The National Debt Doesn't Exist

Water Cooler
#21

That’s because Buzzfeed is run by monkeys on meth. All they do is repost articles while trying not to mess anything up too badly.

#22

I guess the business model is

  1. Repost other people’s content

  2. Add headline that makes it better click-bait.

  3. Add 20 ads to the page.

  4. If possible, make a slideshow or 10-points format that requires additional page loads.

  5. PROFIT!

#23

Follow-up article

http://realmoney.thestreet.com/articles/10/27/2016/dont-let-them-lie-you-there-no-national-debt-danger

#24

Here he goes again, not true…

The government can “print” any amount of money it wants

#25

You should email him and share the exchange with us if he responds.

#26

^ It wouldn’t be very exciting, these types always say the same thing…

Him: but they can print any amount

Me: no they can’t

Him: yes they can

Me: hope

Him: yep

Fast forward: I’m right, he’s never heard from again, or resurfaces with a spun story “well technically, I never actually said…”.

#27

^ Perhaps he’ll be in awe of your analysis.

#28

No, these are the same clowns from subprime. “But we printed so much in 2006 and it didn’t blow, you are overreacting…haha look how much we printed in 2007, we’re so awesome…this will never end…”. Then 2008, and everyone changes their name and story.