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Their point (i assume because had same convo with my dad) is that the debt is such an emergency we should toss the rule of law
by snapcaster 2y ago
Their point (i assume because had same convo with my dad) is that the debt is such an emergency we should toss the rule of law
- intalentive 2y agoSometimes following rules leads to an unrecoverable state, and then you have no choice but to reboot. Compound interest leads to either stagnation and decline, or else to jubilee. It's an inherently unstable system that has felled many civilizations before ours. Debt grows exponentially while real economies saturate in an S-curve. Eventually something has to give.
- tsunamifury 2y agoThis is not that situation, you're been told so so you can give up what little power you have left out of stupidity.
- intalentive 2y agoInterest payments are the largest item of the federal budget. Give it time and they will consume the whole thing.