Will America effectively "go broke"

[Flagg]

MSN Article
http://articles.moneycentral.msn.com...?ucpg=2#uc2Lst

National Debt Chart
http://www.federalbudget.com/

Do you guys think there is a very real chance of this happening and if it happens, what is to become of America and then the world? OR, will the rest of the World simply carry on loaning money? I mean sooner or later someone is going to say "you know **** it, let's take back what we can before they go completely under".

I mean surely you cant just keep printing more money off, borrowing more money...sooner or later the rest of the world is going to stop the lending.

[CHAP]

America is already broke
Actually were in debt
Were spending money that is barrowed from other countries

[Flagg]

Yes you're in debt but it's just being assumed that countries like China will continue to bail you out and one day they will start asking for some money back.

The Government tells you to BUY, BUY, BUY, spends your tax on stuff you dont need and when the shit hits the fan, expects the Tax Payer again to sort the problem out.

[CHAP]

I agree that we are screwed til someone in the goverment stops borrowing-before countries stop lending. So many people here are buying guns and ammo rt now its hard to find either . If we cant see this as a sign .............. Hell if I didnt have a family here Id move somewhere else

[MuscleScience]

I agree that we are screwed til someone in the goverment stops borrowing-before countries stop lending. So many people here are buying guns and ammo rt now its hard to find either . If we cant see this as a sign .............. Hell if I didnt have a family here Id move somewhere else

Yeah tell me about it, I cant get 9mm or .45 rounds to save my life. I have a .40 cal that I can get some rounds for but thats about it.

One day China is going to call in there note on the US and they will send the Chinese Army to repo our stuff to recoup their loses.

[CHAP]

^ I dont know where you are but is it like this throughout the whole US or just the south

[MuscleScience]

^ I dont know where you are but is it like this throughout the whole US or just the south

Midwest, I live in gun country....LOL

Hell it was even difficult to get shotgun rounds. I have never had a problem with that in the past. Luckily we started reloading towards the end of hunting season this year.

[Overhaulz]

America is already broke
Actually were in debt
Were spending money that is barrowed from other countries

This is far from the truth. We're not spending money from other countries. Do you know what the federal bank is, or how it works? If you do some research, that is how we get our money, and why we're in debt, and it's literally impossible to get out of debt with this system.

Federal banks = neverending debt.

[RA]

There is manageable and unmanageable debt. Obama is pushing us toward the latter.

This is far from the truth. We're not spending money from other countries. Do you know what the federal bank is, or how it works? If you do some research, that is how we get our money, and why we're in debt, and it's literally impossible to get out of debt with this system.

Federal banks = neverending debt.

[Kratos]

eventually we'll just default on all that debt...say the old bonds and such are no good and start over. Except the gvmt will have to cut itself in half overnight...major economic shit the bed situation. maybe 10 or 20 years off now though...enjoy the matrix

[SMCengineer]

^^we'll never default. We'll just monetize the debt.

[Kratos]

^^we'll never default. We'll just monetize the debt.

saying we'll just monetize the debt, is like the big black dude in the cell with you saying..."I'm just gonna fvck you up the ass."

I'd rather they default, then it will be harder for the new post chaper 11 gov from loaning money and creating this mess again.

One thing is for sure...we aren't paying it back at current dollar valuations. By the time Obama is done with his propsed budgets that's something like 2200 per year per tax payer just for the interest.

[SMCengineer]

^^Haha, I'm saying I agree with it, but we won't default.

[BJJ]

Do you guys think there is a very real chance of this happening and if it happens, what is to become of America and then the world?

America?
U.S.A. never really ruled the world.

England , since many centuries, detains the power while The United States of America just carry out. The Vatican supports all the decisions in accordance with The British.
Like it or not, this is the situation we are living in.

Future?
Nothing will really change, IMO.
Even because, studying the past historical facts, nothing really never changed.
So, The Republic of China (R.O.C.) will simply take the room occupied now by U.S.A.

That's it.

[TITANIUM]

Yeah tell me about it, I cant get 9mm or .45 rounds to save my life. I have a .40 cal that I can get some rounds for but thats about it.

One day China is going to call in there note on the US and they will send the Chinese Army to repo our stuff to recoup their loses.

I know where to get ammo bro.

Just PM me.

Best

T

[spywizard]

the shortage of ammo seems to be over here in minnesota.. we were very sort for months but supplies seem to be returning to normal..

[TITANIUM]

I know all the nooks and cranny's of the ammo and firearm industry as a whole.

If I can't find it, no body can.

Just trying to help out my fellow gun enthusiasts.

I think that this administration will go after the second amendment next.

Best

T

[MuscleScience]

I know all the nooks and cranny's of the ammo and firearm industry as a whole.

If I can't find it, no body can.

Just trying to help out my fellow gun enthusiasts.

I think that this administration will go after the second amendment next.

Best

T

Thanks man, I got stocked up a month or so ago. If I run short on 9mm rounds I will for sure look you up.