Re: The Debt Trap

dart200 <[email protected]> posted:

> On 8/16/26 11:29 AM, Creon wrote:
> > At Sun, 16 Aug 2026 10:43:01 -0700, dart200
> > <[email protected]> wrote:
> > 
> >> On 8/16/26 10:17 AM, Dude wrote:
> >>>
> >>> dart200 <[email protected]> posted:
> >>>
> >>>> On 8/15/26 3:45 PM, Dude wrote:
> >>>>>
> >>>>> dart200 <[email protected]> posted:
> >>>>>
> >>> <snip>
> >>>>>>>>> https://www.mauldineconomics.com/frontlinethoughts/caught-in-a-debt-trap
> >>>>>>>>
> >>>>>>>> rich people could just forgive it if they wanted ...
> >>>>>>>>
> >>>>>>> Rich people are not in debt - why would they want to pay off
> >>>>>>> your debt?
> >>>>>>
> >>>>>> those in debt do not forgive the debt moron...
> >>>>>>
> >>>>>> and it's the rich people who hold the debt, so ofc they can
> >>>>>> forgive it
> >>>>>>
> >>>>>> not that u know what forgiveness is dud
> >>>>>>
> >>>>>>>>
> >>>>>>>> and all that would change is the perception of wealth,
> >>>>>>>>
> >>>>>>> You are projecting - you're the rich kid in debt.
> >>>>>>>>
> >>>>>>>>       > not actual wealth
> >>>>>>>>
> >>>>>>> "Your health is your greatest wealth." - Adelle Davis
> >>>>>>>>
> >>>>>>>>       > #god
> >>>>>>>>
> >>>>>>> The obvious solution to the debt crises is to accelerate
> >>>>>>> economic growth. We studied this in school - 5th grade.
> >>>>>>
> >>>>>> unfortunately deciding to "just accelerate growth" is far easier
> >>>>>> said than done
> >>>>>>
> >>>>>> and we if we grow in an unsustainable manner (which we've been
> >>>>>> doing) it will obviously not be sustainable, leading to many
> >>>>>> cans getting kicked down the road - something duds like u are
> >>>>>> fantastic at doing if i don't say ...
> >>>>>>
> >>>>> It works in Scandinavia.
> >>>>>
> >>>>> The U.S. can pay down its national debt today only by running a
> >>>>> federal budget surplus—taking in more tax revenue than it spends.
> >>>>>
> >>>>> All Scandinavian and Nordic countries (Norway, Denmark, Sweden,
> >>>>> and Finland) are doing very well economically. They rank among
> >>>>> the wealthiest nations globally by GDP per capita, combining
> >>>>> free-market capitalism with strong social safety nets—a system
> >>>>> known as the Nordic Model. YMMV.
> >>>>
> >>>> bruh those countries are basically communist with their govt
> >>>> healthcare and what-have-you... what are you suggesting here dud?
> >>>>
> >>> We studied this in school:
> >>>
> >>> The Nordic system is a mixed economy, combining capitalism and
> >>> socialism.
> >>>
> >>> The Nordic countries (Denmark, Finland, Iceland, Norway, and
> >>> Sweden) are capitalist economies that combine free-market
> >>> capitalism with high levels of private ownership and robust,
> >>> tax-funded welfare states.
> >>>
> >>> Why that system works.
> >>>
> >>> A free market is an economic system based on voluntary exchange,
> >>> where prices, wages, and the distribution of goods are determined
> >>> by supply and demand.
> >>>
> >>> In a pure free market, private individuals and businesses interact
> >>> without government intervention, regulation, or subsidies.
> >>>
> >>> Prices serve as signals that determine production and consumption,
> >>> aiming for an efficient allocation of resources.
> >>>
> >>> Ownership of private property is respected and essential for market
> >>> function. Businesses compete on a level playing field, which
> >>> encourages innovation and efficiency.
> >>>
> >>> Hope this helps.
> >>
> >> well i learned from the cons around here that this is actually
> >> communism because the state owns the means of healthcare production,
> >> no idea why ur deciding to change ur story now
> > 
> > That is a necessity, similar to the fire dept. and the police dept.
> > 
> > Two things you apparently don't know about:  social necessities
> > and natural monopolies.
> > 
> > Reap it, mofo.
> > 
> 
> wow creon's a faggot and a commie??? name a more iconic duo!
> 
That should wrap up the the discussion about the national debt! 

Good work, Nick!