Vomerica is in deep S***t. Debt is worrisome

[veerigadu]

Stock market numbers entha fast peruguthunnayo anthe fast ga debt kuda peruguthundhi.

Its close to 112% of GDP

Inka future lo interest payments for that debt, lack of funding for unexpected expenses tho assam train ki ready ga undhi. 

Dump thatha tax cuts chesi revenue M kudipadu. On other hand thanks to covid borrowing/ printing emo kummesaruuu

 

[tom bhayya]

Jagan anna nundi inspired anta ley 

[veerigadu]

2 minutes ago, tom bhayya said:

Jagan anna nundi inspired anta ley 

Jagan anna policies are not federal kadha anna. He is ruling a state anthe and he has no say in Indian federal policies. 

Also he is increasing prices and taxes on rich. Unlike vomerican what dumppp thathaaa did here 

[dasara_bullodu1]

8 minutes ago, veerigadu said:

Jagan anna policies are not federal kadha anna. He is ruling a state anthe and he has no say in Indian federal policies. 

Also he is increasing prices and taxes on rich. Unlike vomerican what dumppp thathaaa did here 

akkada state assam ikkada country assam anthe ga theda

[Ryzen_renoir]

15 minutes ago, veerigadu said:

Stock market numbers entha fast peruguthunnayo anthe fast ga debt kuda peruguthundhi.

Its close to 112% of GDP

Inka future lo interest payments for that debt, lack of funding for unexpected expenses tho assam train ki ready ga undhi. 

Dump thatha tax cuts chesi revenue M kudipadu. On other hand thanks to covid borrowing/ printing emo kummesaruuu

 

At this point no one gives a about debt size , all they care about is "can we service the debt ?" 

Covid was a hard time but Trump went overboard with giving away too much money to corporates . 

I like bidens approach more people centric

[VictoryTDP]

Debt will be written off and it will be 0 in the future

[veerigadu]

1 minute ago, Ryzen_renoir said:

At this point no one gives a about debt size , all they care about is "can we service the debt ?" 

 

Doctor Tells Man He's Infertile, then...

MindYourDollars.com

mindyourdollars.com

 

 

Covid was a hard time but Trump went overboard with giving away too much money to corporates . 

 

 

 

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I like bidens approach more people centric

Yeah how they gonna service debt? By ballooning more debt? 

The other options are increasing taxes and decreasing expenditure. These seem impossible right now. 

The only option is more debt to service the current debt. 

[Ryzen_renoir]

Just now, veerigadu said:

Yeah how they gonna service debt? By ballooning more debt? 

The other options are increasing taxes and decreasing expenditure. These seem impossible right now. 

The only option is more debt to service the current debt. 

Dude you need to stop worrying about debt figure , as long as the debt is domestically owned they can  keep servicing it well . 

Infact with these interest rates , you shouldn't worry about the debt at all . 

[veerigadu]

Just now, Ryzen_renoir said:

Dude you need to stop worrying about debt figure , as long as the debt is domestically owned they can  keep servicing it well . 

Infact with these interest rates , you shouldn't worry about the debt at all . 

40% is owned by China. 

Another 30% by banks which are privately owned. Remember vomerica doesn't have nationalised bank system. 

Only the 30% owned by pensions, other such as social security can be written off I guess. Provided vomerican citzennnnsss wont make a big deal about it. 

[veerigadu]

4 minutes ago, VictoryTDP said:

Debt will be written off and it will be 0 in the future

40% china 

30% privately owned banks. 

Tell me how can you write this debt off. Are they dumb?

[r2d2]

No problemo.. we will keep printing more.. and more.. and even more..😀

[dasara_bullodu1]

3 minutes ago, veerigadu said:

40% china 

30% privately owned banks. 

Tell me how can you write this debt off. Are they dumb?

they will print so much that 40% and 30% will become 4% and 3%

[veerigadu]

16 minutes ago, dasara_bullodu1 said:

akkada state assam ikkada country assam anthe ga theda

People ki freebies icchi Welfare kosam akkada karchu ayithunnayi. Corporates greed kosam ikkada ayithunnayi. Shana theda undhi.

From fiscal point of view both are wrong. But from a social  point of view who is bigger evil?

[dasara_bullodu1]

3 minutes ago, veerigadu said:

People ki freebies icchi Welfare kosam akkada karchu ayithunnayi. Corporates greed kosam ikkada ayithunnayi. Shana theda undhi.

From fiscal point of view both are wrong. But from a social  point of view who is bigger evil?

welfare ki icchedi Andhra currency kadu kada India currency ... aa icchina vallu ye roopam lo venakki istaru ? sakka foriegn poyi jalsa cheyyataniki vadataru. evvadu state lo invest cheyyadu. also entha percentage to welfare.. ikkada corporate akkada Jaggu gadi aasthi

[Killer66]

20 minutes ago, veerigadu said:

40% china 

30% privately owned banks. 

Tell me how can you write this debt off. Are they dumb?

China debt only 1T know ???