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40 sats \ 3 replies \ @freetx 7h \ parent \ on: Charted: U.S. National Debt, as a Percent of GDP (1900-2035P) econ
This is why I think a SBR is such a good idea....not for some silly notion that we will use bitcoin to "pay off the debt", rather a national SBR will encourage and greenlight everyone to adopt a bitcoin standard.
The only hope we really have is to "soft-land" everyone into a bitcoin standard, and let the debt and dollar just zoom away...
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52 sats \ 1 reply \ @Bell_curve 7h
This debt ratio today is embarrassing, at least in 1945 we could use a world war as an excuse for racking up debt
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9 sats \ 0 replies \ @Undisciplined 6h
Clearly you're forgetting about the Global War on Terror. I'm sure that'll wrap up any day now and all the excessive spending will go away.
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20 sats \ 0 replies \ @Undisciplined 6h
I can't imagine there's going to be a soft landing on this. The wealth transfer as this debt gets defaulted on is going to be insane.
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