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[–]dcjogger 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Americans scream that that the US debt will be paid off by mining gold on asteroids, but what if the cost to mine the gold costs more than the gold?

If you spend $1 billion to get to the asteroid, but only can mine $1 billion worth of gold then what did you gain?

Would the gold be radioactive?

What if the asteroid has no gold?

Would a huge supply of space gold lower gold prices?

Could synthetic gold be made on Earth?

What if the spaceship blows up?

Are Americans really this stupid?

https://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/#5ad4d7bb819c

https://www.usgovernmentdebt.us/breakdown?gov=fed