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sure but all of those are not that sustainable long term. Denmark made retirement age 70 and that will change in the future because your social economy is not s
by anon191928 1y ago
sure but all of those are not that sustainable long term. Denmark made retirement age 70 and that will change in the future because your social economy is not sustainable. This also includes a lot of government things in USA.
$10M and more buys true freedom and reach to global travel and countries. All of those free things in Europe require certain level of native labor and population aging fast is not helpin that across globe.
- testing22321 1y agoThe US is $37 trillion in debt. It’s pretty clear doing it terribly is not sustainable. Meanwhile dozens of countries are doing the above without immense debt.
- achenet 1y agoCounter-argument, largely lifted from Graeber's _Debt, the first 5000 years_: The US trade deficit isn't ever really meant to be repaid, it's basically the modern equivalent of the Roman Republic/Empire demanding tribute from weaker states with a thin veneer of "I'll pay you back" to make it more palatable. Like the time the homeless dude living under a bridge near me asked to "borrow" 50€ from me :)
- testing22321 1y agoWhether a loan is meant to be repaid or not doesn’t change the fact that the need to borrow money to get something done makes it unsustainable.