the US national debt as it is now cannot be paid off in any meaningful sense - P.A.G.A.N.

It's just too large. It's monopoly money now. If the US government miraculously started doing $100 billion annual budget surpluses, it would take 30 years to pay the debt. And there's no chance they will produce a $1 surplus let alone $1e11. The people at the top do not take debt seriously any more, they simply invent dollars and then hand them to their mates. It's a bit depressing, really.

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How Civilizations Develop and Finally Die, According to Arnold Toynbee - SureThing, 2024-06-25, 02:49
- I'm not a classicist - Cornpop Sutton, 2024-06-25, 15:42
  - the US national debt as it is now cannot be paid off in any meaningful sense - ,ndo, 2024-06-26, 05:06
    - The debt is a great example of exploitation on a mass scale - Cornpop Sutton, 2024-06-26, 14:19
      - Modern Monetary Theory - National Debt Is An Illusion - FSK, 2024-06-27, 09:34
  - I'm not a classicist - JoFrance, 2024-06-26, 21:00
- How Civilizations Develop and Finally Die, According to Arnold Toynbee - ,ndo, 2024-06-26, 05:17
  - How Civilizations Develop and Finally Die, According to Arnold Toynbee - Cornpop Sutton, 2024-06-26, 13:59

P.A.G.A.N. - People Against Goodness And Normalcy

the US national debt as it is now cannot be paid off in any meaningful sense (Public Board)