Conversation

Notices

1. Embed this notice
   on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ (lain@lain.com)'s status on Saturday, 24-Feb-2024 00:43:39 JST on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ
   The US is already bankrupt.
   
   The federal debt is $34 trillion. Paying this back in 30 years would mean that every man, woman and child in the US would have to pay ~$450 every month. And that's without any new debt, and without unfunded liabilities (medicare etc). See https://mises.org/wire/federal-mega-debt-here-stay for the calculation.
   • Embed this notice
     PC-9801 Enjoyer (pawlicker@bae.st)'s status on Saturday, 24-Feb-2024 00:46:14 JST PC-9801 Enjoyer

     in reply to
     @lain They do this magic thing of treating debt like that dude who has credit card debt up the ass: they just hang the phone up on the collectors.
     on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ and ✙ dcc :pedomustdie: :phear_slackware: like this.
   • Embed this notice
     lebronjames76 (lebronjames76@shpposter.club)'s status on Saturday, 24-Feb-2024 00:49:07 JST lebronjames76

     in reply to
     @lain there's not a large country in the world thats not like that
     germany
     china
     russia
     all the same for all big countries (well russia keeps defaulting but basically the same)
     
     except FOR KAZAKSTAN YEAAAAAAAAAAAA
     
     
     https://www.youtube.com/watch?v=2_cYQ8WPcCc
     on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ likes this.
   • Embed this notice
     on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ (lain@lain.com)'s status on Saturday, 24-Feb-2024 00:49:41 JST on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ

     in reply to

     • lebronjames76
     @lebronjames76 yeah, they are all bankrupt
   • Embed this notice
     SlicerDicer (slicerdicer@bikeshed.party)'s status on Saturday, 24-Feb-2024 01:33:26 JST SlicerDicer

     in reply to
     @lain That’s not a problem my friend.
     
     We can hustle and bustle it out with exceptionalism come on. What do you think we are? 😂
     on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ likes this.
   • Embed this notice
     vorpuni (vorpuni@mastodon.tedomum.net)'s status on Saturday, 24-Feb-2024 01:34:01 JST vorpuni

     in reply to

     @lain
     Nothing a little hyperinflation won't fix. Everyone gets to be a billionaire!

     on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ likes this.