Quote:
Originally Posted by Sarn
How debt work))
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quite clear - and now show me the dept curve of US and tell me on wich point it went down.
as you see very good in this explanation cycles are waves. as you can not see waves in the US economy - only more dept what does not go along with the productivity you see a bankruptcy curve what is ONLY drifting in one direction.
so if you wanted to tell me something about economy you are a bit late because i am a economist and know those rules. but if you watch that video again and again you might be also able to see where the problem is when a country have a lot of debts, less income by
decreasing the taxes and even more spendings by increasing the interest rates what
effects the debts again in a negative matter.