Comments on: Debt Problem: Who In The World Is Going To Buy The Billions Of Dollars Of Debt The U.S. Government Is Constantly Pumping Out Now? http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now Are You Prepared For The Coming Economic Collapse And The Next Great Depression? Sat, 11 Jul 2015 21:15:00 +0000 hourly 1 By: JW http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-257778 Tue, 22 Jan 2013 23:23:00 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-257778 If the Fed is buying the debt and paying the Treasury in Federal Reserve Notes then who cares? New money will always be available to pay off the old debt and the interest as well. Just think of it as direct issue and spending of the currency. Of course someone is getting juiced above all that when you think of the interest but that is a detail.

Politicians can also make hay out of complaining about how it is sending the U.S. to the poor house. It all makes for good theater.

Why can’t this go on forever? Tell me! I think the burden of proof is on those who think it must terminate. Even if you don’t believe it lets here the argument for why it can go on forever.

]]> By: W Cotter http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-93520 Sat, 24 Dec 2011 00:43:31 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-93520 Get Real people we really owe 160 TRILLION Dollars in unfunded liabilities booth parties are out to ruin America. check out http://www.usdebtclock.org and governmentgonewild.org WAKE UP before it is to late.

]]> By: GG http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-51713 Fri, 27 May 2011 15:31:54 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-51713 What the hell is going on here eh?

]]> By: Dragon http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-49422 Wed, 04 May 2011 16:46:12 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-49422 Get rid of the Fed and adopt the FairTax.

]]> By: Anarchy! http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-48086 Thu, 21 Apr 2011 17:53:13 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-48086 Anarchy will come you will see, once the people are tired of their government fudging up, once prices of oil have climbed to the point that only Brittany spears can fill up her 12 mpg Suv and the poor are left to weep while they cant go to work with out having to spend half of their pay check. Civilizations rise and fall, and like Rome shall we fall. and the rise will be local

]]> By: James C http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-48061 Thu, 21 Apr 2011 14:27:23 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-48061 Can you elaborate as to some of the things that would end this ponzi scheme? The Fed continues to have the power to print money. The US military continues to have the strength to force the US dollars upon other countries. This is a serious question because I am trying to understand timing.

]]> By: Shakyboo Lacy http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-47952 Wed, 20 Apr 2011 14:49:57 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-47952 I think that the democrats will help change the debt level to go down.

]]> By: Visitor http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-47864 Mon, 18 Apr 2011 06:04:21 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-47864 Quote from article:

“Japan currently holds about $882 billion in U.S. Treasury bonds and they are likely going to have to liquidate much of that in order to fund the rebuilding of their nation.”

Nonsense! It is highly unlikely that Japan will have to liquidate much of their holdings in U.S. Treasury debt. The total cost of the earthquake is estimated to be between $200 to $300 billion dollars. The majority of this will not even have to come from liquidating U.S. debt holdings. Japan has other ways to pay for most of the cost without having to dump it’s Treasury holdings which would even cause more problems for Japan. The bond market is not worried about it and for good reason. The amount needed would only be small, relatively speaking.

]]> By: Dan D http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-46329 Fri, 01 Apr 2011 04:16:58 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-46329 Please, look at the world. What we have done, and not done.
Just declare:
We owe no-one, and declare all debts due and owed null and void.
We start a new day on equal footing.
Now lets see if others can compete.
Example is China. The prosperity of that nation is linked to opening trade with us, the USA. We, the people of the United States, and not the Chinese government, have been the major player in increasing the wealth of the people of China.
That which they claim is owed by us (US), is nothing but the cost of welcoming them to the wealth, that they are now enjoying.
Our current debt, or so they claim, is the price for their gains.
eh?

]]> By: kenezen http://theeconomiccollapseblog.com/archives/debt-problem-who-in-the-world-is-going-to-buy-the-billions-of-dollars-of-debt-the-u-s-government-is-constantly-pumping-out-now#comment-41643 Thu, 24 Mar 2011 15:58:07 +0000 http://theeconomiccollapseblog.com/?p=1983#comment-41643 The article is very accurate in depicting the “Monetization” process ongoing by the Federal Reserve and the country’s condition. We are testing the Keynesian theories of Fiat Currency to an extreme. The right way to fix this problem at this stage may well be the following. Get federal Spending and State spending in Government vastly reduced. We have seen that neither party has accomplished this to date.

The way to truly begin this process is to freeze hiring at the Federal level of Government for ten years.

Require all State and Federal Government Pensions to fix their shortfalls without any tax payer assistance by reducing future benefits and increasing age allowances for beginning retirement. This would be matched by Social Security modifications.

The Federal Government has grown since 1910 6500% in size and costs. population has grown a mere 300%. Compare the served to the servers.

Also,It is time to either control the Financial Institutions of have another crash. A Glass Steagall Act, only more stringent, about not allowing any trading Institution or security issuing Corporation to own, manage or control in any way “Bank” licenses or the operations therein.

(CDS),Consumer default swaps, must have a formal public exchange with initial margin and daily marked to market and cash payments daily immediately put into place.

Derivatives can only be “Tranched” once. Never be a part of any re-thanching.

These steps will assist our country to grow if possible at this stage of devolution.

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