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102 sats \ 1 reply \ @Undisciplined 5h \ on: Japan's stimulus to be worth $135 billion, largest since pandemic, draft shows econ
It reminds me so much of all the cooky perpetual motion machines people thought they had invented.
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0 sats \ 0 replies \ @Scoresby OP 4h
Right, accept this one affects an entire country.
I want to yell that the emperor's naked, but I get the sense that society in general right now might respond: so?
The US debt has gone from $8T to $38T in the last 20 years and apparently it doesn't matter. Prices go up, taxes go up, but it's not like anything really broke...other than a recession or two. It's there were consequences for the people who decided to spend the money.
It can't go on forever, but how long can it go on?
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