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In Reply to: Investing money posted by E-Stat on October 13, 2021 at 08:02:19:
and you will smile and believe your leader was good for the economy.Unfortunately that is just another mechanism to force those who aren't in the market to subsidize the wealth of the investor. Ie. eventually that debt bill needs to be paid and it will be paid from public funds - thus those who could not invest will lose the services they require (so that rich people could have their own slice and more). And oddly when the balloon crashes the vast majority of self sufficient working folks will lose their asses having been forced into inflating the speculative market with their own retirement dreams (ie. risky and getting riskier 401k plan via the ongoing lessening of regulations). But the filthy rich who have moved much of their wealth into offshore accounts will scurry off to their ski chalet or their private island and congratulate each other on their smooth moves.
Government debt is just another way for the working man to subsidize the wealthy.
Edits: 10/15/21 10/15/21
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Follow Ups
- Laugh and gubment will make the debt slice bigger to prop up the value of investments - Goober58 00:45:56 10/15/21 (5)
- RE: Laugh and gubment will make the debt slice bigger to prop up the value of investments - tweaker456 01:33:01 10/15/21 (4)
- "I do admit that when republicons get in power and drastically lower the Federal debt..." - b.l.zeebub 02:59:50 10/17/21 (1)
- RE: "I do admit that when republicons get in power and drastically lower the Federal debt..." - tweaker456 09:48:02 10/17/21 (0)
- So when they confiscate our wealth to pay the debt.... - Goober58 08:18:42 10/15/21 (1)
- RE: So when they confiscate our wealth to pay the debt.... - tweaker456 02:03:38 10/17/21 (0)