In 2010 the Greek government was caught misreporting their economic data. This caused creditors to lose faith in their bonds which sent yields skyrocketing.

When yields skyrocket, that means it costs government debt skyrockets even further because the lending costs have increased. Its basically economic quicksand and they will begin to sink even deeper.

>https://en.wikipedia.org/wiki/Greek_government-debt_crisis#2010_revelations_and_IMF_bailout
>Fraudulent statistics, revisions and controversies
>To keep within the monetary union guidelines, the government of Greece for many years simply misreported economic statistics.[99][100] The areas in which Greece's deficit and debt statistics did not follow common European Union rules spanned about a dozen different areas outlined and explained in two European Commission/Eurostat reports, from January 2010 (including its very detailed and candid annex) and from November 2010.

The result of this was the near-collapse of the entire Greek government. It was saved only narrowly by an EU bailout because Greece is not nearly as big of an economy as the USA. When this happens to the USA we will not have anyone to bail us out and it will spell the end of the west.

The question we need to be asking ourselves right now is "is the USA misreporting its data"?

Because there seems to be a pretty big gap between the inflation data we're receiving...and some other information...and...reality.

We're already having economists raise doubts over the verifiability of the USA's inflation data.
>https://theweek.com/business/economy/inflation-data-economy-trump-tariffs-cpi

>>510530957 (OP)
>When this happens to the USA we will not have anyone to bail us out and it will spell the end of the west.

Last time China bailed you out, then you made an enemy out of them, so even though they could bail you out again, they won't. The Saudis could perhaps do it though.

>>510532108
When did China bail America out?

Chinese GDP data is untrustable the most.
They say their GDP is +5% but their imports are -4%. That's unnatural.

>>510530957 (OP)
>could be
lol
yes it 100% is

>>510533618
No reason to think that. China has implemented policies in recent years to decrease reliance on importing.

Inflation data and unemployment data is manipulated for like three decades

>>510530957 (OP)
The Timeless Truth About Tyranny According To Aristotle. He predicted that governments would prefer foreigners and hate its people.

https://youtu.be/2gkYbrzMAE4?si=eFxyzmjeydjFf5hr

The US delinked housing prices from its inflation calculations back in like the 80's, but I'm sure every other country followed so as not to look like shitholes. But yeah, basically housing inflation is like 400% over 30 years or something ridiculous which shows massive economic turmoil. Bush collapsed the world economy in 2008 by selling houses to niggers with 0 credit. Basically the world economy is on borrowed time and stuff like AI and green energy is a feint to get people to invest in something before it implodes

>>510536149
My grandma bought her house for like 6 grand and now it's worth like 250,000. There's cinderblock shitshacks that mexicans made in LA in the 70's that are worth half a million

>>510536149
>>510536519
I gave up on pretty much everything above sustenance level because of this. If you can't even afford a house, even a small fixer-upper, you're effectively closed off from every other aspect of adulthood. So what really is the point? It's not even worth trying for anything else because it's meaningless without some stake in society and something that separates you from and indicates to women you are not a teenage boy.

>>510536804
You don't want a mortgage?

I legitimately can't wait for boomers to all lose their asses when the housing market finally does implode. These fuckers didn't save a dime their entire lives, their overpriced carboard boxes is all they have to hold over us anymore.

>>510536928
I do not want further Jews in my life, no.

>>510537050
mortgage
etymology
"Dead Pledge"
"A pledge until somebody dies"
>people consider making a death binding pledge to a bank to be a milestone

>>510533926
im shocked their hands havent turned blue yet

>>510537136
It's a lot easier to not be envious of people's success when you realize it's all completely fake and paid for with debt. Retards are taking out huge loans to buy stupid massive SUVs and then beating them to shit as Ubers trying to pay them off. The people who haven't caught onto the scam at this stage are pitiful creatures, they work so hard for nothing and no one can stop them hustle n grind nigga

>>510530957 (OP)
America *CANT* go bankrupt because we print the global reserve currency. As long as the eurodollar market can keep absorbing USD everything will be ok. The problem is if USD gets TOO expensive it will buckbreak every other currency and cause a global great depression

>>510537463
I've been meeting people my entire life buying shit off of facebook thinking it's a sweet deal and losing money. I have some new neighbors that have already filled their driveway with facebook flips and completely rotated their inventory. He has an engine puller in his front yard so he can't be that bad

>>510539416
Then again I've met people that buy stolen shit off of facebook, and oddly enough those are the people hopping to get a mortgage