usa entering their dying mall phase. cant wait to go to the spirit halloween at the lincoln memorial
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It doesn't sound so bad. If the average person was a country, buying a house would put their debt at over 1000% of their GDP.
yep. I'm curious what kind of country I'll be living in after. We all see ourselves as American (those of us who are such) but certainly we'd crack up into a few countries. It's always the disccussion of "It's going to collapse! It's going to collapes!" We should seriously be talking about what the region is going to look like AFTER the collapse and what we can do to prepare for it now.
If for no other reason than the ability to do so would be gone while the reformation happens.
I'm not going to argue this is good, but debt isn't bad either. If you're taking on debt to invest in the future, it's a good idea if the expected returns are greater than the cost + interest, which it often is for the state. That's an easy balance to make.
However, investing in missiles and shit, which are expended, is fucking stupid. You pay to build them, they cause damage (which is negative gain usually), and then they're gone. If you invest in education, healthcare, or infrastructure, it's easy to be positive. It's crazy that's so hard to get done.
Yup, definitely fulfilling the MAGAt fever dream of his running the country like his businesses, which is into the ground.
I would sincerely like to know what he hasn't run into the ground... other than his current Wife since I haven't seen anything yet about her being found dead of an accidental fall yet.
Best we can do is a ballroom, oh and a new Middle Eastern war
And the beginnings of our very own holocaust.
I'd venture to guess it's far more than beginnings and we just don't know yet.
Don't forget the Arc Du Trump.

Also federally defunded generations of scientists so that other countries will benefit from their expertise, ensuring that other global powers will be leading the charge and reaping the rewards of new, lucrative technologies.
Lot more money and power going byebye for a lot longer than just the current ledger.

don't worry, it will be promptly fixed by firing people responsible for the statistics...
Looking forward to the US collapsing under the weight of its own incompetence.
I'm actually terrified of this. With all it's flaws and even evilness - I/we can't ignore the fact that it was keeping other major powers in check. China would far more likely invade Taiwan and likely whatever else they want, I'm in Baltics so.. Russia won't be so scared to attack it. Shipping lanes and global transportation of goods will no longer be protected by US (where credit is due, they really cared about it, up until Trump), other powers like Pakistan, Turkey and Venezuela might get funny ideas, etc.
Ironically, world without US would look less secure to me
Is it possible that your security is unsustainably expensive and comes from the exploitation of human rights in other places? Why was it necessary for the people of Afghanistan, Iran, Iraq, Syria, Yemen, Somalia, Nigeria, Libya, and others, to pay for your perceived security?
I also find it hard to believe that China has had little military engagement for the last 25 years because it's worried about the US. Up until 5 years ago it was the US's top foreign Treasury security owner.
Ironically, world without US would look less secure to me
On the other hand, the world wouldn't have wars and coups, caused by the USA.
Do you honestly believe there would be less wars overall without US? Actually think about this
Yes. Especially within South America.
Sooo... Currently unstable regions get a bit less unstable and stable regions get to become unstable? I guess we would be nicely averaging out then. Is this us government communist after all? Equality for all, but not the equality anyone desired! :(
/s incase it wasn't obvious
Stable for who though? Stability has not been my lived experience in the states.
I, too, am actually terrified of this yet still looking forward to it.
If the US goes down, they won't be able to NIMBY over South America. Those countries can rise to prominence on the world stage.
Yeah, because the US military is just going to vanish if the government collapses.
All those aircraft carriers, nuclear subs, and land based missiles will just leave.
Gotta pay and feed your soldiers and sailors and pilots to keep that military running.
Good news, we won't have to feed them with tax dollars. Bad news is the people building data centers that are part of a kill chain are now feeding the soldiers
The US military will be too busy with power struggles to care about South America.
They'll likely be subdivided between costal states and be scrapped. A lot of that shit is non-viable to maintain if you aren't the US, if memory serves right aircraft carriers are generally built in Maine for example kinda doubt South Carolina has the infrastructure to maintain one.
Mind you that's assuming a lot of things going a relatively specific way but I can't imagine even a reduced federal government maintaining any of the fleets.
South Carolina might not have the ships, but we got the nukes lol
My point was moreso that no individual state would have the resources or even infrastructure to properly maintain the various ships in the US Navy. I suspect that for any who would try (assuming new federations and unions don't pop up) would basically be stuck with the same issue as Russia with that one aircraft carrier.
I was trying to play into it in a more macabre manner. I was hoping to imply that in the event of the collapse of the US, the states would go free for all and protect resources. I have no doubt that South Carolina would try to keep as many weapons as we manufacture. It's a fun hypothetical to think about. The level of chaos that would ensue. It's fascinating, really.
Same
And still have triple AAA rating 🤔
This seems like a very big deal, but I'm no financialologist
The project Squeezing America Dry (formerly Draining the Swamp) is complete.
The Great American Fire Sale isn't over yet.
On federal level the deficit is actually the sum of wealth the US gov injects/ed into its economy. There is no such thing as 'my taxdollar' on fed level. The gov proposes policy, congress ok's it and FedRes pays the bills. Through creation of new money from the 12 magic computers Elon discovered during his doge tenure.
Not so on state level: states have no monopoly over a currency and have to hold up their own pants or go bankrupt. 'My taxdollar' absolutely applies on state level.
Source: MMT/Sectoral Balances
Maybe we shouldn't spend so much on the military then
The United States casino.
Yes. Us.
Israel has the US to fund their economy. The US will need a similar sponsor to turn up or fail in the worst possible manner (if it isn't already too late).
Land of the free! Just not free of debt though nobody is I suppose.