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immibis 15 hours ago

What does the public debt have to do with any of this? You're treating the problem like it's all about money (numbers on spreadsheets) rather than power (ability to make the world the way you want it to be)

TacticalCoder 15 hours ago | parent [-]

> What does the public debt have to do with any of this?

I compared it to the wealth of billionaire. Just the cost of servicing the debt is nearing $1 trillion in 2024. It's a blackhole, created by the governement.

I'm not making it about money: it's literally an article about "billionaires making democracy impossible". billionaires = money.

What's making democracy impossible are bureaucrats capturing all the wealth (Washington DC: highest GDP per capita in the US) and an ever growing government, always ever extending its reach, always ever trespassing on citizen's freedom.

I don't see billionaires as preventing me from living my life. The bureaucrats, politicians, and very left-leaning governments on the other hand...

didibus 14 hours ago | parent [-]

You don't see a link between billionaires and government? You must be blind.

Edit: Though I agree with your point about wealth capture in bureaucracy, I find inherited wealth, and billionaire estate and dynasties similarly problematic, and I think those two things are highly intertwined as each one protects each other in a form of crony capitalism.