Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (21) |
Author: onepoorguy 🐝  😊 😞
Number: of 77774 
Subject: Re: How Europe wrecked itself
Date: 12/02/25 3:47 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
These problems will not be fixed by the Republican Party.

Agreed. Since I was old enough to vote, the Reps have only made the deficit/debt worse. Very consistantly.

...may make it impossible for any democracy-saving solution to be found.

Let's make the math easy. Say 300M people, and a $30T debt. That's $100K per every man/woman/child in this country. I don't think that can be done. Start eliminating those people than don't have the means (which is probably 90%+ of the population), and you're looking at maybe 30M people shouldering most of that burden. Even fixing our tax system probably can't do it at this point.

Not a macro-economist, but I suspect we are headed to a default simply because no one can reasonably believe we can meet that debt obligation.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (21) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds