LSU-SIU
Well-Known Member
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- Jan 13, 2010
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Agreed. It has taken both parties decades to get to this point and will require both parties committed to reducing spending at the federal level. Thinking that an DC outsider like Trump who came into office in 2017 would be successful right out of the gate is disingenuous at best.
Any significant reduction at the federal level will mean reset, the private sector is unable to sustain the growth needed to pay interest on the prior. Exponential growth is a requirement for the current system.
Nobody is going to want to take responsibility for that. I wouldn't.
Once you go to a usury based system i.e. attaching interest to your medium of exchange, it all starts to go vertical at some point, that point was around 2008-2010. People thousands of years ago figured this out.
If the system doesn't generate the needed amount of new credit the system will start to collapse, see 2008. There is no out, there is only in. A simple equation that has a simple result i.e. collapse. The people that start the scam (rinse and repeat) are long gone by the time the results come down.
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