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0 sats \ 1 reply \ @Bell_curve 14 Feb \ on: You Can't DOGE the Debt econ
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
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.
Well, healthcare is even worse.
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