You're going DOWN now, America!

Everybody's talking about a "recession" and that "raising the debt ceiling" will save America. That's BULLSHIT.
A recession is basically harsh times. This, on the other hand, is America having spendt so INCREDIBLY PARIS HILTON much money on attacking random countries, that they have used up BOTH all the money they had AND all the money they could EVER borrow.
There ain't no recovering from this one. What makes a "developing nation" is basically so huge loans to the industrial nations that they're just paying interest. When the basically imaginary "debt ceiling" is raised, Americas spending will NOT stop there, because they STILL have their occupations to fund, and they STILL have a new CONSTITUTIONAL wellfare system to support that only Bush could have thought was economically sound.
You're going DOWN, America, and you're gonna STAY down!
FUCK YEAH!
A couple of years from now I'm gonna have myself an imported american slave to suck my dick and torture, and every time she gets nosey, I'll remind her that she fucking voted for Bush.

This, on the other hand, is America having spendt so INCREDIBLY PARIS HILTON much money on attacking random countries, that they have used up BOTH all the money they had AND all the money they could EVER borrow.
America has used up all the money it could ever borrow? What fucking planet are you from?

>>2
That's why it's called a debt CEILING. Throughout history the US has been borrowing money from China, together with Japan, the United Kingdom and Brazil. This was made under the guise that the US would at MOST borrow a set number of trillion dollars. With the US now having raised its own limit for how much it can borrow, wanting even MORE money, it has passed its roles as a lender, and entered its role as a leech, as it comes into question whether or not the US will ever pay back what it has borrowed, and if it can ever be trusted with money and investments. After this limit has been passed, the US is therefore at the MERCY of China and its buddies, who could basically say "Hey US, this is Japan. We want to buy Hawaii from you, with your debt. We want to plant a big fat bronze middle finger in the middle of Pearl Harbor. Also, California is looking pretty good too.".

If the US goes down, it will cause shockwaves throughout the world economy.

Maybe they'll sell my state, Minnesota, to Canada, first.

Then you can enjoy what it's like to not have a Bill of Rights. The PC police can literally take your ass to court over your opinions.

>>4
>fellow minnefag
>imokwiththis

Imagine a world where CHINA has become the only dominant superpower... ...although I doubt China can sustain its overpopulation for much longer.

>>3
It's not just China, Japan and the UK. http://www.treas.gov/tic/mfh.txt

>>6

Nice. Imagine if the Upper Midwest seceded. I think we could do better without, say, the South.

>>8
They're the countries who has first dibs (as they have lent out the most).

>>6
>>4

Canada will treat you guys good, don't worry. We got our asses working to save ourselves when the USA goes down.

Official List of counries with higher credit ratings than North Mexico
UK
France
Germany
Netherlands
Sweden
Norway
Denmark
Luxemburg
Switzerland
Finland
Australia
Austria
Canada

nigger president = bad idea

Recall Obama... gather enough signatures to force a recall election

>>7
China doesn't have overpopulation. It's been on the news recently, China apparently doesn't have enough young people to do the labour they're so good at (Nike shoes, tv's, etc). So it is possible that their economy will fall due to population ageing.

>>15
"noko"
disregard that I suck cocks, I forgot how to textboards...

>>15
Total World population: 6,935,700,000 (by August 6, 2011)
China's population: 1,339,724,852 (by November 1, 2010) (19.32% of the world's population)
India's population: 1,210,193,422 (by March 1, 2011) (17.45% of the world's population)
United States' population: 311,907,000 (4.5% of the world's population)

China has FOUR TIMES the population of the US, and China is somewhat SMALLER than the US. A steady stream of chinese immigrants are pouring into Russia (and other countries) as we speak.

>>15
China's problem isn't even overpopulation,it's that a large portion of their GDP and "growth" is smoke and mirrors. Being an authoritarian regime, the Chinese leaders can just order their people to build something in the middle of nowhere regardless of demand and call it growth, when in reality the products hold little to no actual value. The second China is held accountable for it's practices, it's going to experience an economic collapse the likes of which the world has ever seen.

>>18
What part of "four times the population" is unclear to you?

The Chinese aren't a bunch of selfish assholes consuming 40 times what they need, so China's landmass can support a much larger population.

>>20
The chinese aren't ALLOWED to consume 40 times what they need because the government isn't feeding them that. It's still overpopulated.

>>20
I'd rather consume 40 times what I need and simply get poorer during a drought instead of have 40 times the population and have to watch people starve every time there is a drought.

You obviously don't know what overpopulation is.

I heard Obama said in his speech that no matter what institute lowers their rating, America is still a triple-A country.

That denial tactic was a hilariously stupid strategy, because we've seen Obama fight the congress from day one, and we know the budget cuts are very real, but I don't really get what's so AAA about America right now, and outright LYING about America going down, isn't exactly inspiring trust in whatever investors would still be doubting Americas collapse.

"There is no cause for alarm! No matter what some institute says, this boat is NOT sinking! Never mind my life vest!"
- Obama

>>24
Inb4 spend you way out of debt! Duuuurrrrr! HuRR!

It's "not spend your way out of debt", it's "spend your way out of recession", which works. Solving the debt problem is a different animal entirely.

Watching the US crumble is a BEAUTIFUL sight!
Yesterday the stockmarket actually rised somewhat and the fools and the optimists noticed that this would usually be a good time to buy stocks, but today they would realize that this was no ordinary plummet, but the beginning of the end of "the Great Satan", and my barbecued sausages are tasting GREAT, thank you! Soon the time will be ripe for an even BIGGER Satan to take the stage: China. Say "ching chong" to your new Lord and Master, world!

>>26
You Keynesian fucktard. You know nothing.

>>27
You do realize that if the USA falls, China goes with it. They heavily depend on each other. learn2globaleconomy

>You're going DOWN now, America!

Oh, you're so foolish. America is the first and the biggest economy in the whole world. And it can't go down. Whole world including my own Soviet Motheяland depends on the U.S. This is irrefutable, I suppose.

>>30
Then by your logic, the Roman empire is still a superpower.

>>30
Then by your logic, the British empire is still a superpower.

>>31
>>32

Prove that. Roman Empire was a superpower until the fifth century. British Empire was a real superpower for only a few ages.

>>30
Americas economy has during the latter years been depending on the world thinking EXACTLY "But America CAN'T go down! It just CAN'T! It is the only supporting pillar in the worlds economy!", and that thought alone.
No, America CAN go down. Just watch it! This is going to be BEAUTIFUL!
FUCK YOU AMERICAN WORLD!

but...
not all of us are dumb.
I don't agree with the way the government handles money. In fact, I don't think we should have ever switched to paper currency...
I think we should have kept all of our communities small in size and self-sufficient; instead of the mindless consumerism around me, which is not sustainable.
You fucking asshats. Our government's corrupt. SURPRISE

>>28
Right, which is why nearly every Western country that got itself out of the Great Depression used spending to do so. Hand waving about "Keynesianism" is not going to do you any favors. Plus, nobody in their right mind thinks Keynes' theory is infallible anyway.

>>34
Hell, I'm even an American, and I'm waiting with bated breath!
Bikes? check.
Garden? check.
Smart tough kid/ family? check.

Let it all come down!

This current clusterfuck regarding the debt crisis in the eurozone/us would be hilarious to watch except I'm in the eurozone.

Ah well, I'm Irish, I can just move to good aul Blighty, that bastion of stability and fiscal prudence, what they're rioting EVERYWHERE? ah shit, better start learning Chinese/Portugese...

Ok not a great plan either, ah screw this I'm off to Oz!

Debt I never ever pay back and have no intentionn of doing so = My money now, suckers!

>>38
I don't think it's as bad as people are making it out to be for the Eurozone at least. The UK has the Conservatives elected, and there were warnings that riots would happen if Cameron (and his party) got elected. And Greece is another issue entirely. The rest of the Eurozone seems to be doing fine.

>>36
You're more than welcome to spend your way out of this debt. God, humans are so bloody stupid. And to think I have to mate with your kind to get some kind of offspring.