How can you give away what you don’t have???


I asked this question so many times before and never got a proper answer. How does anyone, person, corporation, government, big business give hundreds of millions/billions of dollars away when their company has been running in the red for decades.  

How do you give money away that you don’t have. Does it make sense to borrow money to give to another person or entity, especially when the lender is your staunchest enemy?? It doesn’t make sense to me and never will.

The first rule of finance

I know the answer but I wanted to hear it from the horse’s mouth. This morning I am watching the news and much to my shock (not really), the leaders of the USA in all of their wisdom (not really) are borrowing money from one of our staunchest enemies China then for us to turn around and donate it to Ukraine and Israel.

What the fuck am I missing?? How do you give away what you don’t have??

Is it absolutely imbecilic, not only is the USA going against all practical methods of controlling their government, but they are borrowing money from China to support the Ukraine and Israel.

I can just see the Chinese agreeing to give the U$A as much as they want that will only put our country further in debt and more indebted to our arch-enemy.

What is the first rule of thumb in the financial world. Never borrow money, if you do, pay it back as soon as possible – never borrow money to pay off a debt – third and most importantly, never borrow money from your arch enemy or someone that has you over a barrel.  

China is one of the United States’s largest creditors, owning about $859.4 billion in U.S. debt. 1 However, it does not own the most U.S. debt of any foreign country.

Country/territoryUS foreign-owned debt (January 2023)
Japan$1,104,400,000,000
China$859,400,000,000
United Kingdom$668,300,000,000
Belgium$331,100,000,000
Luxembourg$318,200,000,000
Switzerland$290,500,000,000
The Cayman Islands$285,300,000,000
Canada$254,100,000,000
Ireland$253,400,000,000
Taiwan$234,600,000,000
Are you shitting me???? That was 6 mopnths ago – I hate to see the nunber now

It is like when we take out a second mortgage on our house from six different lenders, who really owns the house, not us but the lenders. In reality the USA is not the true owner of the USA.

In reality, the homeless bum who lives under a bridge in a cardboard box in Chicago is much better off financially than The US government.

Is this insanity or not?? The USA has dug itself such a deep hole, it seems to me our economy will never see the black side of the Ledger again.

The other question that haunts me, how the hell do we pay it back

At this point I’m really surprised that any country would consent to lending the United States any more money. It’s like lending your outlaw brother-in-law $1,000 when the guy is an alcoholic, addicted gambler and a fuckin junkie. The chances of getting it back are little to none.

How much value has the dollar lost?

Since 1933, the U.S. dollar has lost 92 percent of its domestic purchasing power. Even at its “moderate” 1994 inflation rate of 2.7 percent, the dollar will lose another half of its purchasing power by 2022.

That sheet of paper that you just wiped yourself with while you were on the throne is worth more than a $10 bill American.

To make matters 1, 000 times worse, we have someone sitting in THE BIG CHAIR that spends money like a drunken sailor.

If this nonsense keeps up (I don’t see an end to it) the days of are reckonings coming and it’s going to come crashing down big time.

That is one of the reasons that the Chinese built the biggest aircraft carrier in the world, at the right time they want to use it to come across the pond in style to collect what’s owed them.

Very impressive

The leaders of our country have no one to blame except themselves for the condition it is in at all levels, domestic and foreign. They are professionals at pointing the finger at everyone else but the fact of the matter is, if they want to know who the culprit is, take a good look in the mirror.

What have you fools done to my once beautiful country

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About The Goomba Gazette

COMMON-SENSE is the order of the day. Addressing topics other bloggers shy away from. All posts are original. Objective: impartial commentary on news stories, current events, nationally and internationally news told as they should be; SHOOTING STRAIGHT FROM THE HIP AND TELLING IT LIKE IT IS. No topics are off limits. No party affiliations, no favorites, just a patriotic American trying to make a difference. God Bless America and Semper Fi!
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