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It's All A SMOKESCREEN
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Thread: It's All A SMOKESCREEN
08-01-2020, 11:42 PM
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#1
08-01-2020, 11:48 PM
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#2
- LinuxJon
- Join Date: Apr 2014
- Location: California, United States
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Lmfao.
First of all, almost none of his numbers are even plausible. Okay, 1/2 of all US deaths are vaccine related. Okay, his total debt number is off by a factor of almost 10. Brb, he never even googled any of this before making his rambling video.
First of all, almost none of his numbers are even plausible. Okay, 1/2 of all US deaths are vaccine related. Okay, his total debt number is off by a factor of almost 10. Brb, he never even googled any of this before making his rambling video.
480s / 370b / 495d / 235 x 2 SOHP
Trump 2020
DeSantis 2024
Catbrah 2032
Misc Firearms Crew
Misc Wristwatch Crew
Will sell wife's foot pics for watch/gun money crew
Definitely not a fed crew
08-02-2020, 12:11 AM
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#3
- LinuxJon
- Join Date: Apr 2014
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Originally Posted By 401Delta⏩
So total private sector debt is $27t right now. That still doesn't represent what it sounds like. TONS of that debt is secured by assets and doesn't need to exist in "cash".The total debt in this country is like a 175 trillion or something, though, IIRC...so not that far off.
Example: US mortgage debt is $16t right now. But the value of all US real estate is $32t
Lots of other stuff double or triple counted. An company with an exactly balanced accounts payable and accounts receivable is literally creating "debt" by this measure on both ends without any reality of the money not being there.
480s / 370b / 495d / 235 x 2 SOHP
Trump 2020
DeSantis 2024
Catbrah 2032
Misc Firearms Crew
Misc Wristwatch Crew
Will sell wife's foot pics for watch/gun money crew
Definitely not a fed crew
08-02-2020, 12:13 AM
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#4
08-02-2020, 12:18 AM
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#5
Originally Posted By LinuxJon⏩
It was either on Ben Shapiro's or Dan Bongino's podcast that I remember them talking about the total debt a few months back...some astronomical number apart from the federal debt.So total private sector debt is $27t right now. That still doesn't represent what it sounds like. TONS of that debt is secured by assets and doesn't need to exist in "cash".
Example: US mortgage debt is $16t right now. But the value of all US real estate is $32t
Lots of other stuff double or triple counted. An company with an exactly balanced accounts payable and accounts receivable is literally creating "debt" by this measure on both ends without any reality of the money not being there.
Example: US mortgage debt is $16t right now. But the value of all US real estate is $32t
Lots of other stuff double or triple counted. An company with an exactly balanced accounts payable and accounts receivable is literally creating "debt" by this measure on both ends without any reality of the money not being there.
08-02-2020, 12:35 AM
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#6
- Ironmanlet
- Adamantium User
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- Ironmanlet
- Adamantium User
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Originally Posted By 401Delta⏩
Was there a significant part of that total debt owed to the government, possibly negating the federal debt?It was either on Ben Shapiro's or Dan Bongino's podcast that I remember them talking about the total debt a few months back...some astronomical number apart from the federal debt.
Student loans or FHA/VA home loans for example?
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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