My Account
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Jul 26, 2024
2:28
:20
pm
Ripliancum
Playmaker
Elon Musk has mentioned several times his concern about the US going bankrupt.
Among other things he points to 75% of income tax going to debt payments. Is this bankrupcy of the federal government something one can prepare for?
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Ripliancum
Previous username
gingi
Bio page
Ripliancum
Joined
Dec 12, 2007
Last login
Sep 7, 2024
Total posts
1,439 (2 FO)
Report problem with this ad
Messages
Author
Time
Elon Musk has mentioned several times his concern about the US going bankrupt.
Ripliancum
Jul 26, 2:28pm
Not really. The world economy is screwed if that happens.
allaboutthegainz
Jul 26, 2:30pm
If the US goes bankrupt everyone will be hosed.
byujdmba
Jul 26, 2:33pm
The next Great Depression will probably cause a lot of starvation deaths
AggieWeekendCougar
Jul 26, 2:43pm
So a year's supply may in fact be a good idea.
byujdmba
Jul 26, 3:03pm
Hyperinflation will solve everything, not to worry. The Treasury will just add
Rocketman
Jul 26, 2:56pm
Yep, that’s how it’s almost always done historically. Defaulting on our debt
Jstak17
Jul 26, 3:39pm
Let’s see how long the us government can continue to borrow to itself.
Cougarclaw
Jul 26, 3:01pm
1. What different conditions would we be living in if there's a default?
Ripliancum
Jul 26, 3:58pm
Government’s ability to borrow would be decreased / interest rates would rise
byujdmba
Jul 26, 4:03pm
2. Would there actually be a difference if on a farm with well, solar, 10yr food
Ripliancum
Jul 26, 4:08pm
Asked because as one prepares, the dependence on fuels and spare parts becomes
Ripliancum
Jul 26, 4:19pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad