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How much longer until inflation hits us square in the face? How much longer until China calls in their loans? I am REALLY being serious here. How much more spending by our government, both parties, can we as a nation sustain until the point it starts affecting business payrolls, etc, etc. Just asking because I really want to know. Thanks.

catamount man wrote:How much longer until inflation hits us square in the face? How much longer until China calls in their loans? I am REALLY being serious here. How much more spending by our government, both parties, can we as a nation sustain until the point it starts affecting business payrolls, etc, etc. Just asking because I really want to know. Thanks.

China can't call in their loans unless they want to collapse as well. We won't go bankrupt, but you could see things really (uh-oh, 70's reference) stagnate and get all malaise-like. Gotta do something over the next few years to reverse this. Neither party has seemed interested in realistic economics for some time now.

Five years max.

GannonFan wrote:

catamount man wrote:How much longer until inflation hits us square in the face? How much longer until China calls in their loans? I am REALLY being serious here. How much more spending by our government, both parties, can we as a nation sustain until the point it starts affecting business payrolls, etc, etc. Just asking because I really want to know. Thanks.

China can't call in their loans unless they want to collapse as well. We won't go bankrupt, but you could see things really (uh-oh, 70's reference) stagnate and get all malaise-like. Gotta do something over the next few years to reverse this. Neither party has seemed interested in realistic economics for some time now.

Not that they will ever do it, but if you shut down every military base around the world, brought every soldier home, how much money are we looking at saving that could be paid to the national deficit? Honestly, we rebuilt Germany and Japan over 60 years ago. WHY do we still have bases in both countries? SERIOUSLY? Thanks.

catamount man wrote:

GannonFan wrote:
China can't call in their loans unless they want to collapse as well. We won't go bankrupt, but you could see things really (uh-oh, 70's reference) stagnate and get all malaise-like. Gotta do something over the next few years to reverse this. Neither party has seemed interested in realistic economics for some time now.

Not that they will ever do it, but if you shut down every military base around the world, brought every soldier home, how much money are we looking at saving that could be paid to the national deficit? Honestly, we rebuilt Germany and Japan over 60 years ago. WHY do we still have bases in both countries? SERIOUSLY? Thanks.

It's not that simple....period.

We're already bankrupt. They just haven't filed the paperwork yet.

HI54UNI wrote:We're already bankrupt. They just haven't filed the paperwork yet.

+1

GannonFan wrote:...China can't call in their loans unless they want to collapse as well. We won't go bankrupt, but you could see things really (uh-oh, 70's reference) stagnate and get all malaise-like. Gotta do something over the next few years to reverse this. Neither party has seemed interested in realistic economics for some time now.

I am afraid that WWI and its aftermath may be a more appropriate historical example.

Chizzang wrote:

HI54UNI wrote:We're already bankrupt. They just haven't filed the paperwork yet.

+1

+2