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by adamtaylor_13 451 days ago
Do they have proof that 33+ trillion dollars in debt will begin snowballing larger than any country can actually service?

Do we need specific evidence about how debt interest works?

Sorry for how snarky this sounds but your response sounds like you don’t believe that the interest on over 33 trillion dollars is a big deal (and it’s growing…)

Please educate me if that’s not how interest or debt works (again I am dead serious here) but it seems disingenuous to claim that some sort of proof is required to point at the debt and say “Ah that’s not a problem unless you PROVE it’s a problem”

1 comments

Big scary number does not mean system is broken. That is hysteria. I am not the one making generalized statements about financial apocalypse without some sort of notion of proof. Studies, links, evidence if you’re going to cry apocalypse and be taken seriously.