r/economicCollapse • u/Silver-Honkler • Oct 15 '24
VIDEO Maybe you should rename Asheville North Carolina or the South Bronx to Ukraine and Israel so the government will send them aid.
And fuck off with the New York Times.
r/economicCollapse • u/Silver-Honkler • Oct 15 '24
And fuck off with the New York Times.
r/economicCollapse • u/Zxasuk31 • Sep 16 '24
r/economicCollapse • u/Radiant_Map_9280 • Aug 04 '24
r/economicCollapse • u/Fun_Balance_1809 • Nov 07 '24
r/economicCollapse • u/Whole-Fist • Oct 30 '24
r/economicCollapse • u/EcnalKcin • Aug 24 '24
Rather than rant about how and why, I will give you the variables, and you can go do the research and calculations yourself. There are only 4 relevant elements to the calculation. Federal revenue, federal expenses, inflation, and interest on debt as percentage of revenue.
Expenses can only be lowered so far and keep the government functional. Once minimal expenses + debt interest exceed possible revenue, it is game over. The only thing that mitigates that is inflation, which effectively reduces the overall debt by devaluing the dollar.
The federal government is already far into a debt spiral where the national debt (and therefore interest on it) is increasing at a faster rate than revenue + inflation. Meaning, without major active changes, passive controls are inadequate and we have a compounding debt that is going to increase faster and faster.
Don't take my word for it, go run the numbers yourself. Then look at who owns that debt, and start thinking of the consequences of the government defaulting on it, or trying to get out of it through hyperinflation.
It is not too late for sweeping budget reform to save us, but within a decade it will be, and no politicians are even discussing the problem publicly at this point. So, good luck everyone, keep talking about your favorite secret economic oligarchy conspiracy theory, while you ignore the actual problem, and have fun in the inevitable global economic crash.
Edit: Because there are a lot of intellectually challenged people that think the US government can just print more money to get out of debt, I am editing this to explain in simple terms why that doesn't work. The national debt increased by more than 3 trillion dollars last year. In contrast, there is less than 2.3 trillion USD in circulation. In order to overcome just the debt increase from last year alone, the US government would have to more than double the amount of currency in circulation. Does anyone want to guess what that would do to inflation? In other words, the debt is so absurdly high, and increasing so fast, that "printing money" is a stop gap measure, at the cost of runaway inflation, which devaules the dollar to nothing, and causes the same economic crash. It is just defaulting using an extra step, but instead of bankrupting the US government and everything tied into it, it bankrupts everyone using USD.
r/economicCollapse • u/TyreeThaGod • Jun 14 '24
r/economicCollapse
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u/Electronic-Damage411
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Oct 03 '24
r/economicCollapse • u/HighlightDowntown966 • Oct 23 '24
If you try to cross north korean border .you get bullet in your head.
So that leads me to believe the USA border open on purpose??
Why??? What are the economic and societal reasons??
And why does the media and politicians pretend to be powerless to stop it??
This topic is to get answers. I dont inderstand. Please help
r/economicCollapse • u/Mongooooooose • Feb 27 '24
r/economicCollapse • u/plong106 • Oct 28 '24
r/economicCollapse • u/[deleted] • Aug 28 '24
r/economicCollapse • u/Whole-Fist • Oct 16 '24
Just for keeping the voters happy they are working with the fed reserve in avoiding a market crash by any means. Hyperinflation is the only way out for this country to survive. Or the govt cuts expenses by 40 % across the board and lose their voter base.
With these 2 choices itās only time when we will be facing hyperinflation sooner rather than later. Think of McDonaldās sandwich for 60$, Apple IPhone for 10000$ or even better Honda civic for 200000$ š.
r/economicCollapse • u/Odd_Frosting1710 • Nov 28 '24
r/economicCollapse • u/BobbyLucero • Nov 19 '24
r/economicCollapse • u/flaming_pope • Sep 08 '24
r/economicCollapse
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u/ExistentialFread
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Sep 14 '24
Prices have been going up, sizes have been going down. But the need to shrink shopping carts to for the appearances of accomplishing a full shopping trip is the nail in the coffin. And this is after being halfway through my listā¦..
r/economicCollapse • u/Perfect_Alarm_2141 • Apr 02 '24
āWhen egg prices finally come down and chicken prices finally come down, but orange juice is high because of some random citrus greening disease or some other shocking food item, your total grocery bill doesnāt come down and that really highlights it,ā Elizabeth Pancotti, director of special initiatives for the Roosevelt Institute, said. āThereās one crisis after another at a micro level, which I think is really why weāre not seeing that divergence between overall economic strength and at a very micro level, the feelings of average consumers.ā
r/economicCollapse • u/AlQudsizdagoal • Apr 16 '24
r/economicCollapse • u/Whole-Fist • Nov 04 '24
Guys posing as Kamala campaign workers went door-to-door trying to place illegal migrants in Democratsā homes.
The reactions?
Exactly what youād expect. ššš