What's new

US foreign debt as of now: $28,109,151,496,202

dBSPL

SENIOR MEMBER
Joined
Mar 2, 2018
Messages
7,661
Reaction score
28
Country
Turkey
Location
Turkey
FGANVXmVcAI9S34


US foreign debt as of now: $28,109,151,496,202
-
Revenues are $23 Trillion
Current account deficit 5 Trillion 109 Billion $
2.5 Trillion dollars are newly minting.
US Inflation 6.3%, Interest 0.25%.

Is the USA sinking?
Or the world pay the price for it?
 
.
FGANVXmVcAI9S34


US foreign debt as of now: $28,109,151,496,202
-
Revenues are $23 Trillion
Current account deficit 5 Trillion 109 Billion $
2.5 Trillion dollars are newly minting.
US Inflation 6.3%, Interest 0.25%.

Is the USA sinking?
Or the world pay the price for it?

US would sink when any country could trade in a currency other than US Dollars. Several Islamic countries held a meeting and decided to trade using Dinar but all the leaders included in that meeting were killed for one reason or another. USA uses its military might to maintain dollar as the most powerful currency in the world. If they also had to earn dollars instead of printing it, they would have collapsed very very long ago. The thing is the rest of the world has to earn dollars whereas US has to just print them to fulfil its CA deficit and settle balance of payment. This is the biggest thing no one from western media talks about. US is able to bomb others, invade, kill, get the best weaponry because it is paying trillions of (unearned) Dollars to its military complex.

Why Erdogan is having troubles with economy all of sudden? Because he is an independent Muslim leader who wants to unite Muslim world. And thats a threat for US. Same goes for Imran Khan and Pakistan and Pakistani Army. All propaganda machinery and international financial systems have been working against us.
 
.
US would sink when any country could trade in a currency other than US Dollars. Several Islamic countries held a meeting and decided to trade using Dinar but all the leaders included in that meeting were killed for one reason or another. USA uses its military might to maintain dollar as the most powerful currency in the world. If they also had to earn dollars instead of printing it, they would have collapsed very very long ago. The thing is the rest of the world has to earn dollars whereas US has to just print them to fulfil its CA deficit and settle balance of payment. This is the biggest thing no one from western media talks about. US is able to bomb others, invade, kill, get the best weaponry because it is paying trillions of (unearned) Dollars to its military complex.

Why Erdogan is having troubles with economy all of sudden? Because he is an independent Muslim leader who wants to unite Muslim world. And thats a threat for US. Same goes for Imran Khan and Pakistan and Pakistani Army. All propaganda machinery and international financial systems have been working against us.


yep very true you explain very well better than i do. basically that wat british colonislism was about make us into complient slaves who think we are progressing imitating but British are laughing at us by giving paper currency to us to use which ours has no value but theirs doesn't either but we think it has more value because the mind programing. This why i want barter and gold dinar currency, of course usa will attack those but we can do it on a sly small scale slow;y ramp it up as usa goes down in power.
 
.
yep very true you explain very well better than i do. basically that wat british colonislism was about make us into complient slaves who think we are progressing imitating but British are laughing at us by giving paper currency to us to use which ours has no value but theirs doesn't either but we think it has more value because the mind programing. This why i want barter and gold dinar currency, of course usa will attack those but we can do it on a sly small scale slow;y ramp it up as usa goes down in power.

All the problem with China and propaganda against China is for the same reason. China would build Belt & road initiative / CPEC that would connect many countries. That connection would promote high volume of local trade. That trade can be done with barter system or Chinese currency. Dollar would loose a lot of its worth and China and Chinese industry would get more orders, it will boom. Thats what USA hates. BRI initiative has potential to connect almost 50% of world's countries. But USA is hell bent to vilify China. Their media machinery has 24/7 focus on China. Now strength with China is its economy and its rare minerals and the fact that they make a high % of semi conductor chips used in all other industries of the world! If China stops supplying chips, 1000s of mega electronic brands will shut down! Plus Chinese army is somewhat strong and their diplomacy is good. Otherwise US would have spent no time destroying China! Promote extremism there too. Good thing China has control over media. Otherwise USA loves to intervene using media, NGOs and political meddling. But unfortunately China is unique and is not stuck with non functional democracies. Chinese people have high out put.
 
.
This is the biggest thing no one from western media talks about
Spot on! Perhaps western media doesn't want to show their net debtor position in stark contrast to other creditor economies, or how they dwarf fellow debtor nations.

1.png
 
Last edited:
.
All the problem with China and propaganda against China is for the same reason. China would build Belt & road initiative / CPEC that would connect many countries. That connection would promote high volume of local trade. That trade can be done with barter system or Chinese currency. Dollar would loose a lot of its worth and China and Chinese industry would get more orders, it will boom. Thats what USA hates. BRI initiative has potential to connect almost 50% of world's countries. But USA is hell bent to vilify China. Their media machinery has 24/7 focus on China. Now strength with China is its economy and its rare minerals and the fact that they make a high % of semi conductor chips used in all other industries of the world! If China stops supplying chips, 1000s of mega electronic brands will shut down! Plus Chinese army is somewhat strong and their diplomacy is good. Otherwise US would have spent no time destroying China! Promote extremism there too. Good thing China has control over media. Otherwise USA loves to intervene using media, NGOs and political meddling. But unfortunately China is unique and is not stuck with non functional democracies. Chinese people have high out put.

however i have comr across another conspiracy relating to the belt n road basically all roads will lead to jerusalem, israel.
youtuber brendon o cconnel says this.
 
. .
Turkish posters always seem the most delusional.

Erdogan doing helicopter money for years and years and is shocked when his currency goes into nearly hyperinflation.

Your nice negative bar in your chart means in reality that people have zero faith in European or Japanese growth and are thus flocking to the U.S. for growth.

This is heightened due to China locking down investment into their companies, making the U.S. pretty much the only choice for investments for now into the near future, especially with the relative monetary tightening in the U.S. on the horizon.

Everyone here will apparently be shocked when the USD jumps in relative value massively when tapering starts.
 
.
Whataboutism or whataboutery (as in "what about…?") is a variant of the tu quoque logical fallacy, which attempts to discredit an opponent's position by charging hypocrisy without directly refuting or disproving the argument.
 
.
Whataboutism or whataboutery (as in "what about…?") is a variant of the tu quoque logical fallacy, which attempts to discredit an opponent's position by charging hypocrisy without directly refuting or disproving the argument.
Check back in June when the USD will "miraculously" go up in value possibly causing global recession.
 
.
Just quoting the inconsistent statements of the US Treasury Secretary Janet Yellen in a year seems to have triggered 'Communism'. However, I haven't even expressed my own views on the subject yet. But first, let's share some more figures.

US inflation surges to 39-year high of 6.8%;



According to figures released by the US Bureau of Statistics: In the last 1 year,
Gasoline prices are up 57.5%
Domestic natural gas prices are up 25.1%
Used vehicle prices are up31.4%
Beef prices are up 20.9% ,
Food prices are up 6.4%
Energy prices are up 33.3%
Gas Utilities: +25.1%
Meats/Fish/Eggs: +12.8%
New Cars: +11.1%
Overall CPI: +6.8%
Electricity: +6.5%
Food at home: +6.4%
Food away from home: +5.8%
Apparel: +5%
Transportation: +3.9%
Shelter: +3.8%
hotel rates leaped 22.2%
furniture and bedding +11.8%,
5% for both appliances and clothing.

Fed's bond-buying program could ends sooner than expected, potentially leading to a faster-than-expected interest rate hike. So, how will sudden increases in interest rates affect industrial investments?
 
Last edited:
.
As I have had to repeat many many times here already.

Not directly due to money printing.

It was due to helicopter money.

QE before covid was generally directed at investments.

Helicopter money during covid was directly intended to be consumption.

Helicopter money has already mostly ended in the U.S. in september, which is why you had the hilarious drop in a bunch of commodity prices in october.

The bigger problem currently is the enormous increase in effective minimum wage in the U.S.

It went from 7-9 USD per hour to currently about 14-20+ USD per hour.

That is the biggest concern for near to medium term inflation.

People need to get through their heads that consumer price inflation and the worth of the USD are two connected, but separate issues.

It is totally possible for the USD to skyrocket in value while consumer price inflation goes up.

I'll give you an example.

If the Fed reduced QE to 1/4 of the current rate, and had 1/4 of the current rate of QE go into helicopter money, the Dollar would skyrocket, and consumer price inflation would go up.
 
Last edited:
.
At some point this will become impossible to sustain and there is legitimate fears of default down the line
 
. .
At some point this will become impossible to sustain and there is legitimate fears of default down the line

Could the US government be manipulating the figures? When you look at the general public, middle-class Americans seriously feel inflation. Toilet paper economy has become a phenomenon in social media. Many of the world's economies have been accustomed to living with this inflation for decades. The question is, will Americans be able to get used to it?

Ekran Alıntısı.PNG


An interesting breaking news: Former president Donald Trump announced that he would go to the Bureau's building, after the US Bureau of Statistics did not give an appointment. Trump said, “How to explain consumer inflation as 6.8% while gasoline increased 58.1% in the USA”.
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom