Re: The Debt Trap

At Sun, 16 Aug 2026 21:58:33 GMT, Dude <[email protected]> wrote:

> 
> 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!

I didn't know he's a red-baiting phobe, to boot!

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