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The endless PONZI cycle of borrowing money to pay back the money you borrowed results in bankruptcy

The endless PONZI cycle of borrowing money to pay back the money you borrowed results in bankruptcy | YOU ALMOST HAD IT! MAXING OUT YOUR CREDIT CARDS, THEN ASKING FOR A CREDIT LINE INCREASE IS TOTALLY IRRESPONSIBLE | image tagged in state farm fishing guy,debt ceiling,irresponsible,bankruptcy,ponzi | made w/ Imgflip meme maker
780 views 15 upvotes Made by RunawayTrain 1 year ago in politics
4 Comments
4 ups, 1y
There is more than enough cash flow into the government to avoid default on the national debt. As in past debt ceiling impasses, some government functions get temporarily shut down. But there will be NO DEFAULT on debt.
You are being lied to by the Biden administration and the media.
[deleted]
1 up, 1y,
1 reply
made w/ Imgflip meme maker
Live within your means, it works for me!
1 up, 1y
Now if we could just get congress to do that!
0 ups, 1y
This is how bad those in Washington, D.C. have screwed the citizens of USA. A debt of the people…

https://www.usdebtclock.org/
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EXTRA IMAGES ADDED: 2
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  • State Farm Fishing Guy
  • IMAGE DESCRIPTION:
    YOU ALMOST HAD IT! MAXING OUT YOUR CREDIT CARDS, THEN ASKING FOR A CREDIT LINE INCREASE IS TOTALLY IRRESPONSIBLE