You Can't DOGE the Debt \ stacker news ~econ

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You Can't DOGE the Debt www.tftc.io/doge-us-debt/

245 sats \ 8 comments \ @User21000000 14 Feb econ

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0 sats \ 1 reply \ @d680ecaa8e 14 Feb

Debt of dogecoin may complicate things

0 sats \ 0 replies \ @User21000000 OP 14 Feb

Yes we don’t want any of that

0 sats \ 1 reply \ @BitcoinIsTheFuture 14 Feb

Peeing in the ocean trying to change the temperature?

0 sats \ 0 replies \ @User21000000 OP 14 Feb

That’s a lot of pee

0 sats \ 1 reply \ @Bell_curve 14 Feb

This thesis becomes even more relevant when considering the staggering numbers we discussed. The U.S. currently faces $37 trillion in on-balance-sheet debt, plus an additional $190 trillion in unfunded liabilities from Medicare, Medicaid, and Social Security. These obligations, as Porter and I agreed, are mathematically impossible to fulfill without significant monetary debasement. This reality creates a powerful tailwind for Bitcoin adoption, as it positions the asset as one of the few viable escape hatches from a system drowning in debt.

One solution is to privatize Medicare, Medicaid and Social Security and you eliminate these unfunded liabilities

0 sats \ 0 replies \ @79c9095526 14 Feb

By privatize, do we mean reduce quality of care, go back on the promises we made to people who paid into the programs and inserts tons of leeches into the system that will profit off the system?

I'm all for reforming these systems, but the answer can't be let donald's healthcare billionaire friends make billions off it while americans suffer.

Donald said we spend the most per pupil and have the worst education results amongst 1st world countries. He said the only solution is the nuke the system.