[TammyinWI]

Last I heard, the plan was to crash the economy just after Trump gets re-elected. Then the Fed gets taken out for good.

And I am reading this at 9:11.

 

[Blacknarwhal]

And I am reading this at 9:11.

Yes, yes, everyone's aware of your opinion on Donald Trump

 

[KFhunter]

222T or 522T there's no difference. The debt must grow or it will all collapse, we cannot be fiscally responsible.

 

[Tristan]

"US Total debt is 222 TRILLION DOLLARS"


That's gonna leave a mark!

 

[LightEcho]

So where is all this debt? I suppose most of it is in pension funds, investment portfolios. Banks running mortgages & credit cards may hold a fair amount of it, but they also sell it off to their clients. States and cities floating bonds en-debt those entities for projects and malfeasance in daily operations. Money is taken today to cover the special interests of politicians and "wall street". In return, a layer of paper is issued for future redemption.

Don't be holding the bag of those future promises. Don't count on them. And don't be trapped into a promise to pay.

This can go two ways. One- they keep everybody marching around the mountain happily eating the bodies of those who have fallen in front of them. Or two- the mountain is really a simmering volcano and it erupts wiping out the system and all those who are part of it.

Confidence in the system is what makes it still work. People are stupid enough to look only short-range and ignore where it is all heading. The foundation of the money system is the fiat currencies that are accepted as value. When debt becomes serviceable and governments artificially pump the indicators to keep the people blinded to reality, we are not far from the masses reaching a sheer cliff high on the mountain.

 

[dstraito]

It should be a lot easier to pay it off when Bernie and AOC take over and people don't have to work!

 

[Dozdoats]

It's not as if it were actual MONEY after all. No need to worry … unless you're a bankster.

 

[Doomer Doug]

One of the things that crossed my mind back in November of 2016, when I was voting for Trump was he would become another Herbert Hoover. Hoover got blamed for the depression even though much of it wasn't his fault. However, he got tarred with it and went down in history as the man responsible for it. I think the "plan," is to take out the economy, by the VILE FEDERAL RESERVE and dump the blame on both Trump and capitalism. One of the ways that AOC's "socialism," will happen is if we have a general economic collapse, which is blamed on both Trump and Capitalism.

Yep, the debt is unpayable.

 

[twobarkingdogs]

The huge debt is one of the reasons interest rates are so low as the government could not afford to issues treasuries if interest rates were higher. I'm not saying that right but hopefully you get the point.

The high debt is also a reason inflation is kept so low in official numbers. They use a substitution bias which causes the inflation rate to be calculated lower then it would be using a fixed basket of goods. This substitution has a change in the purchases by consumers in response to higher price changes, substituting higher priced goods for lower priced goods. substituting hamburger for steak, or chicken for beef.

And a lower inflation rate translates into lower payments to the government for things like Social Security and other CPI based payment increases. And a lower inflation rate allows for lower long term interest rates on the debt. Thus why they control the reporting of the numbers.

tbd

 

[NoDandy]

" Remember, their ultimate goal is a New World Order. "

You hear all those people saying " stick with the plan ". OK, THAT IS THE PLAN !!!!

 

[TammyinWI]

Yes, yes, everyone's aware of your opinion on Donald Trump

Well, ok, fine. But this was not a reply that I expected- actually didn't expect one at all.

It was a harbinger in my eyes though, as in Twin Towers, a lot of death, destruction, and possibly a False Flag/bunch of lies.

I will never forget that day and how I could not believe what they were broadcasting. I smoked backed then, and smoked a lot that day, over at a friend's house.

 

[KFhunter]

One of the things that crossed my mind back in November of 2016, when I was voting for Trump was he would become another Herbert Hoover. Hoover got blamed for the depression even though much of it wasn't his fault. However, he got tarred with it and went down in history as the man responsible for it. I think the "plan," is to take out the economy, by the VILE FEDERAL RESERVE and dump the blame on both Trump and capitalism. One of the ways that AOC's "socialism," will happen is if we have a general economic collapse, which is blamed on both Trump and Capitalism.

Yep, the debt is unpayable.

Why would the federal reserve want socialism/communism? Why would they want leftest control?

 

[Dozdoats]

Why? It's part of The Plan, of course. See if this helps...
===============

https://www.youtube.com/watch?v=piC3d2vB8uo
Countdown to Financial Collapse | G. Edward Griffin and Stefan Molyeux
RT 53:15

Stefan Molyneux and G. Edward Griffin discuss the basics of the central banking scheme, past examples of honest banking, theft through inflation, monetarily enabling the military industrial complex, false patriotism and how long it will be until the collapse of the current system.

 

[JF&P]

The DEEP STATE is everywhere.... Unfortunately, few Americans understand how that's possible!

 

[China Connection]

Well, I was earning 2,500.000 won a month in South Korea.

 

[jed turtle]

A couple more black swans, like say, more bombagenesis flooding or severe droughts of the food baskets of the world, the entire planet suddenly dipping into the Grand Solar Minimum and the math for feeding 7-8 billion people just indicates “ain’t gonna happen”, or Ebola now breaking out in Africa catches a few plane rides to Europe Asia and America, and our entire hierarchy of “concerns” becomes flipped over on its head. Or the ever present threat of EMP or solar burst strong enough to fry the satellites, and, well,

Bottom line- all our blessings -or lack thereof- truly come from the Lord who created the universe and life.

“Blessed is the nation whose God is the Lord”.

We can all see History heading towards a final Singularity. We all should be asking if our faith is in Him who caused everything to come into being, or in our own efforts to trust the “system”.

 

[petedtom]

http://www.usdebtclock.org/art2/World-Clock-2019-2.png

Well we might as well be 1st in something.

Japan is actually higher in Debt to GDP ratio's , as are a few countries but that is just being silly.

NONE of this debt can ever be repaid.
Name National Debt to GDP Ratio Population
Japan 234.18% 126,854,745
Greece 181.78% 11,124,603
Sudan 176.02%
Venezuela 172.08% 32,779,868
Lebanon 160.57% 6,065,922
Italy 127.51% 59,216,525
Eritrea 127.34% 5,309,659
Barbados 127.31% 287,010
Cape Verde 126.66% 560,349
Portugal 117.54% 10,254,666
Mozambique 116.60% 31,408,823
United States 109.45% 329,093,110
Singapore 108.79% 5,868,104
Gambia 105.17% 2,228,075
Republic of the Congo 105.01% 5,542,197
Bahrain 102.01% 1,637,896
Belgium 99.08% 11,562,784
France 96.20% 65,480,710
Bhutan 96.05% 826,229
Yemen 95.83% 29,579,986
Belize 95.53% 390,231
Spain 95.12% 46,441,049
Jamaica 93.99% 2,906,339
Jordan 90.83% 10,069,794
Brazil 90.24% 212,392,717
Antigua and Barbuda 90.23% 104,084
Cyprus 89.52% 1,198,427
Dominica 87.25% 74,679
Egypt 87.08% 101,168,745
United Kingdom 85.92% 66,959,016
Canada 83.81% 37,279,811
Saint Vincent and the Grenadines 81.23% 110,488
Ukraine 76.86% 43,795,220
Sri Lanka 75.19% 21,018,859
Saint Lucia 74.91% 180,454
Tunisia 73.31% 11,783,168
Mauritania 73.17% 4,661,149
Maldives 72.82% 451,738
Zimbabwe 72.64% 17,297,495
Croatia 72.58% 4,140,148
Sao Tome and Principe 72.16% 213,379
Austria 71.97% 8,766,201
Angola 71.59% 31,787,566
Togo 70.57% 8,186,384
Slovenia 69.80% 2,081,900
Burundi 69.45% 11,575,964
Albania 68.50% 2,938,428
Zambia 68.04% 18,137,369
Suriname 67.73% 573,085
Pakistan 67.44% 204,596,442
India 67.29% 1,368,737,513
Laos 66.71% 7,064,242
Montenegro 66.50% 629,355
Puerto Rico 66.02% 3,654,978
Ghana 65.90% 30,096,970
Hungary 65.87% 9,655,361
Uruguay 65.17% 3,482,156
Ireland 64.86% 4,847,139
Sierra Leone 63.99% 7,883,123
Morocco 62.44% 36,635,156
Nauru 61.69% 11,260
Israel 61.38% 8,583,916
Finland 59.56% 5,561,389
Gabon 59.34% 2,109,099
Mauritius 59.11% 1,271,368
El Salvador 58.83% 6,445,405
Senegal 58.75% 16,743,859
Namibia 58.52% 2,641,996
Vietnam 58.13% 97,429,061
Malawi 57.59% 19,718,743
Saint Kitts and Nevis 57.55% 56,345
Bahamas 56.95% 403,095
Kenya 56.95% 52,214,791
Grenada 56.72% 108,825
Ethiopia 56.70% 110,135,635
Azerbaijan 56.37% 10,014,575
Guyana 56.12% 786,508
Costa Rica 55.92% 4,999,384
Germany 55.75% 82,438,639
South Africa 55.70% 58,065,097
Armenia 55.58% 2,936,706
Serbia 55.09% 8,733,407
Kyrgyzstan 55.08% 6,218,616
San Marino 54.61% 33,683
China 54.44% 1,420,062,022
Iraq 54.44% 40,412,299
Seychelles 53.68% 95,702
Mexico 53.43% 132,328,035
Argentina 52.75% 45,101,781
Benin 52.64% 11,801,595
Malaysia 52.62% 32,454,455
Bolivia 52.31% 11,379,861
Qatar 51.96% 2,743,901
Vanuatu 51.70% 288,017
Netherlands 50.91% 17,132,908
Ecuador 50.05% 17,100,444
Belarus 49.93% 9,433,874
Tajikistan 49.88% 9,292,000
Poland 49.80% 38,028,278
Iran 49.21% 82,820,766
South Sudan 48.58% 13,263,184
Equatorial Guinea 48.41% 1,360,104
Oman 48.34% 5,001,875
Colombia 48.17% 49,849,818
Niger 47.53% 23,176,691
Ivory Coast 46.87% 25,531,083
Fiji 46.86% 918,757
Slovakia 46.56% 5,450,987
Samoa 46.25% 198,909
Malta 45.94% 433,245
Chad 45.39% 15,814,345
Guinea 44.69% 13,398,180
Trinidad and Tobago 44.67% 1,375,443
Uganda 44.51% 45,711,874
Central African Republic 44.37% 4,825,711
Georgia 44.09% 3,904,204
Honduras 44.08% 9,568,688
Rwanda 43.12% 12,794,412
Macedonia 42.22% 2,086,720
Moldova 41.99% 4,029,750
Lesotho 41.74% 2,292,682
Thailand 41.58% 69,306,160
Burkina Faso 41.34% 20,321,560
Switzerland 41.10% 8,608,259
Australia 41.05% 25,088,636
Swaziland 40.97% 1,415,414
Tanzania 40.72% 60,913,557
Liberia 39.12% 4,977,720
Romania 38.96% 19,483,360
Algeria 38.42% 42,679,018
Bosnia and Herzegovina 38.38% 3,501,774
South Korea 38.27% 51,339,238
Madagascar 38.02% 26,969,642
Dominican Republic 37.87% 10,996,774
Guinea-Bissau 37.59% 1,953,723
Panama 36.97% 4,226,197
Norway 36.66% 5,400,916
Mali 36.58% 19,689,140
Philippines 36.28% 108,106,310
Cambodia 36.19% 16,482,646
Denmark 35.06% 5,775,224
Iceland 34.88% 340,566
Myanmar 34.87% 54,336,138
Nicaragua 34.58% 6,351,157
Sweden 34.45% 10,053,135
Haiti 34.27% 11,242,856
Cameroon 34.06% 25,312,993
Turkmenistan 33.62% 5,942,561
Bangladesh 33.36% 168,065,920
Kiribati 32.88% 120,428
Kuwait 32.42% 4,248,974
Latvia 31.92% 1,911,108
Taiwan 31.83% 23,758,247
Tuvalu 31.49% 11,393
Lithuania 31.41% 2,864,459
Czech Republic 31.29% 10,630,589
Papua New Guinea 30.67% 8,586,525
Indonesia 30.25% 269,536,482
Djibouti 29.33% 985,690
Nepal 28.83% 29,942,018
Comoros 28.48% 850,910
Peru 28.01% 32,933,835
Turkey 27.86% 82,961,805
Nigeria 27.37% 200,962,417
Paraguay 26.06% 6,981,981
Guatemala 24.64% 17,577,842
Chile 24.62% 18,336,653
Saudi Arabia 23.83% 34,140,662
Marshall Islands 23.25% 53,211
Kazakhstan 23.14% 18,592,970
Bulgaria 22.86% 6,988,739
Luxembourg 22.80% 596,992
New Zealand 22.69% 4,792,409
Uzbekistan 20.65% 32,807,368
Micronesia 20.55% 106,983
Russia 19.48% 143,895,551
United Arab Emirates 19.35% 9,682,088
Solomon Islands 16.41% 635,254
DR Congo 13.31% 86,727,573
Botswana 12.84% 2,374,636
Estonia 8.12% 1,303,798
Afghanistan 6.32% 37,209,007
Brunei 2.46% 439,336

 

[Dozdoats]

So, there is all this DEBT. The world is drowning in DEBT. Your currency (it is not money) is but a representation of more DEBT.

Question is, do you personally have any actual ASSETS that are not someone else's libilities?

 

[Doomer Doug]

Well, here is the link to the US National Debt clock.

It makes for some interesting reading.

http://www.theusdebtclock.com/


Debt of the United States

The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies. The US national public debt consists of two components:

Debt held by the public comprises securities held by investors outside the federal government, including that held by investors, the Federal Reserve System and foreign, state and local governments.

Intragovernment debt comprises Treasury securities held in accounts administered by the federal government, such as the Social Security Trust Fund. (Source: Wikipedia).

 

[China Connection]

In China, wages go up then everything goes up just about.

The same thing should happen with government spending and loans and then people would wake up.

Switzerland used to have it that if you didn't have the money then you couldn't get what you wanted. It can be done.

 

[Blacknarwhal]

Well, ok, fine. But this was not a reply that I expected- actually didn't expect one at all.

It was a harbinger in my eyes though, as in Twin Towers, a lot of death, destruction, and possibly a False Flag/bunch of lies.

I will never forget that day and how I could not believe what they were broadcasting. I smoked backed then, and smoked a lot that day, over at a friend's house.

The problem with harbingers is that they're really only obvious in retrospect. For all we know, MAGA may be the real thing, the end may be not yet, and we could be looking at a bit of a turnaround.

We all know these are the End Times, sure enough, but the problem is we don't know how long the End Times actually are. They could take hundreds of years.