I'm no econmist, but it seems like the professionals have historically done a pretty rotten job of making accurate forecasts. How many missed forecasting the 2008 recession, for instance? I think they get too caught up in nice-sounding formulae and miss what's really happening in the world. Economists seem to love relying on economic patterns or cycles: inflation/deflation, expansion/contraction. But this situation of the out-of-control national debt is a factor completely outside of ordinary cycles. It appears that it is not a cycle that is capable of coming down again. It is just too big. Instead, it is heading over a cliff, and all the pretty cycles will crash and burn right along with it! This scenario is no stranger to history —we have a trail of previous mismanaged economies to learn from: Weimar Republic, Zimbabwe, etc., and slow-burn disasters like Japan.
Anyone who believes the U.S. economy will continue with "business as usual" is flat-out delusional! The entire world is under assault, and the economic sphere is just one part of the chaos about to engulf us as the psychos who run the world bring on their next Plandemic, continue the attack on farmers and the food supply, and crash the world economy to usher in their CBDCs. Hold your hats: it's about to get wild!
I say, default on the debt. You and I didn't borrow it, didn't spend it and should feel no obligation to pay it back. What's that? Then no one would trust the government and loan them money? Aw, that is so sad.
Doesn't work like that. When Dad got paid, went to the track & lost it all, got evicted from the apartment, us kids/mom didn't spend that $, but paid the consequences. We all will pay for our failed leaders mistakes on both sides of the isle.
And that's the best reason to eliminate sovereign immunity for ALL public serpents, from the top to the bottom, and all levels of government. No one should be immune from liability for the damage caused by their actions.
I'm no econmist, but it seems like the professionals have historically done a pretty rotten job of making accurate forecasts. How many missed forecasting the 2008 recession, for instance? I think they get too caught up in nice-sounding formulae and miss what's really happening in the world. Economists seem to love relying on economic patterns or cycles: inflation/deflation, expansion/contraction. But this situation of the out-of-control national debt is a factor completely outside of ordinary cycles. It appears that it is not a cycle that is capable of coming down again. It is just too big. Instead, it is heading over a cliff, and all the pretty cycles will crash and burn right along with it! This scenario is no stranger to history —we have a trail of previous mismanaged economies to learn from: Weimar Republic, Zimbabwe, etc., and slow-burn disasters like Japan.
Anyone who believes the U.S. economy will continue with "business as usual" is flat-out delusional! The entire world is under assault, and the economic sphere is just one part of the chaos about to engulf us as the psychos who run the world bring on their next Plandemic, continue the attack on farmers and the food supply, and crash the world economy to usher in their CBDCs. Hold your hats: it's about to get wild!
I say, default on the debt. You and I didn't borrow it, didn't spend it and should feel no obligation to pay it back. What's that? Then no one would trust the government and loan them money? Aw, that is so sad.
Rex,
Doesn't work like that. When Dad got paid, went to the track & lost it all, got evicted from the apartment, us kids/mom didn't spend that $, but paid the consequences. We all will pay for our failed leaders mistakes on both sides of the isle.
And that's the best reason to eliminate sovereign immunity for ALL public serpents, from the top to the bottom, and all levels of government. No one should be immune from liability for the damage caused by their actions.