This is normal

>Belgium more debt and lower GDP than the Netherlands

Bhahaha, eternally BTFO, holy God.

US is not the point. The Moab is though (mother of all bubbles). We went from an institutional debt crisis to an upcoming monetary debt crisis.

Damn, how did the japs end up with so much fucking debt? That debt to gdp ratio is scary.

not only this, but in 2018 the life expectancy in the united states is decreasing. 9 States and the territory of Puerto Rico had a decrease in population in 2018. We're not in a good spot bros.

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This is what you get when you view capitalism as a god instead of a tool for the benefit of the people, and delude yourself into thinking infinite exponential growth is possible.

I actually like the pollution aesthetic, not trying to cherrypick

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idk the more I think about this it doesnt really seem that bad. if you have a 100k income and a 300k mortgage thats a 300% debt to gdp ratio. Thats not uncommon at all. Lots of people do it like that.

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probably a lot of under-reporting
most european countries did the same shit 5-6-7 years ago.

>you now realize that the countries of the world are in a race to the bottom with no value anchor that is just getting started, i.e. can be kept up to much greater extents, and that the dominant immutable crypto will become the value anchor and increase an explosion in nominal price as the world becomes more levered

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This is what you get when there is capitalism with big government. Gold fixes itself, paper doesn’t.

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sure

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Evem big gov can be fine as long as the population is ethnically and culturally homogeneous, women don't vote and men lynch politicians when they try to betray them.

so we're essentially just borrowing money from future generations? sounds like we can keep that ponzi going forever as long as future generations keep working

based and redpilled

Absolute nonsense wont even bother arguing

I fucking hate you Jow Forumsack boomers so much. You shit up every board. You are so fucking dumb it hurts.

Jesus Ireland!

More tax on top of the 46% I already pay? Awesome

>sounds like we can keep that ponzi going forever as long as future generations keep working
Delusion. Have fun jacking off to the ever increasing GDP while your country transforms into an even more dystopian version of China where you won't see anything but concrete and steel for miles on end.

explain to me how i'm wrong then? at what point does the ponzi end? once we run out of new people?

You're not wrong. I only wonder what the timeline looks like. I think its not a matter of if, but when. I've been thinking that this credit crunch is going to happen any day now for about 5 years. It takes a toll on your psyche. Will it be in 2 years? 5 years? 10? Just when you think the wheels are about to fall off, it just keeps going.

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>He never watched Princes of Yen

can you annoying tinfoil hats please go back to /x/? this is the business board. Thanks.

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how many years ago was this phone taken? 20? 30?

How do know the phone was taken?

>argentina
>nigeria
>in the top spots of a power distribution
top kek

Nigga what