Alliedassault           
FAQ Calendar
Go Back   Alliedassault > Lounge > Offtopic
Reload this Page U.S. to raise terror threat level for Washington
Offtopic Any topics not related to the games we cover. Doesn't mean this is a Spam-fest. Profanity is allowed, enter at your own risk.

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old
  (#20)
KTOG is Offline
Captain
 
KTOG's Avatar
 
Posts: 5,824
Join Date: Mar 2002
Location: Robertplantsville
   
Default 08-03-2004, 09:28 PM

Ok, time for Uncle KTOG to chime in with his economic policies and crap. Some might say "We might be in debt, but i don't really notice a change"

The national debt can be called a hidden killer. Lets say you have a friend (lets name him America) that bought a car (war in iraq). This car just sent him over his credit limit and is now in bad debt (national debt). There is no way for him get money for this unless he bums it from his friends (taxes or inflation). He has a job that brings in money (business and public funding) but there is obviously no way of him increasing these. He either has the choice of getting a loan (borrow money increasing national interest rates), bum it from his friends and pay it back later interest free (increase taxes, no interest and pay back through tax refunds), or do nothing and let the credit build up and eventually through him into bankruptcy (national ruin due to increased interest rates, increase money supply, and loss of foreign trade).

So why is this not a problem?

the shades are on cool:
  
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



Powered by vBulletin® Version 3.8.12 by ScriptzBin
Copyright ©2000 - 2025, vBulletin Solutions Inc.
vBulletin Skin developed by: vBStyles.com
© 1998 - 2007 by Rudedog Productions | All trademarks used are properties of their respective owners. All rights reserved.