The U.S. Government Is Borrowing About 8 Trillion Dollars A Year

The U.S. Government Is Borrowing About 8 Trillion Dollars A Year



As  I've said before in posts,America might borrow a Dollar but will only pay back the interest, which might be 4 cents. They then buy a Dollar's worth of goods which has cost them 4 cents. There is never any chance of America paying back the principle.Indeed, they are struggling to make the interest payments.

So America must sell a dollar's worth of stuff plus a profit, which it has bought for 4 cents.  Selling it at break even still makes America 96 cents because they are never paying back the Dollar.

In the absence of a major war, we now have surrogate armies fighting it out in little and medium sized wars.Selling munitions, to both sides, helps keep control of both sides and altering delivery dates ensures that no one side gets a big advantage.Thus you can keep a war going for years which provides a sellers paradise.