1.2 Trillion Dollar Debt Bomb

[Longshot231]

The US National Debt is $36 Trillion and climbing. Now adding to that in another year could be the $1.2 trillion in commercial real estate loans that could default in 2026.

A massive default on these loans could cause a domino effect of banks collapsing and US taxpayers picking up the bill due to loan guarantees.

Does anyone else see a problem with Trump and the Republicans getting blamed for the crisis, just in time for the mid-term elections? Add this to the fact that if the Republicans DO NOT extend the tax breaks by June/July of this year, you could see another factor weighing heavily in favor of the Democrats for the mid-term elections.



Default risk grows on $1.5 trillion in commercial real estate debt

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Loan Defaults Are a Dangerous Emerging Trend, a Veteran Broker Warns

Regional Banks Grapple with Office Property Meltdown

 

[pmclaine]

In my lifetime....

Debt under Reagan $3 trillion, it was going to be the end of the world.

2008 pretty sure it was $8 to $10 trillion

Now, 3X that at $36 trillion.

Gross.

All just a dumb game of musical chairs.

We should have streets paved in gold but instead we see individual peeps that are incredibly wealthy that have likely been able to tap into that waste stream. On the low end maybe you benefitted working 40 hours a week at Lake City/Raytheon but it's been subsistence at best.

We need a Tea Party.

 

[clcustom1911]

They'll take all that debt, transform it to a devalued digital asset, and that will restart the debt clock for the world.


It's just numbers in a computer.

 

[pmclaine]

They'll take all that debt, transform it to a devalued digital asset, and that will restart the debt clock for the world.


It's just numbers in a computer.

As long as you act accordingly.

Otherwise with the strike of a "Delete" key you are penniless.

 

[clcustom1911]

As long as you act accordingly.

Otherwise with the strike of a "Delete" key you are penniless.

We're on the same page.

 

[lariat]

They'll take all that debt, transform it to a devalued digital asset, and that will restart the debt clock for the world.


It's just numbers in a computer.

I have been saying this around here for years. No one is listening. Trump talking about using bitcoin as part of the federal reserve is the next move to get there. They will use the conversion to wipe out a material portion of the debt - I.e., strategic default.

 

[DarnYankeeUSMC]

They'll take all that debt, transform it to a devalued digital asset, and that will restart the debt clock for the world.


It's just numbers in a computer.

Central Bank Digital Currency is waiting for the reset. Total control of the plebes

 

[EddieNFL]

If they just forgive the debt, all is well, right? Right?

 

[Bullfrog08]

The bank never goes bankrupt in Monopoly, same same. US is too big to fail.....

 

[EddieNFL]

The bank never goes bankrupt in Monopoly, same same. US is too big to fail.....

We’ll see…

 

[UNRL Ghandi]

Ponzi schemes fail when the inflow of new cash dries up. When the guy running the Ponzi scheme can print more money and therefore has an endless supply you'd be surprised how long that scheme can last.

At some point bread might cost $5k a loaf but when minimum wage is $7k/hr it won't be too terrible. I fully expect to be a trillionaire before I die. What I'll be able to buy with my trillions will likely be the same as what I can currently buy with my thousands. National debt at that point might be $100 quadrillion and politicians will still be talking about the national debt being out of control and "my party will fix this terrible problem and if you just give us your vote we will secure a bright economy for your children." I bet Trump will be on the $100 thousand dollar bill. And yes, cash will still be around. Can't have a black pool of money in a digitally tracked crypto based ledger protocol.

 

[ironpony52]

And who is gonna collect this so-called debt?

 

[NoDopes]

Can't have a black pool of money in a digitally tracked crypto based ledger protocol.

Sure you can. Hunter and the big guy had several fake companies making millions. We have all the receipts. Nobody does anything but complain.

 

[Longshot231]

https://www.visualcapitalist.com/timeline-150-years-of-u-s-national-debt/#

 

[BCP]

Commercial real estate is rich people stuff so they will get a bailout for sure (if this balloon pops which I doubt).

Hyper inflation is the most likely shtf scenario.

Like somebody else said it’s just numbers in a computer. Japan had a period of massive inflation yet somehow they still have a better standard of living than we do.

Of course they also have a highly intelligent, industrious and racially homogenous society.

 

[lariat]

Latest estimates are $50T in 4 years if we keep going in the same direction.

 

[Redmanss]

Economic performance predictions are worse than weather predictions. They’re skewed with bias and agendas, and compiled by criminals and idiots.

They’re as bad of clickbait as dick enlargement and young hot women looking for silver foxes.

 

[SilentStalkr]

As long as you act accordingly.

Otherwise with the strike of a "Delete" key you are penniless.

This!

I have been saying this around here for years. No one is listening. Trump talking about using bitcoin as part of the federal reserve is the next move to get there. They will use the conversion to wipe out a material portion of the debt - I.e., strategic default.

And this!

 

[mosin46]

In my lifetime....

Debt under Reagan $3 trillion, it was going to be the end of the world.

2008 pretty sure it was $8 to $10 trillion

Now, 3X that at $36 trillion.

Gross.

All just a dumb game of musical chairs.

We should have streets paved in gold but instead we see individual peeps that are incredibly wealthy that have likely been able to tap into that waste stream. On the low end maybe you benefitted working 40 hours a week at Lake City/Raytheon but it's been subsistence at best.

We need a Tea Party.

one more vigorous than the last one.

 

[mosin46]

Ponzi schemes fail when the inflow of new cash dries up. When the guy running the Ponzi scheme can print more money and therefore has an endless supply you'd be surprised how long that scheme can last.

At some point bread might cost $5k a loaf but when minimum wage is $7k/hr it won't be too terrible. I fully expect to be a trillionaire before I die. What I'll be able to buy with my trillions will likely be the same as what I can currently buy with my thousands. National debt at that point might be $100 quadrillion and politicians will still be talking about the national debt being out of control and "my party will fix this terrible problem and if you just give us your vote we will secure a bright economy for your children." I bet Trump will be on the $100 thousand dollar bill. And yes, cash will still be around. Can't have a black pool of money in a digitally tracked crypto based ledger protocol.

like germany in the 30s,which BTW led to hitler. inflation in relation to our debt must be a factor. i am not near smart enough to see,understand or explain that. however,being retired i see it plainly. the $ i get from pension/SS now is obscene compared to what i put in over 50 yrs. it does not = any more purchasing power than what i put in in the 60s-20s. ins,recreation,food,housing,transp,medical,taxes,clothing,anything are all geometrically higher now than then. makes a higher tax bracket. 1st summer job as a teen saw a min wage of $1/hr went to $1.25 a year or 2 later i recall. in FL now $13. fed is $7.25. my parent's 25 yr mortgage in 1960 was $125/mo. price $25K the house sold in 1999 for $270k. we all know what shit costs now. inflated prices make even paper increases in young people's wages meaningless. decent places rent for 1.5-2+ K/mo. the ponzi roller coaster has to crash at some point. i don't think trump can fix it but the dims will likely get away with blaming him come 2026.

 

[tightInThePants]

Ponzi schemes fail when the inflow of new cash dries up. When the guy running the Ponzi scheme can print more money and therefore has an endless supply you'd be surprised how long that scheme can last.

At some point bread might cost $5k a loaf but when minimum wage is $7k/hr it won't be too terrible. I fully expect to be a trillionaire before I die. What I'll be able to buy with my trillions will likely be the same as what I can currently buy with my thousands. National debt at that point might be $100 quadrillion and politicians will still be talking about the national debt being out of control and "my party will fix this terrible problem and if you just give us your vote we will secure a bright economy for your children." I bet Trump will be on the $100 thousand dollar bill. And yes, cash will still be around. Can't have a black pool of money in a digitally tracked crypto based ledger protocol.

You're going to be paying a bit more than $7k for a loaf of bread if you're expecting to be a trillionaire.

 

[BCP]

We should have streets paved in gold but instead we see individual peeps that are incredibly wealthy that have likely been able to tap into that waste stream.

I'm surprised how many people don't see this.

All you have to do is look at the way wealth has become concentrated at the top while simultaneously the tax cuts/spending sprees/national debt keeps going up up up. And when they have a shortfall they just print more which of course goes straight to the top lol.

 

[MrSmith]

Add in another 1.17 Trillion. The estimated US credit card debt.

Average Credit Card Debt Study 2025

Across the country, many Americans are struggling with mounting credit card debt. The most recent data from the Federal Reserve reveals that credit card debt sits at $1.17 trillion—yes, that’s trillion with a “t”—in Q3 2024. The figure represents a meaningful increase compared to the country’s prepa

www.forbes.com

May you live in interesting times.

Thank you,
MrSmith