Bitcoin Forum

Debt goes up
Misogynist skyrocket due to lock down, (prove me wrong otherwise)
Stock market goes up (according to trump it’s going up everything is good for himself only)
Fenimazi definitely on the upward trajectory
Incel also shooting up thru the roof???
What’s even good compare to 2008??? No lock down in 2008.

Don't expect things and the economy to be just the way it was back 50years ago ;D
At least, this is the first time I have witnessed a global lockdown, what about you ?
Covid-19 was never in 2008. And covid-19 is a heavy challenge to world economy. It is bigger than the recession a single country suffer because it is a general lockdown. So it affects the economy, just few countries are surviving the hard effect now.

Every country has its own debt and yes it will continue to rise over time even the richest country in the world has its own unbelievable debt.

The lockdown makes it more hard to people to earn money and since they have no source of income the government has to do something to help them, and developing countries can’t deal with this easily so to get more funds and to help more people, they have to borrow money from other countries and the cycle of dents continues.

I agree that it seems inevitable.

https://www.usdebtclock.org/world-debt-clock.html

When you see that the debt of countries works like clockwork, it's normal to wonder if the economic system in which we live isn't shit. Bitcoin was born to combat this, but the day when the economic system changes, if it ever does, is far away.

What I don't see is the link between incels, feminazy etc. with the economic system. 20 years ago we didn't have them and we had a lot of debt already, although less than now.

Capitalism is a process, not an end-state. It's not sustainable indefinitely. I'm not saying communism is better (it's not), just that points of crisis are to be expected, and it's the job of the government to manage them... which they are not doing very well. Debt is certainly inevitable under the current system, as the expectation of debt is what it's all built upon. Bitcoin does offer hope of greater freedom, but that's till a very long way off.

This will make the country with too much debt owes a lot in their lender. Debts been striking up in our country and it hurts to see that some poloticians didn't use it Wisely. This Pandemic we will see which country is really able to managed despite many problems happen. Debts will increase if the people in the government will not be responsible enough to really do their duties.

I feel like the lock down is not far of from incarceration, yup, think about incarcerate everybody with justice system, this time both gender are getting incarcerated indefinitely, debt is slowly eating into me no doubt, so we call it the new world order? Is it the new world order? Confused, very confuse.

Think about having too much student debt, how are we gonna repay the debt? It’s charging a hefty sum of interest rate and heavy fine. Our face will turn pale to just think. Yup, don’t pay them, and go full retarded.

Any country also needs to borrow for economic development. We are building the world on debt. There will come a time when debt balances will rise higher and central banks continue to print money to pay debts.
I don't believe in markets because they follow heterogeneous rules. This downturn is different compared to 2008 when stock indexes recover quickly and reach a new ATH. Perhaps the world has printed too much money.

That's right, an increase in debt is inevitable.  Debt is basically used to increase productivity, but this year debt is no longer running with its leverage function.  Debt increases only due to securing a country's economy for a certain period of time.  The government, which has increased in debt due to Covid, has made debt an alternative to safeguarding the socio-economic conditions of its people.  The pandemic has exacerbated the amount of national debt, especially in developing countries.  I hope, with the increase in debt, the government will be able to allocate it properly, so that the handling of Covid will end soon.  Honestly, I'm really tired of the current situation.

It has been a long time since the world faced a dangerous pandemic like this. I can't expect everything will be the same as before, especially when this virus has stolen more than 1 million lives. The lockdown is obligatory to save as many lives as we can. I know that the results will make many people lose their job. But as long as we still here, we can build anything with our own hand.

Debt is really a bad thing. It is hard to maintain our living conditions during this circumstance without having a huge debt. Just try as best as you can and I believe you will have what you deserve.

Do you think incels, feminazy existed in, 20 years ago?

Surprisingly many big businesses don’t plan to leave the communist country, despite their government promise to give some handsome tax benefit to move their plant back to their mother land. Japan firms, Korean firms, even American firm do not want to migrate their businesses back even with unbelievable promises and benefits.

Do you think the debt will have impact to everybody else include you and me?

Every system has its own advantages, the reason why most of these firms are not moving out is because of the cost of production, which is very low in places like China and Vietnam. You don't have any Union to negotiate with and there are several things like environment impact assessment that you need to pass in these places unlike developed nations, as long as people start putting profit before values these firms will not relocate

Hmmm, perhaps there is a connection between the two? ;)

Conformist SJW types and racist, sexist misanthropists alike are digging their heels in. Part of it is the economic situation coming to a head. For decades, wages have been stagnating while living costs surge. This has resulted in a new generation of angry, misguided, and broke people who can't support themselves (they depend on their parents) and are, apparently due to their pathetic lives, sexually inept. These people are lashing out, economically in the form of populism (anti-immigrant sentiment plays a big role here) and socially in the form of these protests and online communities.....Proud Boys, Patriots, etc. Essentially I think these people are largely a generational reaction to the economic situation. So was the election of Trump in 2016. In turn I think a lot of the increased SJW activity is a direct reaction to their presence online and in street rallies, etc. although it's also a manifestation of the type of left-wing populism that can erupt when the economy gets worse and worse.

This has all been coming to a head for years already. The mass unemployment caused by the corona virus lockdowns and economic contraction quickly brought it to a critical mass though.

And to boot, it made it so millions and millions of people now have way too much fucking time on their hands to go out protesting or shout their views at people for 12 hours a day online.


Markets get propped up by the Fed and Congress. Homeowners get bailed out. The lockdowns were a new twist, the amount of money printing was unprecedented, but everything else looks quite the same. That's why the market recovered so fast.

Long term reddit reader on r/ Pua, incel, lookism, and it evolve to twitter on 2017, but after a complete overhaul in 2018, most of the toxic Twitters are removed, also reddit remove most of the misogyny sub, it didn’t dry up but gaining traction with more and more forum shrooming like mushroom in recent years, excerpt from wiki

Sites

The manosphere comprises various websites, blogs, and online forums.[21] Noted sites include /r/TheRedPill, Return of Kings, A Voice for Men, PUAHate, and SlutHate.[40]

Reddit has been a popular gathering place for manosphere supporters, and several forums on the site are geared toward its ideas.[41][42] However, in the late 2010s Reddit began to take steps to discourage more extreme manosphere subreddits. Some were banned, such as /r/incels (banned in 2017) and its successor /r/braincels (banned in 2018); other subreddits such as /r/MGTOW and /r/TheRedPill have been "quarantined", meaning that a warning is displayed to users about the content of the subreddit and users must sign in before they're allowed to enter.[43][44][45][46] As a result, some of these communities have found new homes on websites that are more welcoming of extreme content, such as Gab.[46]

My observation so far.

Home owner get bailout? I think they getting some fancy refinance package, it’s hardly a bailout. But everybody seem to accept that happily.

It is just normal that the debt goes up for every country that is directly affected by the pandemic do have that because not all countries do have a pretty rich economy to support its people most specially on the third world countries for they are lacking of resources and the capability to create ways on how they can have funds as of the moment. There is nothing wrong on having debts right now for we are currently on a crisis and one of the thing to keep up and survive this crisis for the sake of the people is to borrow money that will be paid of course once everything gets back to normal and the country's economy have already full recovered from the recession it experienced during this pandemic.

^ If you learn how business, finance, and economy works, you will know that debt is not your enemy. And you will know that financial literature and networks are the superheroes. In the situation that we have right now, debt is the best option for the countries to survive.
And I can tell, numbers will only be lowered but never the value. The lockdown in 2008 is nothing compared to today though. The lockdown of today is more centralized and controlled by the powerful people behind the curtain.

Debt in a national scale is not something a country can avoid, I think the efficient and proper distribution of borrowed funds is the key to utilize the full potential of a national debt.

OP seems to hate having a debt. If you are practical when it comes to finance then you could have avoided one. I do not know your lifestyle but I think it is time to be self aware whether you have the solution or you are part of the problem, stop blaming the government everything that is happening to you.

Since the pandemic started the total amount of debt increased especially the third world countries. It is inevitable, the whole economy is paralyzed, the government has no income and they will have to focus on supporting people and doing steps to lessen the spread of the virus. It is normal for countries to have debt, even when you have a business, you will have to have a debt a debt at some point to be able to survive or recover.

My country is one of the ones involved in the Chinese dragon tail strategy through the OBOR project. Besides the OBOR, the diaspora and the valuation of Chinese investment (debt) in my country is very large, but strangely enough, even though my country's government knows that Yuan is not multicurrency and our country's trade balance is always deficit with China, they made an agreement with the Chinese government to use Yuan and Rupiah in trade transactions.

In my opinion, the rupiah currency will soon weaken because the Indonesian government is too inclined towards China by making a Local Currency Settlement policy with PBoC. Through this cooperation, PBoC and Bank Central Indonesia agreed to encourage the use of local currency in the settlement of trade transactions and direct investment, with the aim to reduce dependence on the dollar. The dedolarization and Yuanization measures taken by my government will bring further pressure to my country, especially if Trump wins the 2020 election. To overcome the pandemic, the US is conducting massive QE and to avoid inflation. The dollar must be spread around the world, especially in developing countries where production increases can be high. When the dollar is not absorbed in my country, Trump will consider Indonesia a bad boy who must be disciplined. And there was a massive withdrawal of dollars from Indonesia as a result of the international market reaction to pro-China policies.

I don't really believe that debt is something that goes up or something keep on a celebrating, yeah it can be obvious that debt is inevitable because its possible that some countries might not be financial buoyant and ask for funds assistance in order to execute their project.

Everyone should know that some countries never witness or notices debt over some period of time because of management of their economy, so generalising it that debt goes up.

Here in my country, the government is really not that responsible with all the country's expenses in this pandemic.

Especially that we are in a third world country, expect that most of the people are just relying on the government's aid and employment so that the people will have money to sustain their needs. Increasing debts is not new when we are experiencing economic crisis and the government is really struggling with handling this pandemic.

No one's even prepared with this pandemic and I'm pretty sure that most of the countries are also having a hard  time recover from all of the damage that this Covid-19 brought to humanity.

if not government then who will pay the expense ? knowing that people on your country depend the most on your government . if your government wont pay the expense thier debt will just rise  and rise up to the point that it wont all be possible to be paid .

 are they going to wait for that moment to happen ?  debts isnt the only thing that is rising but prices of the products are rising as well  . its sad that salary of the poor workers are not included on the rise , this are also the reason why they end up in debt .

I’ve heard the news before about the increasing global debt and it threatens another economic crisis and unfortunately Covid-19 makes the situation more difficult to many country. Imagine those country who are not in a good position before this pandemic, they are suffering 10x right now.

Debt is inevitable, no government has no debt because this is where the money came from and corrupt officials are using this debt for their personal vendetta not all but most of them. The pandemic before and pandemic right now is totally different.

This is true they keep on taking more debt and the result is that not all of them reaches to the final consumer for what purpose they take it. In between there is so much corruption that happen in the countries that only certain percentage might reach to the actual needy. But for government they do worry much because they are in power now and in next it would be somebody else probably so tis their burden to solve crisis etc. Thus, the debt keep on rising and this pandemic has just worsened the situation.

I won't be surprised that Trump thinks that way. Our country borrowed huge amount of money to other countries we currently have trillions of debt (Philippine peso).


Covid-19 is really a huge challenge for every countries that has lots of infected cases, except for some counties, that happened to fixed that problem within short period of time. Like China. It started to them yet they had the advantage on the world economy right now, they are really good on handling the pandemic. I hope this pandemic to end soon. It literally made our world economy to decline, but gladly, every country will cope with this and will gradually positively increase their economy.

Debt increase wasn't a big deal back in the day, since there is inflation you took out a loan of 100k and you paid it back in 10 years as 200k but thanks to that 100k your company grew bigger and paying 200k over 10 years became something easier, because now you were making 1k more per month to begin right away and with inflation you start to make more and more and by the time that 10 year is over you are making over 3-4k per month more money thanks to that. Companies took out loans after loans to grow and when they grew it became easier to pay the debt for them as well.

When it became bad was the time when companies started to take out loans to pay for the regular stuff that didn't made them earn more, if you are not earning more that means your debt is hurting you and not helping you but instead of bankrupting they obviously picked the loan option to bankrupt some other time, some survived but some failed.

Yeah it’s getting numb since inflation is such a loosed cannon, people slowly giving up hope on dollar and move to crypto, the whole point of bitcoin come from the idea of out of control bailout money went out of control.

The impact of too much debt, the interest rate finally get down to zero recently, for the sake of rescuing a market meltdown and dump the oil to -$50, and just a few month everything turn back to normal? Idk what on earth is happening, the number is jumping and dumping like video game, it’s crazy.

I think most of them are fed up by the sugar coated promised given by their own politicians, how are they going to trust their government again after getting duped for a coupe of times, even voters can losing their confident on election, yeah this businessmen do not trust their government anymore knowing those promise given are unattainable, the politicians can keep going on and mourning about their promise, they simply ignore, no more trust, they didn’t even trust communism too, despite knowing communism is destinated to confiscate everything they can build in China.

Most countries got into a higher debt due to the crisis that we're in. It's a lot of crisis, health-due to the pandemic, mental-due to the lockdowns and the financial-due to the printing of more paper money and also countries that went on it to sustain their response to this pandemic.
Very inevitable, the world bank again will have a lot of money flowing in for most countries and this will create another higher percentage of inflation.

Yes. Debts is going to be inevitable particularly with this pandemic times in order to sustain the basic needs of the people especially for those who became unemployed these days. It is the responsibility of the government to provide security and safety of their people so to be able to do this, one country must seek for loans to other countries even if it means high inflation in return. It's just a sad thought that some of the government officials use this funds for their own selfish needs and wants.

Unfortunately country debt is something they will never really care about, it will always go up because they are not trying to close it to begin with, why would you want to pay your debt when you know having more and more debt would mean economy will be tied to you more and more.

If a nation has amazing economy that means they could pick any politician and the nation will be fine, but if you screw up the economy so much that people may actually start to think that opposition party may not take care of it as much as you do, so you are the one hurting the economy yet you are the one getting the benefits from it and I know that sounds silly but that is how it is for many people who are uneducated. Creating crisis that is not economical is the same, as long as there is crisis your voters will surely vote for you and not just become non-voters.

And they have to add up budget, stimulus for emergency response of the government. Another thing is to the budgeting for the upcoming vaccine, they say it wouldn't be that much and less expensive. But for the manufacturers or distributors, you know that there's already a profit that's been ready for it upon distribution for most countries. A lot has been in a bad situation because of this pandemic and we're all hoping that the vaccine will come out soon.

Once again I want to tell debt isn't so bad atleast not that bad how much some people of this forum think it is. Debt is bad when uncovered with relevent asset base. When a country issues debt in form of fiscal deficit the backing asset base is the whole GDP while when banks issue debt to their customers the relevant asset base is the charge on the assets. What happened in 2008 was this asset base's demand went straight down by around 30-40% because it was sort of bloated up by banks themselves. Think of it this way if someone takes a debt of 1 Bitcoin and then buys a house worth 1 Bitcoin and then subsequently price of 1 Bitcoin rises and house is now worth 0.8 bitcoin. Will you return the debt? No you won't. This is what happened in 2008 in very simple terms.

If we are talking about nations as a whole then it was true. Well, that's understandable because most of the countries are now struggling against covid. The longer we fight the virus, the larger the debt might be.

But terms of personal life, I can say no. Not everyone has a debt or a rising debt because some people able to find ways to make a living amidst the pandemic and also become wiser in handling their money.
I don't know where you reside and what culture do you have on your country but this one is most probably an isolated case only. You can't state that it was a clear fact. I don't see strong relevance between lock downs and being a female ;D.

Most developing countries are currently struggling due to the recession and the pandemic, that is why they have huge amount of debts because they need funds to support the financial assistance of their citizens, and support the needs of every hospitals that has COVID-19 patients.

Indeed. Most families don't have debts, even they temporarily lost their jobs or source of income because they will do everything that they can do like selling second-hand items and clothes for them to provide their everyday needs.

“It’s shooting thru the roof!”


https://i.postimg.cc/RFTKS9NJ/75-DC1815-8-C81-43-DB-AA09-5-BB69778-F4-FA.jpg

What’s worst is interest rate is finally resting on the ground, ZERO, saving wouldn’t make you any more income, it’s sick, the impact of zero rate, the long term impact, expect it!

I hope it’s normal, but none of them look normal to me, because having too much debt could drive people nut, it’s very dangerous.

Satoshi is right, everything seem to be heading to the direction, there is no returning to normal, it’s challenging to go back to normal life again, the pre 2008 normal life is gone forever and it’s never coming back.

Debt is the most destructive curse on anybody life, the second being inventory, Tim Cook called inventory “fundamentally evil”, he advocate just in time inventory and successfully turn Apple into single biggest conglomerate in existence. Yup debt is dangerous.

Its the sad truth now. Everyone in this world had been affected with this covid-19 crisis. Due to job loss, some individuals are taking some loans to cover up all the daily spending, especially the bills and the businesses to reopen.
Debts indeed is the only thing that grows larger now. Lending money is our only hope to survive, as we are waiting for the gradual opening of some industries. Even our country's governments has a lot of debts in the world bank now just to give assistance to all the needy, but still not enough to a very populous country. That is why, we also need to strive hard and be productive whenever possible to pay our debts and not be drown totally.

Developing countries are always developing countries, why do you think no developing country in the past 50 years suddenly became a world power? Almost all world powers have been one for centuries now and that is how it was designed to be. Only few like South Korea became big and China was always big under rulership but they just got better and better economically but they always had political power even when they were poor.

So, the reason why developing countries are affected most is the same fact that during a pandemic rich people get a bit less richer instead of become poorer, while poor people get fired and kicked out of house, they get everything bad happening to them. Simply put, the one that has the money will always work hard to keep that money and they will not share with you.

And everything became worse due to mishandling of funds ::). Like what's happening in our country kabayan, our government still pursue to renovate Manila Bay despite of the pandemic. Don't get me wrong, I'm not against the current administration and also not against such improvement. It is just that doing it is not on a proper timing. Imagine what a P349M can do to aid the infected people or used for buying PPEs and medical equipments tsk.

---

@Broly46 ~ I know this is your thread thus can do whatever you wanted but I think much better if you compiled your replies instead of making consecutive posts. That is a more proper way of posting. No offense meant dude.

Debts go up and so do asset prices. In principle this development is only bad for those who own cash or Fiat. Sooner or later debts will be offset by inflation and therefore those who hold valuable assets will have advantages, all others will lose. In this point history repeats itself again and again. Unfortunately.

Today, the problems are only getting worse due to various reasons, and for example, the national currency is depreciating at a large rate in the country, while the level of GDP has decreased by several percent over the past six months. In addition, the state budget for next year is practically supplemented by loans from the International Monetary Fund, and the situation continues to deteriorate. At least I have a very high hope for cryptocurrency assets as a lifeline in which I have invested my savings.

I agree, it's a cycle we have seen so many times in the past. A country is piling up debt that is can repay and will eventually default and likely get a new currency in the aftermath. And losers in such scenarios are always the poor little guy trying to save. Asset prices might go up for a long time, but once the currency is worthless it will be hard to sell and find alternatives. The only real alternative to these bubbles is diversifying your assets across different currencies. Crypto currencies are the perfect tool to get out of the FIAT trap. 

The lockdown was a very bad thing bruh, and I never wish for that repeat itself again. When I see some countries talking about going for another lockdown, I just laughing, like seriously isn’t the last experience enough for them or until their economy crashes to the bottomless pit and their citizens die out of hunger that they are going to learn a lesson? It’s best to look for another alternative than talking about going for a lockdown which will have a serious effect on the economy.

The lockdown is very bad and the worst part of it is that people have lost their jobs just for no reason and now they will start looking for a means to survive. Some people don’t even have enough and they lost their jobs, how exactly are they going to be coping with that?

=====
Yup, recovery would take a long time, it would be after the debt stop soaring higher.

=====


=====

Currency sanctions has to be the culprit. It’s where bitcoin shine to curb sanction.

=====


=======

The pandemic amplify the inflation, first it’s QE, next come with zero interest rate policy, also come with zero reserve requirement, any sane person would feel the impact of pandemic, no exception. It’s remote impossible to contest against generalisation didn’t hold up.

=======


=====

Nothing was recovered since 2008, it’s getting worse, it might be just a pipe dream to think about recovery.

======




======

Yup debt is bad enough said.
======


========

It’s something news, crisis is long overdue but it’s not coming. Or it might have been over but nobody aware of it because it recovered too quickly, the market recovered from the new low since March to all time high in just less than six months, it’s insanely quick.
========


=========

The impact is unprecedented! The damages is inaccessible. Commence self destruction!

=========


=========
The few nations that didn’t advocate lock down, I think they would do well.

==========


=========

Having debt is fundamentally evil, Tim Cook do not like debt, must eliminate any debt!

=========

Natural dynamics are inevitable, the deviation we make through man made policies, politics and economics is the temporary part.   Either these debts pay off in some way or they are in a kind of soft default which does not adhere to capitalism.   Many people think we will revert to capitalism at some point just because natural laws are greater then humans ability to justify otherwise, we are poorer through QE policies basically.   We dont realise this just yet but it will be part of the overall story eventually.

You can't never compare the years already passed through to the present, in fact we ordinary people do not expect these tragic happening in our world today. We are all new to this experience, only this year 2020 we are experiencing lockdowns, student studies at home and the collapse of the economy due to the bankruptcy of small and large companies. And almost all countries are experiencing debts to save their citizens from this pandemic, and we can do nothing about it.

Taking loans for starting or renewing your business is actually never a problem because you can always pay back with the money you earn with it and considered a good option to invest after the tough covid-19 times everyone needs some help to stand their business up again. The problem when debts starts when you are taking debts just to pay your bills because you are taking loans and buying needs but that will dig a deeper hole because you aren't earning and you are now in the debt as well.

I might sound stupid but rather than taking debt I prefer to sell my car, my extra land if I have any and any assets I hold like Gold items I have stored in past because the money collected with these sale means I do not have to pay any interest and paying interest in the tough times is the last thing someone would want to do.

I don't know about that. For me history seems to always repeat it's self. For example, look at Venezuela or Turkey they are fighting with insanely high inflation numbers. Nothing new, in the past many countries faced similar problems. Or for example grand monther, she saw 5 different currencies in her lifetime. Things might look a bit more stable these days but it's no guarantee that history will repeat itself. In current times we are seeing a crisis roughly every 10 years since World War 1. The common response after such a crisis was to go into debt and try 5o stabilize the economy. So far no country has fully repaid their debt. Its a cycle of increasing debt.

A debt based economy cannot survive if it doesn't keep growing, most economies are debt based, simply bank creates money by issuing loans! You can read a lot about it, you can even watch documentaries about it, it's not like some secret anymore! Before people didn't know anything about economy (guess what, many people still don't know what is economy, how money is being created, distributed), but people are getting aware of all that! We can thank crypto for that, for opening our eyes! This current (traditional) system is full of flaws, and I always say that we need changes, with internet and crypto those changes are closer than ever before! With internet and crypto we have means to keep the information safe and secured from changes, we don't believe in everything that's served to us from governments and banks!

It is true that almost all countries have experienced an increase in the amount of debt due to the unstoppable spread of the corona virus.
And the state must go into debt to save the economy, so it is true that increasing debt cannot be avoided. Without being indebted, the state
cannot provide assistance to its people who have lost their jobs, a big disaster that happened in 2020, indeed destroying the world economy.
Hopefully this COVID19 pandemic will end soon, so the national debt will not continue to increase.

Many countries are underestimated the Corona Virus just like as Italy and USA. They thought that it just as simple as before when influenza pandemic happened. Because they underestimate, the medical system were collapsed and economy declined as well. I think the main reason why every countries were collapsed the economy and fall into debt is unpreparedness of the pandemic. Maybe, this is just an instrument for every country to have preparation when there is catastrophe event. So that we could be fall in debt. However, government has always corrupted officials and they are the ones who push the economy to fall in debt.

Many countries are not really focusing on how big their debt it because people is more valuable than the country's economy, leaders are willing to accept that their country needs to be in debt in order to save its people and yes it is gonna be hard in the long run because the government will need to increase tax or anything in order to slowly pay their debt once this pandemic ends

Market always crash, 2008 is happening, the next crash will be debt market crash? Because debt growing too huge, yeah market can’t crash because it’s different this time(tm), everything is fine debt is fine go back to work, forget what is satoshi white paper and 2008, it’s baseless.

price of the primary needs of human do also grow up all the time  . the only one that does not go up is the people that have dwarfs syndrome [ as heard on the song ;') ]   .

 i have debts too but my debts dont grow because i payed them on the promised date but after sometime i have another debt again . its inevitable indeed because we are only poor and we need to seek for other financial so that we can extend our selves living till the next paycheck again  ;'(  .

Economic reset happens to many nations but it doesn't happen to big nations all that much. Look at UK for example, they have been using the same money for god knows how long, or look at USA, those guys probably started using dollars right away and since have been using that.

So, I would say countries like Turkey and Venezuela happens but that is not the general expectation in all nations, that is just what happens in those type of nations, there are few more like that which didn't have that type of response just yet but will surely in at most a decade but that doesn't represent the whole world. So, what I am assuming is the fact that big nations are going to go up in debt but will be able to live with it while small nations will get more debt and have an economic reset.

This is where the economic structure of any country is exposed because no matter how much pope talk any government does but during these times the real face and the real economic situation gets exposed.

Having debts in any business is considered to be termite because it will slowly kill your business as what you will earn a big part of it goes towards the interest rates and you are earning for them. Large scale industries take loans that is understandable because they are making much higher revenue than the interest they pay but if we as new startups start taking loans, that has to be the worst thing ever.

If we account for inflation we dont have growth for some time, the debt is growing and being repaid by larger amounts of debt.   I'd argue the majority of the economy has to be not debt but capital and hence the capital is lent out as debt but the worth is with the savings.    With so much debt currently there is a danger it cannot be repaid under any circumstances, the present situation requires that future units of the debt or currency are lesser value so making the debt easy to service.    Both 2008 and currently the primary reason for one way movement in interest rates and this debt worth is government dictated market prices, this is outside capitalism and its hard to see how it ends well.     Its worth repeating the debt owed is not serviceable at any normal interest rate.

So you find a correlation between increasing debts and misogynists,incels and feminazis?Interesting...
This topic should be a subject of a really complex study conducted by sociologists,economists and psychic doctors.I can't find a correlation between the things you mentioned.
The only correlation is that increasing debt really pumps the stock prices(which is market distortion,rather than actual growth).This debt builds price bubbles,which will eventually burst some day.

Nope, we can only watching debt soaring high, when personal debt get to a certain threshold, we watch riot coming, yup debt turn people into violent, the first thing a family argue about something it has to be money, watch your dad and mum fighting everyday over money problem, eventually it’s your wife and you fighting over money problem, eventually it’s your government and you fighting over money problem, eventually it’s the United State and China fighting over money problem, debt is the root cause of everything else that soaring high.

Most nations do not care about the debt they are making and the printed money causing inflation, only because the other nations are doing it as well, that is the real reason. Not because they "have to" because they really do have to print money and make a debt and that is a reality but that is not the "reason" for it.

If it would cost the country a lot of money and would destroy everyone's financials, that would result with death as well, you probably are aware about the fact that if a nation becomes so poor that they can't even pay for food, eventually people die which would be even scarier than coronavirus, look at Venezuela for example. So, the reason why they were capable of printing money and making debt was the simple fact that all of the world was doing it, so they didn't got worse alone.

There is absolutely a connection but it doesn't have to be that radical. Usually all those points you talked about are political in nature, incels may not be but you can't even pinpoint where incels start (not talking about obvious ones, just at the verge ones) but feminazis and misogynists are a political problem, obviously there are non-political ones that exists out there but the ones who are political do try to change the world to their own version if given enough power, which you like or hate depending on what you think about those issues (not talking about you personally, just each person).

However debt should be making people mad and upset, not radical politicized people, just because you have a ton of debt doesn't mean you should try to change the world.

I think I’d take it as a complimentary.


I’m very sure it has nothing to do with political, feminazi and misogyny are just some human behaviour, there is absolutely nothing politic about some human behaviour, also nope we can’t mix scientific study with politics too, fictional and non fictional science, Idk who invent such a bizzare terms, as if there is real science and fake science, that’s the power of words, words is free, it’s powerful weapon, some use words to rules, some use word to scams, some use words to teach, but words aren’t regulated, anybody can use it to whatever they like. The reason human being are complex creatures that also make them untrustworthy, compared to a computer which can only count 1s and 0s, computer has more trustworthiness than human, blockchain has more trustworthiness is also all thank to how simple it work, it work on bunch of 1s and 0s too and some arithmetic.


[/quote][/quote]
Nah, people would do anything for money, stealing robbing hacking bombing nuking going to world wars and politics is big part talking about money, and small part of deceiving, politics news are typically confusing and difficult to understand, they’re bunch of highly intelligent people who wouldn’t want to contribute positively to the society, instead they waste their brain energy to create chaos, create confusing news, create unfair policy, denial on anything about their wrong doing, setting up rules, create virus hoax, the entire internet is fully contaminated with politics, it’s incomparable to when internet was still an infancy and most websites has some constructive discussions.