Comments by "bighand69" (@bighands69) on "The US Hits Its Debt Ceiling Limit!" video.

  1. The is not creating debt the way other nations are. US debt is more of a finance structure within its government rather than being a debt promissory that most people assume that it is. That is not to say it will have no economic impact but it is not the end of the world that many people claim.
    13
  2. US debt is not real it is nothing more than an accounting/finance exercise. It is a liability rather than a debt with most of the inbuilt calculations being about obligations for the future rather than it being a debt promissory.
    8
  3. My mother in law is wonderful. A truly fantastic person and the kids love spending time with her.
    6
  4.  @cooperwolfe1731  The vast majority of US "Debt" is not a promissory so there is no repayments. The interest rates you are talking about are monetary not debt promisaries. The US system is actually designed by its very nature to not use all of its assets. It is a reserve system and one of the very few in the world. You are just parroting things you have heard because they sound trendy such as hyperinflation and default.
    5