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General Discussion >> America >> The U.S. government is insolvent. http://www.ozpolitic.com/forum/YaBB.pl?num=1774662931 Message started by Sprintcyclist on Mar 28th, 2026 at 11:55am |
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Title: The U.S. government is insolvent. Post by Sprintcyclist on Mar 28th, 2026 at 11:55am trump will tell all that is good, the best insolvency the world has ever seen Quote:
https://finance.yahoo.com/economy/policy/articles/fiscal-catastrophe-us-treasury-just-182700432.html |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 12:14pm
While the USD is top dog currency, printing the crap out of it avoids insolvency.
BRICS+ are purposely working against the petrodollar, by circumventing. Trump's mob are working on stable coins to take up the slack. Thing is, all fiat currencies are derivatives of the USD. When the USD implodes, other currencies/economies like Australia goes down with her. Central banks stocking up with physical gold/ + other precious metals, is the best advertising on what everyone should be doing in preparation. |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 28th, 2026 at 1:20pm Ai_Took_Our_Jobs wrote on Mar 28th, 2026 at 12:14pm:
You mean the Russian non-petrodollar states, Iran, Brazil, Indonesia? ::) |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 1:40pm
ai :
As of early 2025, the expanded BRICS+ bloc (comprising 10 full members and 9 partner countries, including Vietnam, Nigeria, and Indonesia) represents approximately 54.6% to 55.61% of the world's population, with a combined total of roughly 4.45 billion people ... over half of humanity, while also capturing 42.2% to 44% of global GDP measured by purchasing power parity (PPP). |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 28th, 2026 at 2:37pm
Yes and all that oil. ;)
The Chinese want it to be in renmimbi, Russia in rubles. |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 2:48pm
Physical gold's the liquidity.
China alone holds possibly 25,000 tonnes of physical. |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 28th, 2026 at 3:21pm Ai_Took_Our_Jobs wrote on Mar 28th, 2026 at 2:48pm:
That must have the Chinese shitting themselves given the decline in gold prices. ::) |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 3:37pm
Are you meaning the minor correction, before the next step up ?
Screenshot_2026-03-28_at_4_05_21__8239_pm.png (48 KB | 5
) |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 28th, 2026 at 3:51pm
Is that the 5 year or 10 year spot price? ;)
30 days 60 days 6 months |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 4:03pm
What's your point ?
Golds higher than it was 6 months ago ... and is massively up on the 12 months/24 months/5 year time scales ? Whatever happened to Trump's promise to verify Fort Knox's pretend gold. He went there and it was empty? |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 28th, 2026 at 6:27pm Ai_Took_Our_Jobs wrote on Mar 28th, 2026 at 4:03pm:
And? Fortune tell it for me. ;) |
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Title: Re: The U.S. government is insolvent. Post by Bobby. on Mar 28th, 2026 at 6:43pm The U.S. government is NOT insolvent - as it can print as much money as it wants to repay people with paper. |
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Title: Re: The U.S. government is insolvent. Post by Jasin on Mar 28th, 2026 at 6:47pm Bobby. wrote on Mar 28th, 2026 at 6:43pm:
But at a cost of 10% interest. Something that Obama did and couldn't pay off |
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Title: Re: The U.S. government is insolvent. Post by Bobby. on Mar 28th, 2026 at 6:49pm Jasin wrote on Mar 28th, 2026 at 6:47pm:
Trump could just take over the Fed - print $38 trillion and pay everyone off. However it would cause massive inflation. |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 6:58pm
Sorry, Sprint, are you saying the Department Of Government Efficiency did absolutely nothing?
That's redeculous. Perhaps they should be going after Elon, eh? |
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Title: Re: The U.S. government is insolvent. Post by Frank on Mar 28th, 2026 at 7:04pm
America has been broke for decades.
But if you thought the bollocking of the Iranian mullahs now is a disaster (they shoulda bee throtled in 1979 but the Left was hot for them), what do you think would happen if the US dollar collapsed? |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 7:14pm Bobby. wrote on Mar 28th, 2026 at 6:49pm:
He just has, Bobby. He's just cancelled Jerome Powell and ordered Judge Jeanine to put him in jail. He's now demanding the Fed lower interest rates - right in the middle of the biggest oil shock and inflation crisis we've ever seen before. He said they'd be crazy not to do it. If they don't, he said he might have to fire them and do the job himself. In tough times like this, you need a successful businessman like the Don to call the shots, no? He's taken tax policy over from Congress. He's threatened the Supreme Court for trying to step in on his tariffs. He's refusing to take his foreign invasions to Congress and the Senate. And he's trying to pass voting legislation to take election reform off the states. He aced his dementia test three times. His doctors have never seen anything like it. I do feel we're dealing with a stable genius, Bobby. You? |
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Title: Re: The U.S. government is insolvent. Post by Bobby. on Mar 28th, 2026 at 7:16pm Big Donger wrote on Mar 28th, 2026 at 7:14pm:
Yep - he is copying Zimbabwe: Buy a loaf of bread. |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 7:22pm Frank wrote on Mar 28th, 2026 at 7:04pm:
Yes, but in 2016, he said he was going to pay off the deficit in his first year in office, dear. Things got the better of him, so in 2025, after the 2020 election was stolen from him, he finally addressed the problem. He put the world's richest man in to cut government waste and mismanagement, fight corruption and incompetence and fix the budget emergency. They're back to being friends again, old boy. Have a nice day, DJT! |
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Title: Re: The U.S. government is insolvent. Post by Jasin on Mar 28th, 2026 at 7:24pm
Is Bobby playing with a paki big donger? :-/
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 7:24pm Bobby. wrote on Mar 28th, 2026 at 7:16pm:
That's pretty stable, Bobby. It's starting to become clear that this year really will be the big one. In two months, we'll be in recession. How do you suggest we get out of it? |
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Title: Re: The U.S. government is insolvent. Post by Bobby. on Mar 28th, 2026 at 7:27pm Jasin wrote on Mar 28th, 2026 at 7:24pm:
I will convert him to Christianity and he'll change his decadent ways. |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 7:28pm Jasin wrote on Mar 28th, 2026 at 7:24pm:
I'm an Aussie, JaSin. You haven't said where you're from, dear, but that's okay. Your DL is now up $6 bil. No matter what happens to the global economy from here on in, he'll do very well for himself. So I'm curious. How will your own financial situation pan out, do you think? |
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Title: Re: The U.S. government is insolvent. Post by Frank on Mar 28th, 2026 at 7:31pm Big Donger wrote on Mar 28th, 2026 at 7:28pm:
Aussie like Faruqi, Aussie like Payme.man. A 10 rupee Aussie. |
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Title: Re: Post by Big Donger on Mar 28th, 2026 at 8:08pm wrote on : No, dear, a sixth generation Aussie who grew here, schooled here, lived and dwelled and fully enculturated here. I'm as assimilated as any Anglo-Celtic descended chappie can be down in Terra Australis, but do you know? I am the land. I am our history. I am our culture. I pay our respects to enders past, present and emerging. You're just a hideous old Nazi blow-in. |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 8:09pm Frank wrote on Mar 28th, 2026 at 7:31pm:
No, dear, a sixth generation Aussie who grew here, schooled here, lived and dwelled and fully enculturated here. I'm as assimilated as any Anglo-Celtic descended chappie can be down in Terra Australis, but do you know? I am the land. I am our history. I am our culture. I pay our respects to enders past, present and emerging. You're just a hideous old Nazi blow-in. |
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Title: Re: The U.S. government is insolvent. Post by Frank on Mar 28th, 2026 at 8:53pm Big Donger wrote on Mar 28th, 2026 at 8:09pm:
Bollocks. Everyone knows you are a paki. 10 rupee gimme. |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 28th, 2026 at 9:14pm Frank wrote on Mar 28th, 2026 at 8:53pm:
If one was a Paki, dear boy, we would still be more Western, civilised, cultured, cunning and superior in every way. The very fact that you persist with such proposals proves this. You despise your very own culture. You despise the very country that welcomed you in. You despise our own values, generosity and goodwill. One day you will learn this. By then, it may be too late. Inferior culture, innit. |
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 28th, 2026 at 9:23pm Bobby. wrote on Mar 28th, 2026 at 7:27pm:
Are there any rewards for conning new members into your cult ? |
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Title: Re: The U.S. government is insolvent. Post by SadKangaroo on Mar 28th, 2026 at 9:31pm
So...
Trump bankrupted the US..? Hahahahahahaha Hahahahahahahahahahahahahaha |
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Title: Re: The U.S. government is insolvent. Post by Jasin on Mar 28th, 2026 at 10:45pm
It's been trillions 💸💵💸💵💸 in debt long before Trump. ;D
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 29th, 2026 at 6:36am
The U.S. national debt increased by $7.8 trillion during Donald Trump’s first term (2017–2021), rising from $19.95 trillion to $27.75 trillion,
As of March 2026, the total national debt exceeded $39 trillion, with about $2.8 trillion added since the start of Trump’s second term. $10.6 trillion is Trump debt. Over a quarter of US debt is Trump's fault. |
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Title: Re: The U.S. government is insolvent. Post by aquascoot on Mar 29th, 2026 at 6:58am Ai_Took_Our_Jobs wrote on Mar 29th, 2026 at 6:36am:
Probably true. But the chodes all put their hand out for a hand out. No one practices personal responsibility any more. Here in Australia we have programs costing over 200 billion for aged care. Child care and disability care because people will not take responsibility for their parents children or disabled relatives. Like spoilt brats they view this as governments responsibility. China is different. Despite being so called communist, you and your village take personal responsibility for these things. Result....prosperity. The west has too many leaners. Too many takers, too many people who seem to think they have the right to remain perpetual infants. Cradle to grave infants. Always wanting to suck off Washington's or Canberra's titties |
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Title: Re: The U.S. government is insolvent. Post by SadKangaroo on Mar 29th, 2026 at 7:36am aquascoot wrote on Mar 29th, 2026 at 6:58am:
It IS true, and you should have ended your post there instead of trying to deflect to a safe space, trying to make yourself feel better. |
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Title: Re: The U.S. government is insolvent. Post by chimera on Mar 29th, 2026 at 8:08am
'Donald Trump's companies filed for Chapter 11 business bankruptcy protection six times between 1991 and 2009.'
These were great deals and proved his outstanding incompetence and preferred choice for election. |
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Title: Re: The U.S. government is insolvent. Post by Biggest donger on Mar 29th, 2026 at 9:08am aquascoot wrote on Mar 29th, 2026 at 6:58am:
OK lets do the maths then. Trump ended his first term with $27.75 trillion debt. The debt is now $39trillion which $2.8 trillion is from Trump Where did the other $8.5 trillion come from? |
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Title: Re: The U.S. government is insolvent. Post by Bobby. on Mar 29th, 2026 at 9:11am
Trump is copying Zimbabwe - it's called hyperinflation:
Buy a loaf of bread. |
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Title: Re: The U.S. government is insolvent. Post by scope on Mar 29th, 2026 at 9:41am Biggest donger wrote on Mar 29th, 2026 at 9:08am:
It came from Biden of course this was your point in asking that question. However, the question will turn around and bite you, so your attempt at a gotcha moment just failed,why did it fail? One reason, what did Biden achieve with his increased debt. Lets compare one area , manufacturing jobs under Biden. Manufacturing jobs saw a strong post-COVID recovery under President Biden, with nearly 800,000 added during his term, although about 589,000 of these were recovered from the initial pandemic losses. So Biden increased these jobs by over 200,000, yes debt also increased ,but isnt that the job of a government, to increase opportunities for the people? Now compare trumps failure in his first year using those same manufacturing job numbers. Trump has lost almost 100,000 manufacturing jobs in 1 year whilst adding nearly 3 trillion in debt. 100,000 jobs lost leroy,increasing debt with nothing to show for it except another war. I told you that question would turn around and bite you. |
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Title: Re: Post by Biggest donger on Mar 29th, 2026 at 10:30am
Don't just rely on democrat PR for your information.
Quote:
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Title: Re: Re: Post by scope on Mar 29th, 2026 at 11:01am Biggest donger wrote on Mar 29th, 2026 at 10:30am:
So let me get this right, you want to claim that those numbers I gave you are democrat numbers? Whilst at the same time ignoring the job losses under trump. Which if your claims are correct,show that trump in 1 year has undone all the good Biden did by losing those 100,000 manufacturing jobs Biden created. Really leroy,is that all you have? Trump loses jobs ,and you try to tell us all that trump is a good president, no wonder the world is laughing at trump supporters ;D |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 29th, 2026 at 12:26pm
Wow. Government debt and no mention of COVID as a precursor. ;D ;D ;D ;D
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Title: Re: The U.S. government is insolvent. Post by Ai_Took_Our_Jobs on Mar 29th, 2026 at 12:36pm lee wrote on Mar 29th, 2026 at 12:26pm:
Did covid cause Trump to attack Iran. This term's looking like a bigger Trump spend on his previous record amount. |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 29th, 2026 at 12:57pm Ai_Took_Our_Jobs wrote on Mar 29th, 2026 at 12:36pm:
The post I commented on had nothing to do with Iran. It was gov't debt to 2021. Do try to keep up. ::) |
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Title: Re: The U.S. government is insolvent. Post by Jasin on Mar 29th, 2026 at 1:04pm
The Left, Media and Democrats are just running on Conspiracy theories now.
::) |
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Title: Re: Re: Post by Big Donger on Mar 29th, 2026 at 1:16pm scope wrote on Mar 29th, 2026 at 11:01am:
But of course. Biden had the Jobs and Infrastructure Act, the CHIPS Act and an entire long-term strategy for restoring manufacturing, rolling out broadband and putting the US at the centre of the AI revolution. It was working. Silicon Valley boomed with microprocessor production - the biggest manufacturing jobs growth since the 1990s. Then, DL came along and made Congress scrap the legislation. Worse, he signed off on Big Tech selling chips to China, undermining the whole push for US data security. Then, the tariffs, a series of blunders, catastrophies and half-baked ideas with no guiding mission or purpose. White House "policy" statements read like a list of grievances - woke, trans, corruption and incompetence, waste and mismanagement. Apart from the big, beautiful tax cuts for the rich, there has been no legislation. The courts have cancelled almost everything, most notably the tariffs. All of it has cost the US, adding 1.4 tril to the deficit. The invasion of Iran has cost hundreds of billions, and DL recently hit Congress up for another $200 bil more. So yes, Scope, Bigger Donger and his ilk have no idea what they're talking about. The proof is there for everybody to see. |
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Title: Re: The U.S. government is insolvent. Post by Jasin on Mar 29th, 2026 at 1:19pm
He's got a bigger donger than your little fudger Karnal. ;D
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 29th, 2026 at 1:26pm Jasin wrote on Mar 29th, 2026 at 1:19pm:
I believe you're Asian, is this right? You people use the stalls. Not that there's anything wrong with this, JaSin, it's just who you are. Leroy says he has a bigger Donger. We've been to the urinals, so we know. Out of modesty, we'd prefer not to say. We're British. |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 29th, 2026 at 1:37pm Big Donger wrote on Mar 29th, 2026 at 1:26pm:
That's what happens when you confuse centimetres with inches. Like Guterres and the boiling oceans with temperature. ;) |
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Title: Re: The U.S. government is insolvent. Post by Big Donger on Mar 29th, 2026 at 1:42pm lee wrote on Mar 29th, 2026 at 1:37pm:
Who uses a ruler at the urinal? Oh. One forgot who we were addressing, Lee. Carry on. |
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Title: Re: The U.S. government is insolvent. Post by lee on Mar 29th, 2026 at 2:49pm Big Donger wrote on Mar 29th, 2026 at 1:42pm:
You. ;) |
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