Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Boogieman

Maybe you should consider not running a country on debt? I’m not supportive of this debt based economy. The country is basically run off of debt swaps in perpetuity. Insurance when you don’t actually have the money to cover the claims. The whole system is a scam and the people on forums like this and Twitter are fools who carry the bags in the end. All the while defending the brilliance of their masters. The more I’ve learned about how the system functions the more I’ve changed my thinking of all these debates.


16 posted on 04/14/2022 8:35:11 AM PDT by wiseprince (Me,)
[ Post Reply | Private Reply | To 14 | View Replies ]


To: wiseprince

“Maybe you should consider not running a country on debt? I’m not supportive of this debt based economy.”

Running in permanent debt is foolish, but every country incurs debt; it’s inevitable.

Think of it, instead of like a government, as a business. A business that is competing with all the other countries in the world. If your business is completely unwilling to incur debt, then you will miss opportunities that other businesses who will take on debt can capitalize on. So ruling out debt completely is also foolish in the long run.


18 posted on 04/14/2022 8:44:54 AM PDT by Boogieman
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson