Should humans and trumpanzees split into separate forums?

Walt said:
According to them, any responsibility to society is slavery. It is sad.
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Their devotion to repeating their masters' words about "welfare queens" and "lazy libs" and "slackers" and "moochers" is ironic when you consider that the red states are the biggest "moochers" of all. On an individual basis, the Reichwingers want to enjoy all the things that taxation brings us -- highways, public schools, safe food/water/air/medications, fire and police departments, freedom from price-gouging by public utilities, etc. -- while they cry bitter tears about having to chip in to pay for it.
 
Walt said:
First, you can only cash in Treasurys when they mature. You can sell them on the secondary market, but if China tried to sell all of them on a secondary market, they would get nearly nothing for them.

If China did stop rolling over the Treasurys, we could easily pay them with money we print. That money would lose value, but that is not default. Default is when the debts cannot be paid.

Or we can go into technical default, and refuse to pay. That might cause other lenders to refuse to lend... Or maybe not. It depends on the situation.

Either way, if we pay them with money worth less than the money they lent us, or we do not pay, they lose. We also would probably lose, but they would definitely lose. The question becomes how much pain can they handle?

The answer is far less than you would assume. China has major ethnic divides that can easily split into civil wars. It has some harsh haves and have nots divides. It seems to think it is constantly on the verge of a civil war or revolution in a way that America simply is not.
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Default is when the debts cannot be paid.

So there it is. Your argument is that the US can or will pay back its debt. I sure hope you're not buying cash, bonds, or on social security. Government workers , including the military will no longer be paid. This is what happened to the Soviet Union and it happened quickly. States like California, Texas, and a few others will want to secede.

The Roman empire took 300 years to collapse after its default but Rome didn't have China waiting to fill the void.
 
goat said:
Default is when the debts cannot be paid.
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We agree on that. So lets move on to what the debt must be paid in. The debt must be paid in US Dollars, which are printed by the US Government. That means as long as printing presses survive, the debts can be paid.

There are foreign countries whose debts are in foreign currencies. Lets say Mexico has debts that must be paid in US Dollars, if they do not have the US Dollars, they will default. But US debt is currently all in US Dollars, so real default is absolutely impossible.

goat said:
Government workers , including the military will no longer be paid.
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Once again, US Government workers are paid in US Dollars. The only way they do not get paid is if the US Government makes a decision not to pay them. They can always be paid.

goat said:
The Roman empire took 300 years to collapse after its default but Rome didn't have China waiting to fill the void.
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Rome had a huge trade deficit with China. The Western Roman Empire collapse was correlated with deficit and hard money. Fiat money and inflation was banned, and then they collapsed.
 
Walt said:
We agree on that. So lets move on to what the debt must be paid in. The debt must be paid in US Dollars, which are printed by the US Government. That means as long as printing presses survive, the debts can be paid.

There are foreign countries whose debts are in foreign currencies. Lets say Mexico has debts that must be paid in US Dollars, if they do not have the US Dollars, they will default. But US debt is currently all in US Dollars, so real default is absolutely impossible.



Once again, US Government workers are paid in US Dollars. The only way they do not get paid is if the US Government makes a decision not to pay them. They can always be paid.



Rome had a huge trade deficit with China. The Western Roman Empire collapse was correlated with deficit and hard money. Fiat money and inflation was banned, and then they collapsed.
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Only 3% of US dollars are printed. No one is getting paid in dollars. The US is already moving away from cash for e-money or virtual currency. The world (Europe) is moving away from the dollar. According to Chomsky, US power has been in decline since shortly after WWII. Capitalists jumped ship in the late '70s early '80s for Latin America and Asia. NAFTA was the final nail in the working class coffin.

Once the EU falls apart, the US will most likely follow. Secession is in our DNA. I now know the OP is intended satire but we all see the reality of our divide. Vaccines prove government wants to widen that divide. The irony of democrats wanting to control what others do with their own body is the paragon of hypocrisy. The so-called moral majority doesn't even realize what they became part of.
 
Walt said:
We agree on that. So lets move on to what the debt must be paid in. The debt must be paid in US Dollars, which are printed by the US Government. That means as long as printing presses survive, the debts can be paid.

There are foreign countries whose debts are in foreign currencies. Lets say Mexico has debts that must be paid in US Dollars, if they do not have the US Dollars, they will default. But US debt is currently all in US Dollars, so real default is absolutely impossible.



Once again, US Government workers are paid in US Dollars. The only way they do not get paid is if the US Government makes a decision not to pay them. They can always be paid.



Rome had a huge trade deficit with China. The Western Roman Empire collapse was correlated with deficit and hard money. Fiat money and inflation was banned, and then they collapsed.
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you're a dissembling idiot of the highest order.
 
goat said:
Only 3% of US dollars are printed. No one is getting paid in dollars. The US is already moving away from cash for e-money or virtual currency. The world (Europe) is moving away from the dollar. According to Chomsky, US power has been in decline since shortly after WWII. Capitalists jumped ship in the late '70s early '80s for Latin America and Asia. NAFTA was the final nail in the working class coffin.

Once the EU falls apart, the US will most likely follow. Secession is in our DNA. I now know the OP is intended satire but we all see the reality of our divide. Vaccines prove government wants to widen that divide. The irony of democrats wanting to control what others do with their own body is the paragon of hypocrisy. The so-called moral majority doesn't even realize what they became part of.
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nope. the u.s. will stay strong and together. we're the tougher stuff.
 
goat said:
We'll know more after the next global economic collapse. The entire world is demanding change. I'm surprised it took this long.
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what kind of change is the world demanding do you reckon?

I think the people want less internationalist fascism, and to be left the fuck alone.
 
AssHatZombie said:
I think the people want less internationalist fascism, and to be left the fuck alone.
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Two problems.

First, you're trying to think without having the proper equipment.

Two, there is no consensus on what Americans want. Nothing close in fact.
We're at least two, maybe more different nations trying with almost no success to share the same borders and the same government.
 
NiftyNiblick said:
I have plenty to argue about with other Democrats and similar humans.
Many remain reluctant to accept my wisdom and leadership, and that's enough of a problem in itself.
I have many decades of experience which I've been generously willing to share with the deserving.

It couldn't be more obvious that neither of the major sides gives a fat flying fuck what the other has to say.
After a few exchanges with a mutant from the Reichnut side, I generally get bored and put the offender on "ignore."
Gradually, in time, I don't see anything from their side at all.

Then, periodically, I release the penalty box in a grand gesture of good will,
but obviously,
it doesn't take very long to start filling it up again.
We're dealing with mutants, here. What else is there to do?

If we're going to have brawls that are actually meaningful, we're more likely to have them with our own kind.
Any thoughts?
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Since President Trump is still living rent free in your noggin, into which group would you fit.
 
NiftyNiblick said:
Two problems.

First, you're trying to think without having the proper equipment.

Two, there is no consensus on what Americans want. Nothing close in fact.
We're at least two, maybe more different nations trying with almost no success to share the same borders and the same government.
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the divide and conquer move will fail. give it up, anti-human.
 
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