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7/13/2025, 6:34:38 AM
6/18/2025, 3:38:03 PM
>>507855116
>So it's not so much that there's so much debt, it's that if the US paid off its debt obligations and then didn't accrue any more debt nobody would care about the existence of the US anymore because they'd stop paying them off
I disagree with this guy. The debt is politicians printing money because that's how they gain and maintain power. It's the gibs factory.
The reason it never goes down is because low taxes is another version of gibs factory. It never will and someday the country will destroy itself. Fiat currency + human nature + elected officials (slippery snakes, generally) = Doom.
>So it's not so much that there's so much debt, it's that if the US paid off its debt obligations and then didn't accrue any more debt nobody would care about the existence of the US anymore because they'd stop paying them off
I disagree with this guy. The debt is politicians printing money because that's how they gain and maintain power. It's the gibs factory.
The reason it never goes down is because low taxes is another version of gibs factory. It never will and someday the country will destroy itself. Fiat currency + human nature + elected officials (slippery snakes, generally) = Doom.
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