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Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > US Debt Clock
View:
Post by MaximusGainus on Oct 11, 2022 1:36pm

US Debt Clock

Staggering numbers. How will they dig themselves out of this mess?

https://usdebtclock.org/
Comment by pooltec on Oct 11, 2022 1:40pm
inflation
Comment by pooltec on Oct 11, 2022 10:11pm
31 Trillion will not seem that much after 10 years of high inflation.  
Comment by mrbb on Oct 11, 2022 2:13pm
you missed my previous post  
Comment by Bigbear7405 on Oct 11, 2022 4:32pm
They never will. They system will collapse on it self. at some point.
Comment by GingerEnergy111 on Oct 11, 2022 4:39pm
That is such a fascinating site.  How on earth at all?  Almost a quarter of a million per taxpayer. Nigeria looks pretty good in the overall numbers for debt!  Many European countries, not so much. I remember looking at this more than a decade ago (could even be two) when derivatives were only $624 billion and worldwide assets were something like $70 billion.  I was ...more  
Comment by Experienced on Oct 12, 2022 9:26am
A great question with an easy answer.  But also an answer that investors need to think about and is quite relevant to the discussion we have here over the past few days. The answer is that Governments will never pay off their debt.  The reason is simply that they can simply print money to pay off what they need. The relevance to the discussion here? Increasing the money supply results ...more  
Suncor Energy Inc.
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