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re: Do you believe government financial collapse is inevitable?

Posted on 4/29/24 at 6:16 am to
Posted by OccamsStubble
Member since Aug 2019
5116 posts
Posted on 4/29/24 at 6:16 am to
quote:


2. Almost everyone who gets all of the data realizes that supporting Ukraine and Israel is vital.


If this rampant overspending leads to fiscal collapse, and it will, then Ukraine and Israel will be the least of our worries. And when WE call THEM for help, there'll be no one there to take the call.

We. Are. Broke. Every conversation about printing money to cover overspending should start there.
Posted by frogtown
Member since Aug 2017
5064 posts
Posted on 4/29/24 at 6:22 am to
quote:

We. Are. Broke. Every conversation about printing money to cover overspending should start there.


Reminds me of the Biden clown show when he first got into office. He said repeatedly "money is cheap, so let's spend it".

Compare that to Milei who repeatedly uses the phrase "no hay plata". Translated "there is no money".

The US needs to find our version of Milei.
This post was edited on 4/29/24 at 6:29 am
Posted by Penrod
Member since Jan 2011
39960 posts
Posted on 4/29/24 at 11:58 am to
quote:

If this rampant overspending leads to fiscal collapse, and it will, then Ukraine and Israel will be the least of our worries.

The rampant overspending is not on foreign policy. It is wasteful social programs, a bloated and ineffective military and interest on debt.
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