| ▲ | thewebguyd an hour ago | |
And that's how you get a new war. Line must go up isn't only for the corps, its for US GOV debt too. Interest payments are already close to $1 trillion. As soon as GDP growth doesn't stay ahead of the compounding interest, the music stops. The line must go up or you get a sovereign deb crisis. When all other avenues are expended, the gov must force the economy to expand by any means necessary. Historically, that meant war. | ||
| ▲ | mschuster91 18 minutes ago | parent [-] | |
Government debt can go down too. Democrat governments have been historically pretty good at balancing the budgets - only for their Republican successors to waste all of the effort on tax cuts for the rich and, yes, yet another dipshit war. | ||