Top 10 Countries With Highest Household Debt All Socialist

[Toro]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

 

[Lucy Hamilton]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

You're in debt over 12 Trillion Euros and if we didn't have to pay for your protection we would be several Trillion less in debt and you would be speaking Russian. So go pound sand. We're tired of paying for your protection. We're tired of paying your tariffs. You're going to start treating us with the respect we've earned. And you're going to pay up.

"You're going to start treating us with the respect we've earned. And you're going to pay up."

No because America does NOT treat the European Continent with any respect, you think you can DICTATE what we do and when we do it, including our OWN Foreign Policy, we DO NOT want to be part of America's sordid Middle East Adventures ANYMORE for example, it is THANKS to America because of Syria and Libya that this Continent has HALF of the Middle East as Refugees, the European Continent gets NOTHING of advantage from getting involved in America's WARS in the Middle East ONLY body bags and Refugees.

So no you deserve no respect because you give US no respect and we are NOT going to pay up and so what are you going to do bomb us or something? Just remember we are NOT insignificant little things like Iraq, Libya or Afghanistan that had NO means to bomb back.

No we are NOT going to pay up, if ANYTHING the EU will DOUBLE the tariffs on American goods, do you actually WANT a Trade War? If so, you better read up on the ramifications of full on Trade Wars and with all your accumulated problems how America in the end is going to be the loser of one.

You have no choice unless you want to speak Russian. You've already started to cave and Trump had to embarrass your sorry asses in front of the entire world to get you to pay your fair share to NATO. You can't win a trade war because you produce nothing we need. That's a fact. You have to have our protection. What do you produce we have to have?

You're morally bankrupt. You don't care we saved you from the Nazis.

You wouldn't do a damn thing about the middle east. You rail about weapons, those scary things that keep you from speaking Russian. We make better cars, you imported one. Haha.

You'll be begging us for a fair trade deal before it's over.

Face it, the only way you can exist in your Socialist wet dream is we protect you. Now that's a fact!

Yes but NOBODY IS going to pay more to NATO, they just said that to shut Americans up from whining about NATO spending.

We produce A LOT that you need. What does America make? Most of the important things are Made In China and then YOU Import them to YOU from China, how many things say Made In America now?

You do NOT make better autos. We have BMW, Audi, Mercedes-Benz, Porsche, the British have Jaguar, Rolls Royce, Aston Martin, the Italians have Ferrari, Lamborghini.

We do NOT Import in mass number American autos, America DOES though pay stupid amounts of moneys for OUR autos to be Imported to you.

 

[BluesLegend]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

Denmark, Norway and Switzerland are NOT Socialist, sorry I know being American you WANT to THINK they are but as a European I can 100% tell you they are NOT Socialist. Netherlands is NOT Socialist except for Amsterdam and Rotterdam, the other parts are basic Centre-Right.

Of ALL those nations the ACTUAL Socialist are: Portugal, Spain, Greece and Sweden, I think with Trudeau that Canada perhaps now also and from the others in that Top 10 Australia and United Kingdom have Conservative Centre-Right Government so they are not Socialist but at random are prone to voting for their Labour Parties to be the Governments.

So out of that Top 10 the Socialist nations are: Sweden and that is all there is, the one and not any other. Ireland with it's Openly Faggot UNELECTED Prime Minister COULD be heading Socialist THOUGH his political party Fine Gael ARE Centre-Right. Have you HEARD of Fine Gael even? Thought not.

Our American friends do need to get educated about European Politics and what EXACTLY constitutes a Socialist nation with a Socialist Government because without this our American friends seem very ignorant of the situation. To say like in this thread title that ALL the below nations in that Top 10 are Socialist is very ignorant:

Denmark, Netherlands, Norway, Australia, Switzerland.

Lucy, compared to the United States every one of those countries are Socialist. I've worked in Norway, Netherlands, Scotland, and England. Just because they're at various stages of Socialism doesn't change the fact that they are more in debt, rely on Government more to take care of them, and are basically lazy as I can attest first hand. The taxes are outrageous and the government distributes it, basically Socialist.

I suggest you learn more about the United States. I've learned all I need to know about European Socialism by actually working there. So enough of your attempt at condescending contempt. You're trapped in a world of various levels of Socialism so the only contrast you can draw is inside the bubble. That would be the hard line Socialists verses Socialist light.

It's no mystery why most of all those in the chart are highly indebted and in Europe.

Mate, you may have travelled a bit but you have learned nothing.
My good friend Lucy has destroyed you already but I will point out some more of your idiocy.

You say - rely on Government more to take care of them, and are basically lazy

This is such a nonsense. We pay taxes to ensure that basic civilised measures are in place to look after the sick and the old. And we work hard to earn the money to do so. Its a social contract and makes us a better place to live.

Come on we have millions of mooching lazy losers sitting around on welfare because they don't want to work a job and pay their own damn bills. The truly deserving sick and old get short shafted by these losers sucking up huge sums of money.

 

[Lucy Hamilton]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

 

[Toro]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

 

[Ricky LIbtardo]

/

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

Cut the crap. You have twice as many people and we produce a higher GDP. We pay enough to protect you from the Russians to pay off our national debt while you freeload off us. Then you charge us tariffs because your work force can't compete.

Everyone in this country has medicare for the elderly. We have medicaid for the poor. You have nothing on us. As the statistics prove we're twice as productive. We have more freedom and don't rely on others for our protection.

Now you're going to pay up. Isn't that what the EU is all about, fair share? Now Trump is going to see you freeloaders pay your fair share.

 

[Muhammed]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

Denmark, Norway and Switzerland are NOT Socialist, sorry I know being American you WANT to THINK they are but as a European I can 100% tell you they are NOT Socialist. Netherlands is NOT Socialist except for Amsterdam and Rotterdam, the other parts are basic Centre-Right.

Of ALL those nations the ACTUAL Socialist are: Portugal, Spain, Greece and Sweden, I think with Trudeau that Canada perhaps now also and from the others in that Top 10 Australia and United Kingdom have Conservative Centre-Right Government so they are not Socialist but at random are prone to voting for their Labour Parties to be the Governments.

So out of that Top 10 the Socialist nations are: Sweden and that is all there is, the one and not any other. Ireland with it's Openly Faggot UNELECTED Prime Minister COULD be heading Socialist THOUGH his political party Fine Gael ARE Centre-Right. Have you HEARD of Fine Gael even? Thought not.

Our American friends do need to get educated about European Politics and what EXACTLY constitutes a Socialist nation with a Socialist Government because without this our American friends seem very ignorant of the situation. To say like in this thread title that ALL the below nations in that Top 10 are Socialist is very ignorant:

Denmark, Netherlands, Norway, Australia, Switzerland.

None of the countries you mentioned are socialist.

Sweden is, but none of the others if you reread my comment you will notice I have already stated that none of the others in that Top 10 are Socialist.

Sweden is not a socialist country.

Sorry Sweden IS Socialist.

You are a hard learner.

I've already informed you that Sweden is not a socialist country, but you chose clamor onto a false belief and double down on stupid rather than learn something new today.

 

[Ricky LIbtardo]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

Cause and effect, toro. What I pointed out is the Socialist countries have the highest debt per household. Just the facts.

 

[Toro]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

Gross debt doesn’t matter. What matters is the net worth of a country, which is assets less liabilities.

For example, your local pet shop with a €50,000 bank loan and €150,000 in turnover is in more dire shape than, say, Microsoft, which has billions in debt.

 

[Lucy Hamilton]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

"Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property."

Yes, so on that EVEN Sweden is NOT Socialist, there are NO nations on this Continent that do the Wealth Redistribution or who are against the population having private property.

How much in America is Government spending for example the last 20 years, so that is Clinton, GWB, Obama, Trump.

 

[Toro]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

Cause and effect, toro. What I pointed out is the Socialist countries have the highest debt per household. Just the facts.

No, that’s fair, but what really matters is the total debt from all sources, not just the government. A country can have high government debt and low private debt, and be in better shape than a country with the reverse.

The Asian Crisis of 1998 was a crisis of private debt, not government debt.

 

[Lucy Hamilton]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

Cause and effect, toro. What I pointed out is the Socialist countries have the highest debt per household. Just the facts.

But they are NOT Socialist we did this already, you stated in your OP that ALL Top 10 were ALL Socialist and they are NOT, you insisting on repeating it does NOT make it correct it is still as incorrect as the first time.

 

[Ricky LIbtardo]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

Gross debt doesn’t matter. What matters is the net worth of a country, which is assets less liabilities.

For example, your local pet shop with a €50,000 bank loan and €150,000 in turnover is in more dire shape than, say, Microsoft, which has billions in debt.

Try to keep up, toro. The statistics show household debt (private debt) of the countries. The more Socialist the country for the most part the higher the debt to HOUSE HOLD DISPOSABLE INCOME.

 

[Tommy Tainant]

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

Denmark, Norway and Switzerland are NOT Socialist, sorry I know being American you WANT to THINK they are but as a European I can 100% tell you they are NOT Socialist. Netherlands is NOT Socialist except for Amsterdam and Rotterdam, the other parts are basic Centre-Right.

Of ALL those nations the ACTUAL Socialist are: Portugal, Spain, Greece and Sweden, I think with Trudeau that Canada perhaps now also and from the others in that Top 10 Australia and United Kingdom have Conservative Centre-Right Government so they are not Socialist but at random are prone to voting for their Labour Parties to be the Governments.

So out of that Top 10 the Socialist nations are: Sweden and that is all there is, the one and not any other. Ireland with it's Openly Faggot UNELECTED Prime Minister COULD be heading Socialist THOUGH his political party Fine Gael ARE Centre-Right. Have you HEARD of Fine Gael even? Thought not.

Our American friends do need to get educated about European Politics and what EXACTLY constitutes a Socialist nation with a Socialist Government because without this our American friends seem very ignorant of the situation. To say like in this thread title that ALL the below nations in that Top 10 are Socialist is very ignorant:

Denmark, Netherlands, Norway, Australia, Switzerland.

Lucy, compared to the United States every one of those countries are Socialist. I've worked in Norway, Netherlands, Scotland, and England. Just because they're at various stages of Socialism doesn't change the fact that they are more in debt, rely on Government more to take care of them, and are basically lazy as I can attest first hand. The taxes are outrageous and the government distributes it, basically Socialist.

I suggest you learn more about the United States. I've learned all I need to know about European Socialism by actually working there. So enough of your attempt at condescending contempt. You're trapped in a world of various levels of Socialism so the only contrast you can draw is inside the bubble. That would be the hard line Socialists verses Socialist light.

It's no mystery why most of all those in the chart are highly indebted and in Europe.

Mate, you may have travelled a bit but you have learned nothing.
My good friend Lucy has destroyed you already but I will point out some more of your idiocy.

You say - rely on Government more to take care of them, and are basically lazy

This is such a nonsense. We pay taxes to ensure that basic civilised measures are in place to look after the sick and the old. And we work hard to earn the money to do so. Its a social contract and makes us a better place to live.

Come on we have millions of mooching lazy losers sitting around on welfare because they don't want to work a job and pay their own damn bills. The truly deserving sick and old get short shafted by these losers sucking up huge sums of money.

I doubt that very much. The poor are demonised by the tax dodging press. Nobody wants to live on benefits, why would you ?

 

[Lucy Hamilton]

/

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

Cut the crap. You have twice as many people and we produce a higher GDP. We pay enough to protect you from the Russians to pay off our national debt while you freeload off us. Then you charge us tariffs because your work force can't compete.

Everyone in this country has medicare for the elderly. We have medicaid for the poor. You have nothing on us. As the statistics prove we're twice as productive. We have more freedom and don't rely on others for our protection.

Now you're going to pay up. Isn't that what the EU is all about, fair share? Now Trump is going to see you freeloaders pay your fair share.

Sorry we do not freeload off America, we have our own moneys we get ZERO from America, we also are not in NATO an excellent decision which have save us BILLIONS in wasted taxpayers moneys.

As for the EU in general, no they are not going to pay up. Period, if you want to keep thinking they are then okay, think that but just because it makes you feel better to think it does not mean it is happening, but is not. The EU also just completed a big deal with Japan, we are this planets biggest single Trading Bloc, with the other big deal with China I am sure we will be okay.

 

[Toro]

Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property.

A country with no debt that has government spending which is 60% of the economy is much more socialist than an economy that spends 30% by the government but has debt.

"Socialism is not defined by debt. It’s defined by wealth distribution and attitudes towards private property."

Yes, so on that EVEN Sweden is NOT Socialist, there are NO nations on this Continent that do the Wealth Redistribution or who are against the population having private property.

How much in America is Government spending for example the last 20 years, so that is Clinton, GWB, Obama, Trump.

Europe has an elaborate welfare state. That’s wealth redistribution.

I’d say any country that spends more than 50% by the government is socialist. You have countries like that in Europe.

 

[JakeStarkey]

The conservatives cannot explain in fact why those debt loads are as high as they are in terms of laws, banks, and taxation.

The people of Germany and Britain and France, for example, are financially more stable than Americans.

 

[Toro]

The conservatives cannot explain in fact why those debt loads are as high as they are in terms of laws, banks, and taxation.

The people of Germany and Britain and France, for example, are financially more stable than Americans.

How do you define that?

 

[Ricky LIbtardo]

/

Here's what you get with Socialism.

Up to your ass in debt just to live.

There is no such thing as "free", lieberals. You just belong to a debtors prison.

What America has that ALL of those nations COMBINED do NOT have and that's a National Debt of 21 TRILLION, now 21 TRILLION that is SOME FULL ON Socialist spending like drunk sailors, you have spent 21 TRILLION MORE than you EVER bring back in via taxes etc That is Socialism 101 SPENDING BEYOND your MEANS with OTHER peoples MONEY ie. BORROWED MONEY, that is ZERO Fiscal Conservatism or EVEN ZERO Fiscal RESPONSIBILITY, it is PURE Socialistic spending and both Democrat AND Republicans have spent like drunken sailors, you last had a Balanced Budget when? Did you, ever?

What you DO to keep America from having their International Debtors calling in for THEIR Debts that YOU OWE THEM is you have this insanity of just PRINTING MORE MONEY, and for every worthless Monopoly paper Dollar you print it adds x FIVE onto your 21 TRILLION debt. Every year you have to raise your Debt Ceiling so you can keep on borrowing, if you failed to raise your Debt Ceiling you would default on your Debt and be declared bankrupt and then ALL your Debtors MAINLY China would come calling.

You Economically are in such a dire situation that IF China decided to DUMP HALF of YOUR Debt they OWN on the Open Market within 10 hours the Dollar would CRASH, ALL Americans personal savings would be WIPED OUT you would have The Great Depression returning but 1000 times WORSE than the original one.

Now THIS is something that Americans choose NOT to pay attention to because you think you CANNOT fail, but you CAN, you are NOT Immortal.

Government debt per capita in the US is only slightly higher than it is in Austria.

This is how much debt your country has per person

We are discussing that America has 21 TRILLION in debt, what OTHER nation has such an outrageous debt? There are no nations, America has the biggest debt on this planet. They have out of control spending, they have no interest in getting such a debt in control, they keep spending, they are never going to pay that debt down all they do is pay off the Interest on the debt and keep raising the Debt Ceiling so they can keep spending.

Cut the crap. You have twice as many people and we produce a higher GDP. We pay enough to protect you from the Russians to pay off our national debt while you freeload off us. Then you charge us tariffs because your work force can't compete.

Everyone in this country has medicare for the elderly. We have medicaid for the poor. You have nothing on us. As the statistics prove we're twice as productive. We have more freedom and don't rely on others for our protection.

Now you're going to pay up. Isn't that what the EU is all about, fair share? Now Trump is going to see you freeloaders pay your fair share.

Sorry we do not freeload off America, we have our own moneys we get ZERO from America, we also are not in NATO an excellent decision which have save us BILLIONS in wasted taxpayers moneys.

As for the EU in general, no they are not going to pay up. Period, you want to keep thinking they are then okay, think that but just because it makes you feel better to think it does not mean it is happening, but is not.

So you're not in NATO but you're in Europe and you pay nothing in to NATO.

Talk about admitting you're a freeloader off of America's protection. How fucking embarrassing. You're even freeloading off the other European countries.

 

[Ricky LIbtardo]

The conservatives cannot explain in fact why those debt loads are as high as they are in terms of laws, banks, and taxation.

The people of Germany and Britain and France, for example, are financially more stable than Americans.

How do you define that?

He can't and I have no idea why that moron showed up in this thread.

The stupid fuck didn't even look at the household debt chart I posted in the OP. Sure, Flakey, the higher the debt load makes you more stable. too damn funny.