50 sats \ 6 replies \ @IamSINGLE OP 7h \ parent \ on: Can the US manage escalating debt without triggering a fiscal crisis? econ
Longer than EU?
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11 sats \ 5 replies \ @grayruby 7h
Good question. Yes likely.
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50 sats \ 4 replies \ @IamSINGLE OP 7h
It's also the question that this article raised while comparing US debt with that of EU's. I thought they were just trying to fool people of EU by suggesting their economy is invincible but US is going to fall very soon. And then Euro will become the global currency.
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11 sats \ 3 replies \ @grayruby 7h
While debt levels might be lower, Euro nations have a lot more problems in my opinion than the US. Lack of energy independence. Socialist leaning governance. Strong members need to keep weak members of European Union propped up.
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50 sats \ 2 replies \ @IamSINGLE OP 7h
Thanks. Can we add their green revolution propoganda to the list that will be the reason for their fall?
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11 sats \ 1 reply \ @grayruby 7h
That ties both into the energy independence issue and socialist governance issue.
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50 sats \ 0 replies \ @IamSINGLE OP 7h
Yes, definitely. I just went with my emotions. I only blame Green propoganda for the decaying economy of Europe.
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