Quote:
Originally Posted by AmeliaG
Do you not understand the wide regulatory shifts in access to capital from the past decade?
|
I think I know quite a lot about this things.
Quote:
|
Government debt is separate.
|
Of course, the national debt has to be seen separately from the private debt, but it is exactly this private debt that ultimately leads to the state earning less and less because less and less is spent on consumption, which, as we know, is followed by production.
Quote:
|
Intuitively, I feel like it could be bad, but, other than Bill Clinton's administration (which also enabled the supposed housing crisis by deregulating banks, same as Reagan with the S&L on a smaller scale)
|
I think Clinton knew that too. But unfortunately american politics is made from lobbies and the democratic system is a pure pharse.
I donīt know why anybody can think that this system is worth a penny. There are better forms of democracy in 3rd world countries.
Quote:
when has a modern era US administration gone the austerity route and, really, why should they?
|
they simply can not because it is impossible to become the POTUS by telling the truth.
americans WANT to hear this lies of power glamour and prosperity.
I donīt know if they are simply stupid or give a fuck on the next generation.
Quote:
|
What nation state has the power to cut up the USA's credit card?
|
It has not much to do with power as with the fact, that nobody will lend money or invest in a dead horse.
this is why actually all economists in the fucking world thinking how to replace the US in the worldīs economy. and it is already going on - the US was the no. one economy in the world and is now the number 3.
and nobody on this planet cries if it will be number 20 or 50 because it will be ANOTHER number 3 what is more reliable and trustworthy.
this money that was lend to the US for help the US to CONSUME AND IMPORT from others will go somewhere else. it is that simple and all indicators around proves it.
the real base of the american buying power are not the citizens not the military and not the government. these are the big multinational companies. and if the have to chose between losing the US market or the world market - guess what they will do.
what some obviously don't understand is the fact that the world needs america, but only in part. on the other hand, america's success is 100% dependent on the world. a world that since trump more and more turns away from america.