Earlier quoted context omitted.
Things did get better globally, even if marginally for most, but at what price. If I take out a loan to live it up for a year, but then have no way of paying it back, because I haven't invested the money into anything substantial did things really got better for me? With the Industrial Revolution, and later the Green Revolution we began accumulating a debt. All the gains we made were borrowed against the future. This…
"If I take out a loan to live it up for a year, but then have no way of paying it back, because I haven't invested the money into anything substantial did things really got better for me?" Yes. Because those you spent it with must have, or you wouldn't have been able to buy anything with it. Therefore you caused things to happen that wouldn't otherwise have happened. Debt is one of human's greatest inventions. It's w…
> Yes. Because those you spent it with must have, or you wouldn't have been able to buy anything with it
This just means that the people that you paid have better lives but you haven't explained how things are better are better for yourself unless you have some way of paying that debt back.