Earlier quoted context omitted.
Not true. There was a real coup attempt across several states and a disorganized mob.
> There was a real coup attempt across several states Can you elaborate on that?
The debt problem is enormous, and the system for fixing it is broken
31–40 of 109 posts
Re: The debt problem is enormous, and the system for fixing it is broken
#32It's easy to solve the debt crisis. Just cancel the debts. The issue these countries have is they lost their sovereignty by getting into debt in a currency they don't control. Going into debt in a foreign currency means you lose sovereignty. Better issue more money in your own currency and risk inflation instead of lose sovereignty. Because the most important thing for a state is to make sure it does what it promises…
Just tell everyone who bought treasury bills they wont be getting their money back?
Not so sure that's a great idea
Re: The debt problem is enormous, and the system for fixing it is broken
#33“In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a dictatorship and a debt default. … Therefore, we find that the debt crisis was correlated with a separatist movement – which we are beginning to see worldwide starting in Europe, but will eventually become a contagion in the United States as the conflict between left…
>Timing was pretty bang on if you consider Jan 6th as a turning point of all the things happening around that same time-frame, the Jan 6th events seem to have been some of the least impactful, aside from just being a huge talking point in these type of "world is decaying" conversations the media decided to report on that event in such a way as to draw more outrage than the other stuff -- but looking back the other st…
It's unfair to compare the single event on January 6th with every BLM protest, or every state's implementation of lockdown and the resulting clashes, etc. I'm appalled by January 6th because the representative for my district accepted his win in the November elections, went to D.C., and then voted to throw out all votes for my state as being dubious. The riot, building-storming, and literal lynch mob were the natural outcomes of months of cynical choices by politicians to control the government in spite of democratic elections. It's not a thing to let slide.
Re: The debt problem is enormous, and the system for fixing it is broken
#34Right now incentives are misaligned. Politicians have no incentive to be responsible with the money. Time to implement Warren Buffett's proposal: passing a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election. This would realign incentives - politicians who seek power will need to be fiscally responsible to attain it.
> all sitting members of Congress are ineligible for re-election
Historically this was almost always a terrible idea under most circumstances.
This would be even worse due to perfectly obvious reasons (just like the debt limit nonsense).
Re: The debt problem is enormous, and the system for fixing it is broken
#35Earlier quoted context omitted.
Not true. There was a real coup attempt across several states and a disorganized mob.
> There was a real coup attempt across several states Can you elaborate on that?
https://en.wikipedia.org/wiki/Attempts_to_overturn_the_2020_...
The most important ones are the fake electors scheme, the phone call to Brian Kemp, and numerous attempts to steal or tamper with voting machines.
Re: The debt problem is enormous, and the system for fixing it is broken
#36Earlier quoted context omitted.
Not true. There was a real coup attempt across several states and a disorganized mob.
> There was a real coup attempt across several states Can you elaborate on that?
Probably referring to https://en.wikipedia.org/wiki/Trump_fake_electors_plot
Re: The debt problem is enormous, and the system for fixing it is broken
#37It's easy to solve the debt crisis. Just cancel the debts. The issue these countries have is they lost their sovereignty by getting into debt in a currency they don't control. Going into debt in a foreign currency means you lose sovereignty. Better issue more money in your own currency and risk inflation instead of lose sovereignty. Because the most important thing for a state is to make sure it does what it promises…
> Debts just need to be cancelled. It's
AFAIK that's unconstitutional in the US at least.
Re: The debt problem is enormous, and the system for fixing it is broken
#38Right now incentives are misaligned. Politicians have no incentive to be responsible with the money. Time to implement Warren Buffett's proposal: passing a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election. This would realign incentives - politicians who seek power will need to be fiscally responsible to attain it.
Seems pretty braindead. They are the ones who pass the laws, so nothing would stop them from passing another law to undo it.
Re: The debt problem is enormous, and the system for fixing it is broken
#39I feel like our monetary system as a way of balancing resources is failing, most of the debt nowadays doesn't really matter and doesn't represent what actually happens in the economy.
Re: The debt problem is enormous, and the system for fixing it is broken
#40I've been saying this for 5 years straight. I explained in great detail what was wrong and how to fix it but was suppressed on social media. Now that it has become obvious that I was right all along, I'm still suppressed and those who created the problem and suppressed me have the largest following they've ever had as they lead us all deeper and deeper into the catastrophe.