4 ms·
> It has architectured the inevitable currency collapse. I'm 61. I've been hearing this about the US national debt since I was a teenager. When do you imagine
by PaulDavisThe1st 2y ago
> It has architectured the inevitable currency collapse.
I'm 61. I've been hearing this about the US national debt since I was a teenager. When do you imagine this "inevitable" currency collapse will occur? Do you consider the recent actions of the current administration to make it more or less likely?
- ceejayoz 2y agoIt’s a secular version of the Rapture.
- JumpCrisscross 2y agoThat’s a good analogy. Like the Rapture, the people who talk the most about it seem curiously hurried to bring it on.
- YZF 2y agoDuring your lifetime the US economic and political status in the world has been on the rise. It was viewed as an island of stability and growth. I think the current administration isn't helping but we're talking about a multi-decade process here. Some of what we see today goes back to Bush and Obama policies. It also goes to geopolitical changes, China, India, Russia. Globalization. Technological changes. Climate change. etc. etc.
- PaulDavisThe1st 2y ago> During your lifetime the US economic and political status in the world has been on the rise. And yet ... various people, mostly republicans, have spent a good part of my lifetime telling us that the sky is about to fall in. It may yet fall. But they are starting to seem more like boys that like to cry wolf than prophets.
- OutOfHere 2y agoYou have been hearing since you were a teenager that people are mortal, that you yourself are mortal, yet you haven't witnessed it yourself. Do you therefore imagine that you are not, that it is not inevitable?
- PaulDavisThe1st 2y agoI understand my likely longevity to be between 60 and 100 years. When I talk about my inevitable death, I fully expect it to occur sometime in the next 40 years. If it does not happen after another 60 years, I may be forced to re-evaluate my mortal status. Until then, my death is inevitable ... and a completely useless analogy to a national debt driven currency collapse.
- OutOfHere 2y agoAll exponential trends break (because exponential trends cannot sustain) -- this much is known. It's a question of when.