Comment on Its still possible but harder with each passing generation
mayonesa@wolfballs.com 2 years agoNot to mention the Dust Bowl and Great Depression. That was a little earlier. The point about Boomers is this: no diversity, fewer people, less bureaucracy and red tape, therefore life was less expensive in most of the big areas even if some stuff like refrigerators were more expensive.
sj_zero@lotide.fbxl.net 2 years ago
I'd be the first to admit that we need a lot less government, and a lot less people sticking their fingers in our lives. My prediction is that the government must collapse soon and shrink, because we're coming up against hard limits to the amount of spending and debt a government can do. The rule so far has been doubling the debt every 10 years or so. that being the case, you'll see 64T of federal debt, and at that point you're well into a sovereign debt crisis.
mayonesa@wolfballs.com 2 years ago
Democracy Inc is broke worldwide. The debt bomb is just kicking off. We cover this with our next news update.