Secret Squirrel Ponders Mechanisms That Generate A National Debt.

Secret Squirrel ponders the mystery,the illusion of this thing called an economy,the life blood of nations,this thing which generates a vast national debt that each nation simply cannot pay off, a national debt that is as illusionary as the sanctity of that thing called the dollar,that visible invisible piece of paper which nations print up to drive their economy,pay their bills,oil the machinery of capitalism,communism,socialism,that thing called money which nations simply never have enough of no matter how much of it they print,a fact they have just woken up to.

Yes,America has awoken to the fact that it is spending money it does not have, they the citizens have woken up to that, government has woken itself up to that fact, and almost didn't vote yes to print up more money to cover its previous debts INTEREST PAYMENTS,on money it had earlier printed up and spent...........err.........spent in America? Who would notice that? It seems America has been spending all over, all over the rest of the world, in similar fashion to the other nations of the world who are also in massive debt.Yes indeed, they're all spending money they don't have, and printing it up whilly nilly as well.As a matter of fact why just weeks before the American realization of debt came, Obama, it's President, was out and about yelling and screaming about other nations who were in danger of default on their debts, thundering,blundering ever louder than before, at Spain,Ireland,Italy,et cetera and especially at Greece, who somehow all managed to resolve their crisis, then suddenly Obama stepped in it, his own near default debt crisis.Sad is it not.

So in America it,the national debt, is set at $39,000 per person....THE NATIONAL DEBT.....a debt they claim is impossible to pay off.........why? well there seem to be so many in America who can't and won't come up with their 39,000 for the US government to give to the US government, to clear the national debt.why, because no doubt this figure includes the illegal Mexicans.We need them, you need them, turf them out and the numbers of people counted drop, and so then your share of the national debt rises, so, if there are MORE illegal immigrants, your share of the national debt will drop accordingly,so what if we move in to America all of the Mexicans, this'd be another 107,431,230, and YOUR national debt would drop by one quarter, (1.4),to a lower $30,000 approx. On the other hand we're only looking at a paltry $9000 drop, so maybe it's best to leave the Mexicans where they are,and we'd best get Obama to get the ones already in the USA,to send them back.

In the UK population 62,435,709,the national debt is 13,000 pounds per person...now the population of India,which once belonged to England you
know, is 1,210,193,422 , 19.3830332 times that of the UK, so divided by 19 is 643 pounds, give or take so, by readmitting them,the Indians,declaring them to be British,I know,yes, but we must have a use for them at the immediate moment, adding the figures, dividing reduces the national debt per person to that paltry sum,we then turf'em out again, and leave them with their debts to be paid,by whatever means they can or can't,not our problem really, and we have only a debt of 643 pounds per person, 40 146 160 887, 40.1billion or .401 trillion, a vast
reduction...........technique I,Squirrel,call debt transference and India is a convenience so we've made a convenience of them to conveniently reduce our debts,the debts of the UK..............The reabsorbed India could be left as is,where it is.THEN we then simply declare them once more self ruling.Turf'em, and their share of the debt remains THEIR responsibility.We must do this before the Americans find out,you see,India's population is 4 times that of America, if American absorbed India, that would add that amount of people to pay the
national debt and so the debt would divide per person,much easier to pay off,and be about say $9000 per person. So, the Americans could pay off their share, and,turfing them in like fashion,could leave the turfed Indians to pay their share off.Interesting system of reducing national debt, spreading it around somewhat more, thinning it out as it were, but alas and alack, merely wishful thinking.

So what is debt,besides being a huge global worrying amusement?It's stated that the USA has a national debt that is 58% of it's gdp,mind you that's far less than Canada's which is a colossal 84%, but then Australia seems to be best managed at only 22%.China's national debt is at 17.5% but can it be in such a good field position when it owns the US debt,meaning it owns noting, just IOU's on paper, really.

Interesting,the nations have no money, America has no money, but must print up money to pay off the interest on it's debts,and must print up money to operate internally.So, the nation has no money, but we see oil companies making vast profits, other companies making vast profits, and buying up foreign companies world wide,they have money, and the governmnet of America wouldn't allow them to operate if they had no money.Indeed the US even increased it's debts massively in the last years financing, on printed up money, their foreign wars of acquisition of
the arab oil lands, for the oil companies to make more profits.Curious.That's what it does, what they all do, print up money as they need it...no cause for alarm then, only when they threaten not to.Globally it's all really just a giant monopoly game,where each nation gets to add more monopoly money for it to loose(or spend), where ever and on whatever,with no cause for concern unless certain privileged members of the game complain about it at any given time.

So National debt, national debt, all the focus is on national debt.There's more to things than just the NAtional Debt,you know, There are internal debts,within nations,that occur. Take for example,the United States, made up of individual states,and we see,that yet, obviously, there is not one single state that does not have ever increasing debts of their own,as Schwartzenegger showed us by massively increasing California's debt such that everbody noticed this element of things.Let's have a look at America's state debts..........

State .. Total State Debt

.Nebraska .. 30,542,523 14%
.Wyoming .. 45,718,680 6%
.South Dakota .. 222,592,942
.North Dakota .. 230,276,464
.Iowa .. 237,620,624
.Montana .. 381,220,699
.Vermont .. 430,257,920 17%
.Alaska .. 601,385,253
.New Hampshire .. 695,401,875
.Idaho .. 792,995,913
.Maine .. 979,497,643
.Arkansas .. 1,083,543,750
.Utah .. 1,244,703,684
.Tennessee .. 1,467,027,182
.Colorado .. 1,708,414,320
.Delaware .. 1,883,539,616
.Oklahoma .. 1,884,082,550
.Rhode Island .. 1,908,414,708
.West Virginia .. 1,910,765,850
.Nevada .. 2,286,268,525
.New Mexico .. 2,801,481,374
.Indiana .. 3,095,940,466
.Kansas .. 3,281,021,508
.Alabama .. 3,748,131,568
.Missouri .. 4,011,678,600
.South Carolina .. 4,100,556,558
.Mississippi .. 4,363,050,088
.Minnesota .. 4,560,541,324
.Hawaii .. 4,759,779,150
.Louisiana .. 5,228,776,464
.Arizona .. 5,322,792,846
.Oregon .. 6,144,005,142
.Virginia .. 6,164,185,380
.Kentucky .. 6,371,944,901
.Michigan .. 7,636,810,882
.North Carolina .. 7,804,895,488
.Wisconsin .. 8,080,672,046
.Maryland .. 8,589,113,346
.Georgia .. 9,671,943,624
.Ohio .. 11,104,024,490
.Pennsylvania .. 11,974,528,650
.Texas .. 12,886,797,040
.Washington .. 13,908,174,965
.Connecticut .. 15,797,113,120
.Florida .. 20,669,835,435
.Illinois .. 24,232,837,693
.Massachusetts .. 28,504,076,601
.New Jersey .. 31,530,722,919
.New York .. 57,080,584,213
.California .. 66,715,803,520 19%
Grand Total .. 420,166,090,122 (.420 trillion)

(Interesting,this is not a huge figure,basically half of Australia's national debt total,whatever is the United States government spending on?)


The debt figures are in dollars, and the % is a percentage of the GDP debt they themselves have,so states vary in percentage of GDP debt from a low of a mere 6%, to a high of 19%. So these figures each must be added to the national debt,as they do not figure in to the national debt calculation.Wyoming at a population of 532981 has a debt of 4107 per person,the lowest state debt, and the highest is California at 9977 per its population of 37824187.California gets 79 billion from the US government,which is only 40% of what it spends .......so where does the rest come from???Money has to come from somewhere.It is now mathematically impossible for the U.S. government to pay off the U.S. national debt.

You see, the truth is that the U.S. government now owes more dollars than actually exists. If the U.S. government went out today and took every single penny from every single American bank, business and taxpayer, they still would not be able to pay off the national debt. And if they did that, obviously American society would stop functioning because nobody would have any money to buy or sell anything.In short, it's only so much "money" which exists only on paper.It doesn't exist.So why doesn't it exist?It is because the American financial system is based on something called fractional reserve banking.

When you go to your local bank and deposit $100, they do not keep your $100 in the bank. Instead, they keep only a small fraction of your money there at the bank and they lend out the rest to someone else. Then, if that person deposits the money that was just borrowed at the same bank, that bank can loan out most of that money once again. In this way, the amount of "money" quickly gets multiplied. But in reality, only $100 actually exists.The truth is that banks are freer today to dramatically "multiply" the amounts deposited with them than ever before.

But all of this "multiplied" money is only on paper - it doesn't actually exist.The system works because we do not all run down to the bank and demand all of our money at the same time.

According to the New York Federal Reserve Bank, fractional reserve banking can be explained this way....

"If the reserve requirement is 10%, for example, a bank that receives a $100 deposit may lend out $90 of that deposit. If the borrower then writes a check to someone who deposits the $90, the bank receiving that deposit can lend out $81. As the process continues, the banking system can expand the initial deposit of $100 into a maximum of $1,000 of money ($100+$90+81+$72.90+...=$1,000)."

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The
perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.And so too does the banking system.

Nations handling their debts with respect to other nations are really using a pyramid scheme,a non-sustainable business model that involves promising participants payment, services or ideals,which in all reality,they all cannot really make.So much of the "money" out there today is basically made up out of thin air.Again,the banking system works because we do not all run down to the bank and demand all of our money at the same time.The global system works because nobody dares to demand their held debts in actual payment,else it all collapses just as it is a house of cards.Nations are,in fact then, paper tigers,running a huge global pyramid scheme,with banking systems which are in fact vast ponzi schemes.None of it should work, but it does, it's the system.