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July 25, 2011 @ 08:25 PM
KevBd

Post: 868

Join Date: Nov 2008

Location: Guelph, Ontario

so i'm canadian. and obama just showed up on my t.v. when my wifey was watching the bachelorette.

what the hell is all this talk about the US debt and what not?

the issue isn't that i don't understand economics or business or politics, it's just that i'm not informed on what's happening "south of the border," as my mother would say.

two of em x hs shit

July 25, 2011 @ 08:26 PM
Saro

Post: 357

Join Date: May 2011

too much borrowing from china ♥♥♥♥♥cool
July 25, 2011 @ 08:27 PM
basspro

Post: 1119

Join Date: Nov 2010

Location: HSHIT

there is bigger things to worry abt my friend.
hypebeast.com/forum/showthread.php?t=156075
July 25, 2011 @ 08:31 PM
Kayv

moderator

Post: 560

Join Date: Apr 2010

Location: Bay Area/Hawaii

First of all this is HB, threads like this are pointless. And 2nd how are you surprised about our debt even though you say you're not informed about what's going on south of the boarder. Don't you know the U.S. is in 5 wars. Just wtf man
July 25, 2011 @ 08:34 PM
Constellations

Post: 3053

Join Date: Jan 2010

Location: LeBroward County, Fl...

Basically, we have too much debt and supposedly we're supposed to default on our debts after a certain amount of money has been borrowed, and that time is right now.

Our polticians have until August 2rd (or 3rd, idr) to decide whether or not to raise the debt ceiling (allow for more money to be borrowed/allow more time for the US to pay back its debts) or default on our debts.

i could be wrong though, economic shit confuses me

\X/

July 25, 2011 @ 08:35 PM
KevBd

Post: 868

Join Date: Nov 2008

Location: Guelph, Ontario

First of all this is HB, threads like this are pointless. And 2nd how are you surprised about our debt even though you say you're not informed about what's going on south of the boarder. Don't you know the U.S. is in 5 wars. Just wtf man


no i understand that as a whole. i just feel like over the past two weeks talk of the US public debt (et. al.) has skyrocketed, and i just don't know what caused all of this abrupt discussion.

two of em x hs shit

July 25, 2011 @ 08:47 PM
soap

Post: 2151

Join Date: Aug 2006

its because august 2nd is right around the corner and they still have yet to come to a decision

don't forget its obamas birthday the day after make sure u tune in to celebrate and forget all about our economy

ALSO

this is how businesses operate before they go bankrupt

they borrow money from another source to pay other borrowed debt and for a little longer operate on a hope that things will turn around (most of the time they don't)
July 25, 2011 @ 08:48 PM
appleyard

Post: 612

Join Date: Feb 2009



debt to gdp ratio..looks like canada is screwed
July 25, 2011 @ 08:50 PM

Inactive



debt to gdp ratio..looks like canada is screwed


fucking stephen harper bitch ♥♥♥♥♥
July 25, 2011 @ 08:53 PM
yungm

Post: 2093

Join Date: Nov 2008

Location: Bay Area

dat booty smell good doe
July 25, 2011 @ 09:12 PM
bonemarrow

Post: 2297

Join Date: Mar 2011

Location: eastcoast

too much borrowing from china ♥♥♥♥♥cool


.

http://www.last.fm/user/basedvern

July 25, 2011 @ 09:16 PM
ksj

Post: 718

Join Date: Sep 2009

Well you made your first mistake by asking this on hypebeast.

Most of the members can't even type in proper grammar...

What makes you think they follow/understand what is going on with the debt ceiling talks?


Just saying...
July 25, 2011 @ 09:18 PM
KevBd

Post: 868

Join Date: Nov 2008

Location: Guelph, Ontario

Well you made your first mistake by asking this on hypebeast.

Most of the members can't even type in proper grammar...

What makes you think they follow/understand what is going on with the debt ceiling talks?


Just saying...


perhaps i've asked too much of the boards haha. i figured that a forum like this would have a very broad spectrum of users, but i guess not?

two of em x hs shit

July 25, 2011 @ 11:05 PM
ksj

Post: 718

Join Date: Sep 2009

perhaps i've asked too much of the boards haha. i figured that a forum like this would have a very broad spectrum of users, but i guess not?


I didn't mean to sound like a douche.


Mike Litoris' (suprised) post explains it pretty well actually
July 25, 2011 @ 11:07 PM
loop

Post: 1381

Join Date: Apr 2007

Location: SoCal

July 25, 2011 @ 11:09 PM
Iggle

Post: 1135

Join Date: Nov 2007

have questions about foreign issues
go to HB

#pedogangweindis

July 25, 2011 @ 11:18 PM
hooperr

Post: 281

Join Date: Mar 2011

Location: california

Republicans understand they are hurting everyone by not coming to an agreement. This is all to make the economy shiver so they can blame Obama and make it easier in 2012. It's a fucking disgrace.
July 26, 2011 @ 02:04 AM
PKMNTRNERBLUE

Post: 126

Join Date: Jun 2011

cool
dat booty smell good doe
July 26, 2011 @ 02:10 AM
NoStress

Post: 2071

Join Date: Sep 2010

Location: Shaolin

Republicans understand they are hurting everyone by not coming to an agreement. This is all to make the economy shiver so they can blame Obama and make it easier in 2012. It's a fucking disgrace.


This. God Republicans are fucking stupid

burr

July 26, 2011 @ 02:17 AM
mr mcgibblets

Post: 2179

Join Date: Nov 2010

someone needs to bring us back to 0.



i nominate brendan and lucas to actually carry it out.
July 26, 2011 @ 07:42 AM
Constellations

Post: 3053

Join Date: Jan 2010

Location: LeBroward County, Fl...

someone needs to bring us back to 0.



i nominate brendan and lucas to actually carry it out.

.

lold

\X/

July 26, 2011 @ 08:35 AM
DhA

Post: 551

Join Date: Nov 2010

Threads like this are pointless here because everyone thinks the Republicans are like the Empire from Star Wars or something.
July 26, 2011 @ 09:50 AM
ahhhrt

Post: 2005

Join Date: Aug 2006

Location: toe ron toe

^knows, not thinks.
July 26, 2011 @ 10:00 AM
Mr.Mittens

Post: 121

Join Date: Jul 2009

Location: ATL

Threads like this are pointless here because everyone thinks the Republicans are like the Empire from Star Wars or something.


Because they are lol

http://twitter.com/CrazyHates

July 26, 2011 @ 10:12 AM
bonemarrow

Post: 2297

Join Date: Mar 2011

Location: eastcoast

someone needs to bring us back to 0.





This would actually make it worse

http://www.last.fm/user/basedvern

July 26, 2011 @ 11:03 AM
DhA

Post: 551

Join Date: Nov 2010

To be fair I used to think that way about Conservative politics. Then I decided to educate myself and although I don't agree 100% with any political views, they're really not any worse than democract/liberal views.
July 26, 2011 @ 03:12 PM
Dat780

Post: 88

Join Date: Sep 2010

Fuck Bush and the Republicans.
July 26, 2011 @ 03:45 PM
NoStress

Post: 2071

Join Date: Sep 2010

Location: Shaolin

To be fair I used to think that way about Conservative politics. Then I decided to educate myself and although I don't agree 100% with any political views, they're really not any worse than democract/liberal views.


I know its bad to generalize but holy fuck. A large majority would rather let the economy get fucked just so that they can possibly get back into power.

burr

July 26, 2011 @ 03:48 PM
basspro

Post: 1119

Join Date: Nov 2010

Location: HSHIT

someone needs to bring us back to 0.



i nominate brendan and lucas to actually carry it out.


down for thiscoolcoolcool
July 26, 2011 @ 04:50 PM
Alejo

Post: 172

Join Date: Jul 2008

It's politics as usual...Obama voted not to raise the debt ceiling when he was a Senator calling it irresponsible. The Feds balance sheet is fucked and that won't change unless severe cuts and restructuring are made...which could be painful short term. Though no one in DC has the balls to do what's necessary since it'd likely be political suicide anyway.

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