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Home > Forums > The Open Forum
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CNBC: How America's Debt Spiral Could Spark The Next Crisis

Author: NedoftheHill (44809 Posts - Joined: Jun 29, 2011)
Posted at 11:22 pm on Jul 30, 2025
View All

We "debted" ourselves out of the 2008 financial crisis and the covid crisis. But, you can't "debt" yourself out of a debt crisis.

When Adm. Michael Mullen was asked in 2010 what was the greatest threat to the United States, his answer surprised everyone: the national debt. But, now, he believes there is a greater threat. The political divide, where parties would rather score political points against each other than solve real problems, which means they won't even try to solve the debt situation.




This message has been edited 1 time(s).

Evil preaches tolerance until it is dominant, then it tries to silence good.

Replies to: "CNBC: How America's Debt Spiral Could Spark The Next Crisis"

  • WSJ: When does US debt become genuinely bad? [LINK] - NedoftheHill - 10:57pm 7/30/25 (14) [View All]
    • BBB did not help at all. [NT] - ND521 - 5:41pm 7/31/25
    • Some time ago... [NT] - TakethetrainKnute - 8:21am 7/31/25
    • The WSJ hates Trump. It’s news pages have been taken over by Politico hacks, and - Cole - 2:45am 7/31/25
      • Sure it has, taken over by the deep state. Fool. [NT] - Frank L - 9:46am 7/31/25
      • The piece is not an attack on Trump. It is a non-partisan analysis. [NT] - NedoftheHill - 9:12am 7/31/25
    • Just like no one is going to stop burning oil when it's abundant, no one will deal with the debt. - iairishcheeks - 12:22am 7/31/25
      • You have to produce your way out of this level deficit. That is what trump is trying to do (note the - BaronVonZemo - 1:43am 7/31/25
        • That is a piece of it, but perhaps not a big enough piece to solve it alone. - NedoftheHill - 10:10am 7/31/25
          • The autoimmune reaction to DOGE proves it is just not feasible for this collection of humans. - iairishcheeks - 10:22am 7/31/25
        • Yet the “BBB” adds 3.4 trillion to the national debt. [NT] - Domer From Hell - 4:14am 7/31/25
          • Had to appease many factions as my post stated.- but without fixing in the lower corp tax rates, it - BaronVonZemo - 11:32am 7/31/25
    • It’s a good question - Chris94 - 12:14am 7/31/25
      • I'm proud of you. - iairishcheeks - 12:25am 7/31/25
    • CNBC: How America's Debt Spiral Could Spark The Next Crisis - NedoftheHill - 11:22pm 7/30/25
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