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Does society look stable and secure to you right now?

• lapetitejort 6y ago
  Yes. We are dealing with problems better than in the 20th century.
  • i_haz_rabies 6y ago
    It doesn't take much imagination to see some pretty early-20th-century level outcomes from current trends.
  • fatsdomino001 6y ago
    I agree we are dealing with problems better than in the 20th century... but we're on the precipice of a massive economic depression, actually probably already in the throes of it. Unfortunately the fed has bastardized the cost of money and so people are getting cheap loans despite the outsized risk that it'll simply never be paid back. We're in for interesting times that's for sure.
• david927 6y ago
  Why is this down voted? Things are incredibly unstable. Further, while "increasing debt can be the sign of positive developments" it can also simply reflect a panic dropping rates to zero to try to bail out the boat. The big question is the utility of that debt. Is it being used to expand wealth or is it being consumed -- especially in buy-backs to artificially inflate stock prices? This isn't rocket science. This isn't a good thing.
• dragonwriter 6y ago
  > Does society look stable and secure to you right now? Do you think society would look more stable and secure if debt-to-GDP ratio had been kept constant in the massive slowdown by even further reductions of private and public spending?