U.S debt crises in simple terms

Let us assume that U.S is some individual person so that it can become easier for you to understand ...

 (U.S) has lots of bills to pay For.eg. Homeland security, Pensions, Foreign Aid, Medicare, DOT , NASA, NOAA, NIS, FAA, FEMA, FTC, FSA, Defense, Farm subsidies, Federal salaries, Medicaide, Veteran's benefits, Highway system, USPS, FBI, CIA, NSA, DOD n Foreign wars etc etc etc...
the sum of all the bills is around almost 4trillion dollars worth every year and his income is little over 2.2trillion dollars per year, now to make difference the deficit of almost 2trillion dollars he does what most americans do ie it borrows money... when U.S takes up the loan it calls it 'A bond' i,e U.S issues bond to borrow money. This bonds are held by Banks, Investors or even by Foreign governments. U.S has to promise to pay interest on every bond just like you do while taking any loans.

now the prob arises here, sometimes you think of paying your loans or mortgage by credit cards ryt??? the same thing he does. he takes up new loans i,e new bonds to make payments on old bonds.
 now all dos loans n specially the interest to be paid keeps on adding.  Right now U.S owes about 14 trillion dollars, 14trillion dollars is about the same as GDP of America ie Gross Domestic Product (total value of all goods n services produced by american economy in an entire year)  which means DEBT = ENTIRE GDP.


Its really a big money. now U.S is running out of people to borrow from to clear this debt and also having trouble of paying interest on its loans.  RBS came out with solution ie either cut spending or increases taxes;/bt if it stops spending then people on whom he spends will start complaining that they dont have money to spend n if it raises taxes dan people will have really less money in hand to spend ...!!

So, U.S chooses an easiest way to make money or say make payments, he calls up FEDERAL RESERVES wic is central bank n just like magic dollars were created and deposited all over America. but this lead to inflation because flow of dollars became more than goods available to in market dats y commodities lyk gassoline, food , oil n gold became more expensive, this happened because U.S implemented its money making magic by approaching FEDERAL RESERVES.

Remember the foriegn government that lend money to U.S ???   something interesting took place at that time, It made U.S look richer n der countries look poorer, n when a country looks poorer tha America; one dollar ie american money buys lot of other countries money For eg. If 1$ was equal to INR 45 then now 1$ will be equal to INR 50 wic means Americans can buy 5 more INR for same 1$ ....  Americans can pay INDIAN workers a few penny  a day because they are getting Rupee at cheaper rate. This ultimately pulls down labour cost of the company n the manufacturer can sell their products in America at lower prices than any other American manufacturer can.  Now, the easiest way for American manufacturers to compete is to move their companies overseasn pay their workers a few penny's a day.

But, this leads to recession in America becz Americans loose their jobs n no job means no tax to be paid to government no tax means decrease in income from taxation (major part of earning for any government) n the people who lost their jobs start collecting government benifits lyk medicaide and unemployment..
This means U.S has less income n has to spend more n at such times people who still have their jobs are desperate to keep their jobs n can do more work even for lesser money.

When dollars are of less worth n inflow of the same has stopped  this leads to STAGFLATION i,e  inflation + recession = STAGFLATION.
U.S now is in big trouble, he cant raise taxes nor cut spending to without making recession averse and he cant approach federal reserves to create more money without making inflation averse.   for now what he can do is  keep borrowing more money but as he is not able to pay the interest on loans he already has it can just push towards the bankruptcy wic is worst.
Its not too long within just few months or say few years a day will come when he wont be able to pay his bills anymore.. wen dat happens BANKS, INVESTORS n FOREIGN GOVERNMENTS who are counting out that money; wont be able to pay their own bills..   You see Governments, Banks n Corporation dont have much money, what they have is nothing but debt to each other.

If one stops payment the whole chain defaults .. If investors stops paying bills the corporation wont pay to their employees ... If banks are not able to pay their bills, u wont be able to take more loans, use ur credit cards or even retrieve ur savings.. If foreign government dont pay their bills their own banks and corporations will have d same problems that is what we call A GLOBAL ECONOMIC COLLAPSE .
It never happened before so nobody knows how long will it last for n how to overcome it, the house of cards has already been fallen down, their is no painless way to build it back.

ALL WE CAN DO IS JUST EDUCATE EACH OTHER ABOUT WHATS ACTUALLY GOING ON AND TO PREPARE FOR THE WORSE.

ADDICTION hurts..

ADDICTION... the word itself is scary, scary not in horror sense but scary because it gives us scary feeling of how will i survive if someday i don't get the thing i'm addicted to or i'm used to.. at such times your worst nightmare is getting departed from the thing or person we are addicted to!!
If its a thing then the wounds of getting departed soothes early without any marks on mind or heart but if its a person to whom you were addicted then even a decade is not enough to sooth that wound n even if it soothes the marks of the wounds stays forever on your heart n mind, the marks may vanish from your mind as the time passes but nothing can rub those marks from your heart.

sometimes we make mistakes in selecting right person for us, many times we end up with fake sweet talkers and loose right ones. people this days are so confused in selecting right person that they just end up with wrong fake ones. selecting right person have become a gamble today, here the opponent is so sharp that he ll not even give u single such reason which can help you identifying him. This days love has become a game, game of winning others heart n breaking them; the more hearts you break the more XPs ie experience you get , this game gives so bad addiction that people keeps on breaking hearts just to soothe their own heart.
This is chain actually where A breaks heart of  B and to soothe his own heart B breaks heart of C so that he can forget the pain given by A   !!!

Here the victim or the one who is left alone feels guilty for giving chance to such person. Sometimes we have to pass through such phases of life where we don't even know 'whom we love n to whom we think we love'
Confused??? i'l explain u.. sometimes we think that v love some1 but its not actually love but our infatuation for that person.

sometimes we just try to avoid people who love us n to whom v don't.. and a moment comes wen v feel lyk breaking friendship wid them becoz the way such people stare at u and care for u n tok wid u n flirts wid u feels irrittating because in past that person was the one on whom  u had crush so u dont want ur past to affect ur presence. so finally a time comes wen u just cant bear anymore n stop talking to them wic hurts them lyk hell becz wen person who means everything to u dont even talk to u, feels lyk ur existance in the world is of no use better u leav dis world. Thinking about all such things from their point of view v forgive them n mutually decide to start with a new relationship which would be only up to FRIENDSHIP.

Now, the main problem begins.. initially u feel that the person has changed n is just thinking of u as just a friend n to make u believe they says that they are committed wid some1 n comes closure to u n starts flirting again n dis tym u start lyking dat person but ur not sure about it..
After couple of weeks that person discloses the truth saying that he/she wasnt committed n lied just to come close to u n become ur besty.. this hurts u but nt much.

After spending so much time together n inspite that person lied u, u start lyking that person n he/she becomes part of ur lyf n dis time its really serious kinda lykings becoz u have been wid that person for long time n know each other verry well, but still u havent yet told that person about ur lykings towards him/her.
he/she asks u several tyms about ur lykings bt u say NO al the tym n stick upon a thing that u lyk somebdy else.

After some couple of months u suddnly come across a news that he/she is already having partner who was out of town.. n the person uv startd lyking had nobody in town to be wid so he/she just wanted u to be wid dem till the time his/her partner who is out of town comes back into the town n suddenly ur left alone.

U all of sudden start feel guilty for everything, guilty for giving him/her a chance, guilty for felling in love with him/her  again, guitly for beleaving all  the lies n best one was "i cant leave widout you"   dis lie really hurts u n even can make nybdy fell in love.. now u are at the situation where u cant forget all thos lies n ur just addicted to that person n just cant forget him/her at any cost n want back them in ur lyf n also want all dos things back that was between u both, bt nw its impossible n u just have to tell ur heart that "whatever happens is for good cause" ...

In the end u have to think positively that, good u both are no more together or rather say ur away from the one to whom u loved once oR he/she loved u oR u both once loved each other becoz u both had no future so better move on..
He/She have alrdy moved on but somewere u havent becoz u still feel that he/she still feels for u.. Its not the fact but still somewer in heart u cant just forget dat person so u start xpecting that even they shudnt forget u bt as v all knw things never happns d way v wish them to ..............  u just keep hoping that one day all the memories related to that person lyk d way he/she stared at u,    the way he/she said 'babu' ,     the way he/she used to ask 'y din u had ur dinner yet'      the way he/she used to scold u on ur mistakes n say 'stupid cant u take care of urself' etc etc etc....   u just end up hoping that someday u'll forget all this things n will move on n get rid of their  ADDICTION.