the debt situation is really bad. middle class is only surviving by borrowing from the future, but if the economy doesn’t improve, we just end up with a devalued currency. it’s a short-term fix. smart money is already into military AI and surveillance to maintain order when things get ugly.
The Debt Crisis: Are We Headed for Disaster?
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paul_vaultMember
Posts: 105 · Reputation: 130
#2Jun 2, 2024, 03:10 AM
totally agree about the debt being unsustainable. but this talk about the middle class is just class warfare disguised as reality. the environmental argument makes no sense either. so we cut middle class spending but let the rich keep their toys? that's just protecting wealth.
fewunderstandLegendary
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#3Jun 2, 2024, 03:58 AM
I think a lot of people could find a way out, but it won't be easy. honestly, one crazy move from a nuclear power could spark a world war. it feels like the system is designed to push the middle class into poverty. just like Slapper said, it’s rich vs poor.
the global economy is teetering on the edge of a crisis. not every country will suffer equally. some rich nations may default and turn weaker countries into resources for debt relief. it’s like the strong will enslave the weak, and we’re already seeing it happen.
kevin_atlasFull Member
Posts: 178 · Reputation: 589
#5Jun 3, 2024, 11:42 PM
Japan might be the first to go under. what choice do they have? a default could actually kickstart some growth by cleaning up the mess the government made. they can't fix their demographic issues fast enough, while other countries might take even greater hits trying to avoid the inevitable.
i skimmed through this. why so long? just get to the point. we all know debts are unpayable. are you worried about a digital prison? because we’re kind of already living in one. but saying everyone can get rich is a joke stats show wealth is being inherited more and more, not earned.