2020 US Election Thread

[OccultHawk]

I don’t know how literal you’re being but ain’t nothing can’t fail

[Lisnaholic]

Here's a cool graphic that shows the proportion of global debt per country:-



America, naturally is a big chunk, but to see a country's debt vulnerability you have to check its colour with the horizontal scale at the bottom; the countries in bad shape are the yellow ones. They are the ones who can't afford to borrow their way out of the covid economic crisis. Although a little closer to yellow than Britain, the US looks ok at a glance.

Of course as we know from personal experience, the significant thing about a debt is how you spent the money. A student loan or a mortgage on a house is with luck a good investment; a debt incurred because you fancied a trip round the world, probably not so much. I wonder what the US and UK have to show for their debts: a solid house, or an album full of faded photos: "Yeah, we had an amazing time!"

[OccultHawk]

Of course as we know from personal experience, the significant thing about a debt is how you spent the money. A student loan or a mortgage on a house is with luck a good investment; a debt incurred because you fancied a trip round the world, probably not so much. I wonder what the US and UK have to show for their debts: a solid house, or an album full of faded photos: "Yeah, we had an amazing time!"

Considering the temporary nature of existence imo you’re underestimating the value of experience.

My violence is a dream
A 'real dream'
A skinny arm
A crush on living sin
My violence
Is a sleeping head
Nodding out to rising bliss
I left home for experience
Carved 'suk for honesty' on my chest
My violence is the number
Coming out of prayer
Find it in the father
Find it in a girl
There's a thing in my memory
Hoilding on for dear life
With a feeling of secrets
Beating up under my flesh
My tongue is tied
I'm sleeping nights awake
Tom violence is a dream
Coming out of a girl

The economy and money itself is a social construct. I don’t think America can borrow into perpetuity and I believe economic models claiming it can are contiguous wishful musings. Nonetheless, imo America’s real problem is a crisis of faith. Sure there are economic mechanisms that shield America from the piper but as faith disintegrates the shield crumbles.

On a secondary note, wow, Japan is in a ****ing pickle.

Third, Americans cannot eat missiles.

[Lisnaholic]

Originally Posted by OccultHawk

Considering the temporary nature of existence imo you’re underestimating the value of experience.

That's a good old hippie-era philosophical debate right there! I'm aware that like so many, I put "value of experience" to one side, or rather traded it in for the experience of comfort and security.

And as we started out with national politics as the topic, I bet secure investment wins over vivid experience: What do we want to hear from a local councillor: "We have good infrastructure" or "Wow! We sure had a blast, didn't we?"

[Frownland]

Originally Posted by elphenor

nobody even knows how much debt the US can take on before it really matters

we're a bit like Trump in that regard, our brand is too big to fail even as we make one stupid decision after another

I'm pretty sure that China's recent infrastructure assistance in Africa is a form of alliance building for when the u.s. debt comes due because they know that the u.s. will fight any payment requests and ensuing sanctions.

[OccultHawk]

I'm aware that like so many, I put "value of experience" to one side, or rather traded it in for the experience of comfort and security.

From what I know about your life it seems to me you’ve enjoyed both.

What do we want to hear from a local councillor: "We have good infrastructure" or "Wow! We sure had a blast, didn't we?"

I might take the blast if I were included.

[OccultHawk]

Originally Posted by Frownland

I'm pretty sure that China's recent infrastructure assistance in Africa is a form of alliance building for when the u.s. debt comes due because they know that the u.s. will fight any payment requests and ensuing sanctions.

As the economies equalize America’s buying power will decline and when America’s buying power declines China will be less inclined to loan money since it won’t be cycled back into their economy through American purchase of their exports. That’s when China will be incentivized to take back what is rightfully hers. Next thing you know America is the new Taiwan with the new SARS to go with it.

[The Batlord]

Rightfully hers? God you're a moron.

[OccultHawk]

Originally Posted by elphenor

past generations seemed to have gone for the latter

for example, the climate change problem, most people might say "yeah I want investments into that", but when it comes down to paying 2-3 times as much for your electricity bill in the short term...

France tried the gas tax (which I think in theory is totally responsible) and riots followed

It was a regressive tax though. Fuel should be nationalized and distributed equally without consideration of wealth.

[OccultHawk]

Originally Posted by The Batlord

Rightfully hers? God you're a moron.

China’s gonna rip this **** hole to shreds... boohoo