Friday, January 22, 2021

Debtstar Rising


Do you remember the debt? No, not your paltry burden, but the US debt, standing at a mighty, earth shattering and climbing 27 Trillion, at interest, and rising every second. It's a vast, almost unimaginable amount of money and, as with all debt, the people who lent it in the first place want their money repaid.

That's the nature of debt. Take out a loan to buy stuff, like votes, how very awesome, but you have to pay it back, it's part of the deal. Now, how do you pay back 27 trillion bucks and climbing?  You can inflate your way out of it and make your money worthless, or you can can blow off the debt, and make your money worthless.

What a conundrum, and I'm glad I'm just an inconsequential kebab vendor on the information superhighway as opposed to the kind of banker who feels forced to throw himself off a balcony at the age of 57 despite being a multi billionaire. But let's get down to brass tacks.

Note Optic

Our money's rotten and waiting to implode, it's a matter of time. When it does, and it will, who's going to pay the soldiers. Seriously, what's going to happen when the people under arms don't get a paycheck? No one's talking about that, and maybe they should.

But no, they're just sending soldiers off to sleep in carparks as they celebrate the political theater of a stolen election. That'll endear you to the soldiery you have to pay to protect you and who, notoriously, voted for you in the last election. Except that they didn't.

Your Pal,



SgtBob said...

All Guard soldiers deployed to DC right now might have a sense of being used and then tossed aside, or ignored. Except for Guard soldiers from Connecticut, Texas and Florida. Governors of those states saw the intolerable situation of their soldiers and issued orders, "Come home." I hope those soldiers are greeted by a grateful citizenry. You don't have to say anything. In fact it's better that you don't. Wherever your soldiers are landing, just be there.

LL said...

Stopping oil drilling on Federal land is a sure way to deal with the national debt donkey style.


Never mind the on-the-books debt. There is something like - depending on what number you believe - anywhere from 60 to over 100 TRILLION in unfunded liabilities. Now add in state, county, and city pension funds that Zhou Xiden will doubtless cover. And not "shovel ready" infrastructure but real needs like (per a piece by Peter Grant some time ago) a multi-trillion water infrastructure revamp. And, and, and.

There literally is not enough money to pay for things NOW.

Hyperinflation is coming, it's just a question of when. And then, collapse into chaos. Chaos that creates legions of desperate people - hungry, perhaps homeless, to whom the Left can then offer a "new way" of Socialism.

The Political Chic said...

What Happened to Beijing Biden’s “PLAN” to end the pandemic?
Now he’s say that “There’s nothing we can do to change the trajectory of the pandemic in the next several months”

So after months of being told President Trump isn’t handling this correctly Biden comes out and says there’s nothing we can do. How did this man con 80 million (if you believe that) people to vote for him???
The horrible truth is that HE NEVER HAD A “PLAN” if he did what didn’t he say so moths ago and save Thousands of lives?
Any one that drinks Xiden's KoolAde, is as Demented as he is.
The good news is thanks to President Trump’s being in office and bringing us the Vaccine so fast.

Gropin Joe Biden is clueless , he never has aplan to combat the pandemic and there never was any such “Plan”. I alway thought that he was full of crap. And that this was going to happen. I knew that on inauguration day you Kool-aide drinkers may wake up. And that you would suddenly start caring about Americans dying. Well we are siing that now. Lets all hope that those thousands National Guard troops that Biden PACKED in the Parking Garage, AND WITHOUT THE MASKS, that he was preaching about, and over one hundred of them tested positive for Corona will be alright.

Kid said...

First off, that pic of Biedn and the caption? That's what Dwayne 'the rock' Johnson said about Biden in some political infomercial from hell. Throw another celeb on the pile.

None of the current people involved with printing will be around when TSHTF. They'll have enjoyed the coke, hookers, and ice cream and be long gone.

Hey, can't we just raise taxes on the rich to pay down the debt?

Of course you know that the governors of New Hampshah and Florida has called back their NG troops based o the treatment they are receiving at the hands of the satanic democrats. Probably won't send em back either, not on their watch anyway. Seriously, troops in the parking garage? with 2 total bathrooms? I think they backed away form that but still.

When the SHTF? Venezuela of course, those at the top eat, all else don't.

LSP said...

Good call, Sgt.

LSP said...

I've been thinking that very thing, LL. It's good logic -- the less energy independent we are the more energy we have. Martinis all round!

LSP said...

N, I agree and yes, the debt's far higher and unsustainable than the outrageous 27 trillion. If your last para's true things will get right brutish real quick. Glad I live in the country.

LSP said...

Alright there, Political Chic.

Surely you're not suggesting Dem viral agitprop's some kind of faked up fraud? Watch in awe as the most deadly virus in the history of disease itself turns into the flu in the next three months.

I'm betting the monkey on it.

LSP said...

Kid, I was disgusted at the Dems and their quisling allies in the GOP used part time soldiers for political theater and then kicked them aside into a parking lot.

They might regret that if the theater turns real. Good Lord, the Left's scared of a rightist insurrection, with guns, and they doubt the loyalty of the Army! They really don't want to push it. Not helpful.

Then there's the whole short term chicanery and corruption of the thing. That might come home to roost too -- things move more quickly now than they did.