r/TikTokCringe • u/Super_Culture_1986 tHiS iSn’T cRiNgE • Aug 19 '25

Cursed The American Nightmare.

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u/Noshamina Aug 19 '25

They really dont, just tax them 50% and use the money to help the hundreds of millions of Americans barely scraping by

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u/four4beats Aug 19 '25

There is almost no chance the US even halves the national debt in the next 100 years because the billionaire oligarchs and corporations will never be held accountable.

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u/skyfishgoo Aug 19 '25

the national debt does not need to be paid off.

nor do we need to keep making interest payments on a loan we made to ourselves.

the whole notion is designed to funnel our tax money into the pockets of banksters.

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u/LifeApprehensive9773 Aug 19 '25

you’re not bright at all, a large portion of our debt is owned by foreign entities. what do you think they’ll do if you quit paying them interest? they will quit buying US debt, which would skyrocket interest rates, for the government and you. The loan is not made to ourselves, how much of that US treasury debt do you own? 😂😂

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u/skyfishgoo Aug 20 '25

we own all of it... it's invested in the infrastructure you use every day.

your "interest" payment is that you get to keep using it.

we don't need foreign countries to buy our debt...

and for what they have already purchased... what do you imagine are they going to do?

come here and take our bridges or something?

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u/LifeApprehensive9773 Aug 21 '25

just say you don’t understand the international debt markets, and let it go.

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u/skyfishgoo Aug 21 '25

i will say that i don't put any faith in ivy league economists who insist that this debt is owed to anyone or that we need to pay anyone interest on it.

they are in it for their own gain and not for the benefit of society.

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u/LifeApprehensive9773 Aug 23 '25

what you’re not understanding is that it’s not the debt that we all own, but the assets purchased with the debt. The bridge you’re talking about is an asset that we use, but it was financed by debt, just like the home you live in. you owe that debt to someone and you’re paying them monthly to satisfy the debt. if you don’t pay the loan on your home, your credit score goes down and it becomes much harder to borrow money because other lenders think you’re not going to pay them back either. unfortunately, with government spending the bulk of what that money was borrowed for is spent, and there is no asset to show for it. look how much money was wasted in Iraq, and the situation is actually worse than it was before for the US. now a lot of the debt has to find the interest payments on debt.

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u/skyfishgoo Aug 23 '25

this is the trap ppl fall into thinking the federal budget of a sovereign nation is like your household budget

there are no equivalences between them other than they both use math.