President Joe Biden - Kamala Harris Administration

[allvol123]

This looks like the most likely outcome with each passing bill.

Default will suck bigly. And since we are in bed with so many countries via trade and politics, I suppose the entire world will suffer. Question is, what does America's government look like on the other side of the event?

This. This is what I am meaning by there is an ultimate payment.

 

[allvol123]

This looks like the most likely outcome with each passing bill.

Default will suck bigly. And since we are in bed with so many countries via trade and politics, I suppose the entire world will suffer. Question is, what does America's government look like on the other side of the event?

Question though, how do you default when you are just making it up as you go?

 

[NorthDallas40]

This looks like the most likely outcome with each passing bill.

Default will suck bigly. And since we are in bed with so many countries via trade and politics, I suppose the entire world will suffer. Question is, what does America's government look like on the other side of the event?

Unknown territory. I don’t think you can just point to Argentina or somewhere like that. The basis for the world currency defaults? Hell it could cause a world war

 

[NorthDallas40]

This. This is what I am meaning by there is an ultimate payment.

Fair enough.

 

[OL SMOKEY]

Joe claiming victory for creating jobs coming in 3, 2, 1...

Then we will get a post from good ol @evillawyer telling us how Joe is crushing it. Mark it down!

 

[zeppelin128]

No, I just don't recall you ever saying anything

Well, I would call it out. Just never came up. If this is about that red head with the head, yeah I would have called her out.

 

[Godfatha]

I went fishing up in Anderson County a few days ago and saw one. That was the second time in my life seeing a Bald Eagle in the wild.

I’ve seen them on Melton Hill a few times.

 

[evillawyer]

Then we will get a post from good ol @evillawyer telling us how Joe is crushing it. Mark it down!

Oh it's coming.

 

[hog88]

This looks like the most likely outcome with each passing bill.

Default will suck bigly. And since we are in bed with so many countries via trade and politics, I suppose the entire world will suffer. Question is, what does America's government look like on the other side of the event?

A one party totalitarian monolith. When we default it will be chaos and then big brother will step in and take control.

 

[PEPPERJAX]

I’ve seen them on Melton Hill a few times.

In Lenoir City right? Big striped bass at MH.

 

[NorthDallas40]

Oh it's coming.

Oh we already know it.

 

[hog88]

Question though, how do you default when you are just making it up as you go?

You stop paying your bills and considering the fact US Citizens hold the majority of our debt it crashes the economy.

 

[McDad]

A one party totalitarian monolith. When we default it will be chaos and then big brother will step in and take control.

Naturally, I suspect the same outcome.

 

[NorthDallas40]

A one party totalitarian monolith. When we default it will be chaos and then big brother will step in and take control.

Big brother will be named China. The other cuck western nations of the world will look to whomever promises stability. All of Europe, Canada, Brazil, Australia. Japan and Russia are wild cards. I don’t see Japan bowing to China that could be the catalyst for war. Russia will cut a side deal.

 

[zeppelin128]

He will if someone says something derogatory about 'lil Pete.

 

[allvol123]

You stop paying your bills and considering the fact US Citizens hold the majority of our debt it crashes the economy.

Who stops paying?

 

[hog88]

Naturally, I suspect the same outcome.

I know I've mentioned it before but the book "The Mandables" is pretty spot on to what we are seeing and what will happen.

 

[hog88]

Who stops paying?

The .gov.

 

[allvol123]

The .gov.

So they keep spending trillions we dont have. What causes them to stop paying? Seems like they can just keep making it up. Not being a smartass, just asking.

 

[Boca Vol]

Nobody will wind up paying for it. There isn’t enough revenue increase to offset the expenditures. It’s just more debt.

You don't think prices will go up?

 

[hog88]

So they keep spending trillions we dont have. What causes them to stop paying? Seems like they can just keep making it up. Not being a smartass, just asking.

When the rest of the world stops trading oil in dollars and using the dollar as reserve currency we are ****ed. The dollar will be worthless.

 

[UT_VOLS13]

Biden expected to allow Trump-era guest worker pause to expire

 

[allvol123]

When the rest of the world stops trading oil in dollars and using the dollar as reserve currency we are ****ed. The dollar will be worthless.

Ok. I know the damage this it is creating, just not brushed up enough on my economics to describe the whens and hows.

 

[UT_VOLS13]

Christian minister sues Pelosi, Harris for access to Capitol grounds for Good Friday

 

[hog88]

Ok. I know the damage this it is creating, just not brushed up enough on my economics to describe the whens and hows.

One of the reasons we are the worlds police force is to keep the oil trading in dollars.