|
|
|
|
|
by rpdillon
140 days ago
|
|
Every sentence here seems reasonable, weird to see it gray. I really do wonder what's going to end up happening with the debt...I think we've crossed the point of no return, but I'm not sure. Interest on the debt now exceeds military spending, and US military spending is about 40% of all NATO defense spending. I've thought about this since I was young, and was fascinated that no one thought it was going to become a problem. There was a nice moment in the late 90s where the US reduced debt, but that was a blip. |
|
All the petrodollar stuff seems like they are trying to keep the dollar valuable while it hyperinflates AKA knock everyone else's value down while being the most valuable even if it is like $1 trillion to $1 today